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.
fintech insurtech wealthtech regtech ai cybertech esg news

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.
fintech insurtech wealthtech regtech ai cybertech esg news

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.

News Stories

TrueLayer

TrueLayer introduces Signup+ to boost customer onboarding

TrueLayer, an open banking platform, has launched what it claims is the first-ever automated onboarding product using open banking APIs. 
Cover Whale to improve commercial trucking safety through Nexar

Cover Whale to improve commercial trucking safety through Nexar

Cover Whale Insurance Solutions, an InsurTech focused on commercial trucking, has teamed up with video telematics company Nexar.
silicon-valley-bank-uk-injects-e30m-into-lendtech-liberis

Silicon Valley Bank UK injects €30m into LendTech Liberis

Global embedded business finance platform Liberis has secured an additional €30m funding from Silicon Valley Bank UK to support its European expansion.
Credit-cards -issued-through-digital-platforms-to-soar-by-170%

Credit cards issued through digital platforms to soar by 170%

The number of credit cards issued via digital card issuance platforms will exceed 321 million globally by 2027, up from 120 million in 2023.
ECB

ECB unveils financed emissions and sustainable finance indicators

The European Central Bank (ECB) has published a series of new statistical indicators aimed at helping to analyse climate-related risks in finance

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