Investment bank and financial services juggernaut JP Morgan has revealed it is using blockchain technology to improve money transfers between banks globally.
Tribe Payments’ digital wallet technology has received another vote of confidence as payment and mobile apps business StyloPay has decided to use it.
Payments company Square is taking struggling social app Yik Yak’s development team off its hands for $3m.
Joining a slew FinTech ventures that have launched initiatives to support the fight against the coronavirus, Swedish payment solution provider Klarna has announced a new collaboration with ASOS.
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.
Out of the 33 FinTech funding rounds we reported on last week, cybersecurity companies and cryptocurrency-based enterprises were the clear winners.
Iatai Enterprises, a FinTech and InsurTech company serving Latin America and the Caribbean, has raised $5m in a funding round. The capital comes from private equity fund CASEIF III LP.
Private equity firm Thoma Bravo has entered a deal to acquire business payments company Bottomline Technologies in an all-cash transaction worth $2.6bn.
UK card transfer business Paysend has closed a $125m Series B funding round led by venture capital firm One Peak.
Revolut has announced plans to open a customer operation centre in Porto, Portugal. The move will create 400 new jobs, according to the payments app.