E-commerce

US-based virtual card platform Privacy.com has scored $10.2m in its Series A round, which was led by Teamworthy Ventures.

Nigerian TradeDepot has reportedly netted $10m in a new funding round co-led by Partech, the International Finance Corp., Women Entrepreneurs Finance Initiative and MSA Capital.

Just a few weeks after Klarna was named Europe's most valuable FinTech company on the back of a $650m round, the Swedish decacorn has now received new investment from Macy's.

Netherlands-based automated payments company Payaut has reportedly bagged €1m in a funding round.

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.

Swap, a Brazilian FinTech helping companies access payments, has reportedly raised $3.3m in a funding round.

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, the digital banking platform for freelancers, has become the latest FinTech firm to be swept up in the Wirecard scandal.

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.

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.