Bottlepay hits ?51m valuation after seed round close
Real-time global payments system Bottlepay has raised ?11m in its seed round to continue its aggressive hiring streak.
Promise closes $20m Series A to support its goal of updating government payment systems
Payment technology developer Promise has scored more than $20m in its Series A round which will help its goal of bringing update government payment systems.
Israeli bank launches digital wallet FibiPay to boost online payments
With an aim to disrupt and digitise the payment sector, the First International Bank of Israel launched new mobile wallet app, FibiPay.
IKEA forays into banking sector with a 49% stake in Ikano Bank
Expanding its business into other areas, Swedish furniture giant IKEA has entered the banking space by acquiring a 49% stake in Ikano Bank.
What do these 36 FinTech rounds raised in the last week reveal about the...
WealthTech and cybersecurity enterprises were among the FinTech businesses that closed investment rounds in the last seven days. Companies operating in the WealthTech, cybersecurity, RegTech,...
Symend extends its Series B round with a fresh $43m investment
Symend, which leverages behavioural science to encourage customers to resolve past due bills, has netted an additional $43m in Series B funding.
Breaking: Klarna’s CEO diagnosed with Covid-19
Klarna's CEO and co-founder Sebastian Siemiatkowski has been diagnosed with the coronavirus and now urges the Swedish government to step up its fight against the pandemic.
Rapyd to acquire payments firm Valitor for $100m
US payments network Rapyd is set to purchase Icelandic company Valitor from Arion Bank in a $100m deal.
What’s next for Sweden’s FinTech ecosystem?
After years of record growth and it briefly being home to Europe's most valuable FinTech, how will Sweden's emerging FinTech ecosystem come out of the Covid-19 pandemic?
Biometrics to secure over $3trn in mobile payments by 2025
Biometrics will be used to authenticate over $3trn mobile payments around the world by 2025, according to a new study from Juniper Research