E-commerce

Digital multi-currency wallet giant YouTrip lands a whopping $50m in Series B

Digital multi-currency wallet giant YouTrip lands a whopping $50m in Series B

YouTrip, "Singapore's leading multi-currency digital wallet", has successfully raised $50m in their Series B funding round. A trailblazer in the FinTech industry, YouTrip made...

The growing pains: Why payments firms are struggling to scale in 2023

The rise of the digital age has brought a plethora of growth opportunities for FinTechs and non-banking financial institutions (FIs). However, many of these entities find themselves ill-prepared to harness these potential gains fully.
Carta Worldwide Inc. has announced a multi-year deal with Oracle Cloud Infrastructure (OCI) to accelerate innovation and support its future growth.

Carta Worldwide announces multi-year deal with Oracle Cloud Infrastructure to drive innovation & growth

Carta Worldwide Inc. has announced a multi-year deal with Oracle Cloud Infrastructure (OCI) to accelerate innovation and support its future growth.

Finastra and ELCY unveil unified Corporate Trade Finance Portal for global reach

Finastra, a prominent global provider of financial software applications and marketplaces, is joining forces with ELCY, a leading specialist in e-commerce solutions dedicated to the processing of international trade finance.
Marqeta and Scalapay have agreed a partnership which is set to deliver BNPL capabilities across Europe.

Marqeta and Scalapay partner to deliver BNPL across Europe

Marqeta and Scalapay have agreed a partnership which is set to deliver BNPL capabilities across Europe.
Revolut ramps up anti-fraud efforts with doubled financial crime team

Revolut ramps up anti-fraud efforts with doubled financial crime team

Revolut, a global financial superapp serving over 35 million customers, has significantly expanded its Financial Crime (FinCrime) division, doubling the headcount since 2021.
Hepsipay, an innovative platform wallet launched by Hepsiburada, a leading Turkish e-commerce platform, has entered a transformative partnership with Visa, a global digital payments leader.

Hepsipay and Visa join forces to expand digital payment horizons

Hepsipay, an innovative platform wallet launched by Hepsiburada, a leading Turkish e-commerce platform, has entered a transformative partnership with Visa, a global digital payments leader.
TerraPay, a global payments network known for its agility and vast reach, has partnered with Bancolombia, Colombia's foremost player in remittances in a bid to revolutionise cross-border remittances in the region.

TerraPay and Bancolombia join forces to revolutionise cross-border remittances in Colombia

TerraPay, a global payments network known for its agility and vast reach, has partnered with Bancolombia, Colombia's foremost player in remittances in a bid to revolutionise cross-border remittances in the region.
QNB unveils Qatar's premier local payment gateway

QNB unveils Qatar’s premier local payment gateway

QNB Group, the foremost financial institution in the Middle East and Africa, has made waves with the introduction of the new QNB Payment Gateway, marking it as the premier locally established payment gateway in Qatar.
Loop bags $35m in Series B to revolutionise transportation logistics

Loop bags $35m in Series B to revolutionise transportation logistics

Loop, a cutting-edge audit and payment platform designed for the next-generation supply chain, has proudly announced its successful acquisition of a $35m Series B investment.

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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