Checkout.com warns businesses could risk losing $20bn because legitimate online payments are rejected as...
Businesses risk losing over $20bn annually due to legitimate transactions being rejected as fraudulent, which could cause a serious dent in their coffers as they recover from Covid-19, according to new research from Checkout.com.
Brazil-based Swap said to raise $3.3m in funding
Swap, a Brazilian FinTech helping companies access payments, has reportedly raised $3.3m in a funding round.
20 FinTech rounds from last week you can’t afford to be unaware of
FinTech companies, RegTech ventures, InsurTech startups and challenger banks raised money in the last week. This is what you can learn from the 20 FinTech rounds we reported on.
Holvi cards suspended because of the Wirecard scandal
Holvi, the digital banking platform for freelancers, has become the latest FinTech firm to be swept up in the Wirecard scandal.
Curve warns customers of “temporary disruption” as it deals with the Wirecard fallout
Payment startup Curve has warned its customers that their services will be disrupted because of the Wirecard scandal having prompted the Financial Conduct Authority (FCA) to freeze all of the payment giant's assets.
Global online micro-transaction market to be worth $37.61bn by 2030 because of Covid-19
The micro-transaction market is set to skyrocket in the next ten years because more people turn to gaming as part of them coping with the coronavirus, according to new research.
Wirecard’s CEO leaves company after search for missing €1.9bn hits a dead end
The Wirecard scandal sweeping across the European FinTech space intensified over the weekend with CEO Markus Braun leaving the company as the board says the missing €1.9bn ($2.1bn) "do not exist."
Could Checkout.com just have become Europe’s most valuable FinTech startup after tripling its valuation...
London-headquartered Checkout.com has just raised a $150m Series B funding round that saw it triple its valuation to $5.5bn, making it one of Europe's...
One Equity Partners appoints former CEO of controversial FinTech startup Mozido as new operating...
The former boss of beleaguered mobile payments and commerce company Mozido has joined private equity firm One Equity Partners as its new operating partner.
Ayannah merges with ECAP to launch new pan-Asian company
Philippines-based Ayannah and India-based Electronic Cash and Payment Solutions (ECAP) have merged to create a pan-Asian company.
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