JP Morgan taps blockchain for improving money transfers
Investment bank and financial services juggernaut JP Morgan has revealed it is using blockchain technology to improve money transfers between banks globally.
StyloPay picks Tribe Payments for global digital wallet offering
Tribe Payments’ digital wallet technology has received another vote of confidence as payment and mobile apps business StyloPay has decided to use it.
Square picks up struggling Yik Yak’s tech team for $3m
Payments company Square is taking struggling social app Yik Yak’s development team off its hands for $3m.
Klarna to support the Red Cross’ response to COVID-19 by donating £1 of every...
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.
20 FinTech rounds from last week you can’t afford to be unaware of
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.
What Dataminr’s $475m round among the 33 investments in the FinTech sector last week...
Out of the 33 FinTech funding rounds we reported on last week, cybersecurity companies and cryptocurrency-based enterprises were the clear winners.
Iatai swipes $5m for Latin American and Caribbean services
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.
Thoma Bravo to acquire PayTech Bottomline in $2.6bn deal
Private equity firm Thoma Bravo has entered a deal to acquire business payments company Bottomline Technologies in an all-cash transaction worth $2.6bn.
Paysend seeks global expansion following $125m Series B
UK card transfer business Paysend has closed a $125m Series B funding round led by venture capital firm One Peak.
Payments unicorn Revolut is opening a new centre in Portugal
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.
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