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

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 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

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 as payments innovation partner

Payments service provider 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. 

News Stories


PayPal Ventures backs Magic with $52m for web3 revolution

Magic, a Wallet-as-a-Service (WaaS) provider, has recently successfully secured $52m in a strategic funding round.

HSBC pioneers AI-backed ESG Index for sustainable investment boost

HSBC, in partnership with Arabesque AI, has announced the launch of a pioneering ESG Index backed by artificial intelligence (AI).

Vartana to shake up B2B payments with $20m Series B

Vartana, an enterprise checkout platform designed for B2B software and hardware purchases, has bagged $20m in a Series B.

Measurabl gathers $93m to boost real estate ESG platform growth

Measurabl, an ESG technology platform for real estate, has announced the completion of its $93m Series D funding round.

BIS Innovation Hub uses AI and data analytics for efficient money laundering detection

The BIS Innovation Hub has found that a number of key tech developments have proven to be superior for detecting money laundering networks.

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