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.
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.
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