E-commerce

Fincy receives $11m capital injection from parent company GBCI to grow across Asia

E-wallet company Fincy has revealed that it has filled its coffers with an additional $11m power boost to launch its South-East Asia.

Global payment as a service market to be worth $25.7bn by 2027

Digital transformation and changing consumer demands are driving the maturation of the global payment as a service market at an expected compound annual growth rate of 16.9% in the next seven years.

Trustly closes investment from BlackRock

Sweden-based open banking payments platform Trustly has secured an investment from BlackRock Private Equity Partners.

Klarna has reached a record 7.85 million customers in the US partly because of...

On the back of signing multiple retail partnerships and partly due to the coronavirus, PayTech giant Klarna has announced that it has reached a record 7.85 million US customers.

The 35 FinTech deals from the last week that you can’t afford to miss

Keeping up with all the comings and goings of the FinTech space is far from easy, but don't worry. We've got you covered with the deals that sent shock waves across the sector in the last week.

Stellar Development Foundation injects $550,000 into SatoshiPay despite COVID-19 restrictions

SatoshiPay is set to keep developing its B"B solution after the the Stellar Development Foundation made a strategic investment of $550,000 by way of convertible loan notes into the company.

The State Bank of Pakistan permits NayaPay to launch pilot

NayaPay has picked up a licence to begin operations in Pakistan from the country's central bank.

Payments API Modulr closes ?18.9m growth funding

Payment as a service API platform Modulr has closed a ?18.9m in growth capital, just months after closing its former round.

FIS adds Google Pay to its Hosted Payment Page

Financial services technology firm FIS has added Google Pay to its Hosted Payment Page product for online merchants, meaning merchants can simply turn on Google Pay to enable express online checkouts.

Klarna acquires UK-based e-commerce company Nuji

Swedish FinTech unicorn Klarna is "continuing to invest strategically" by buying Nuji for an undisclosed amount.

News Stories

Over $3bn raised in this week's 29 FinTech funding rounds

Over $3bn raised in this week’s 29 FinTech funding rounds

Over $3bn was raised by FinTech companies this week, supercharged by a colossal €1.5bn raised by UK-based SumUp. 
Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena, a pioneering FinTech company known for its cloud-native, API-led microservices-based multi-product platforms, has appointed Rajesh Mehta to its Growth Advisory Board.
League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League Data and Mambu have embarked on a groundbreaking journey to transform the Canadian financial landscape by introducing advanced cloud banking solutions to credit unions.
Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint, known as the world's most accurate device intelligence platform, is partnering with Oscilar, a leader in AI-driven risk and fraud management.
Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English, an online English-learning platform operating in over 30 countries, and dLocal, a leading cross-border payment platform specializing in high-growth markets, have recently announced a significant partnership.

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