Credit card provider Yonder scores £62.5m in debt and equity
Credit card provider Yonder has reportedly raised £62.5m in its Series A funding round, which comprises £12.5m in equity and £30m in debt financing.
Wise forms pair of partnerships to support diversity and social mobility
Money management FinTech Wise has established partnerships that aim to improve diversity and social mobility within the next generation of workers.
Zenus Bank acquires Financial Urban Exchange to support LatAm and Caribbean
Zenus Bank, a digital bank that allows people to open US bank accounts around the world, has acquired real-time payments company Financial Urban Exchange.
Paymentology, Fondeadora partner for Apple Pay in LatAm
Global issuer-processor Paymentology has established a strategic partnership with Mexico-based financial service provider Fondeadora to bring Apple Pay to the country.
UK FinTech giant Revolut records first full year of profitability
UK FinTech giant Revolut has recorded its first full year of profitability, after it generated £100.3m adjusted EBITDA and £26.3m in profit for 2021.
5 essential steps to secure digital payments
As digital payments continue to take the world by storm, Flagright has outlined the five essential steps FinTechs and neobanks can take to secure their digital payments.
Sunbit bags $250m to make everyday expenses easier
Sunbit, a company building financial technology for everyday expenses, has closed a $250m revolving debt facility.
Global spend for OTT to hit $25bn in 2023
The global spend for OTT (over-the-top) based conversational commerce is expected to rise from $13.3bn in 2022 to $25.1bn in 2023, according to a report from Juniper Research.
Sainsbury’s names Checkout.com as payments innovation partner
Payments service provider Checkout.com has been named by UK retailer Sainsbury’s to simplify and modernise its payment infrastructure across its business.
PayTech platform Ping scores $15m
Ping, a global payment platform for freelancers and contractors, has netted $15m in a seed funding round.
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