Financial services fear fraud rise with cost-of-living crisis
Nearly half (43%) of financial services expect the cost-of-living crisis to increase the risk of financial crime and fraud over the next 12 months.
Satispay becomes Italian unicorn with €320m raise
Satispay, a Milan-based payment network, has raised €320m in Series D funding, exceeding a €1bn valuation.
Andreessen Horowitz backs cross-border PayTech Payall
Payall, a bank processor for cross-border payments and international money transfers, has closed a $10m seed round led by Andreessen Horowitz (a16z).
Bitmama bags $2m pre-seed
US and African-based blockchain payments startup Bitmama has raised an additional $1.65m in its pre-seed round, bringing the total raised to $2m.
KodyPay closes pre-Series A to transform payment acceptance
KodyPay, which is helping to simplify in-person payment acceptance, has raised $5m in its pre-Series A funding round.
InsurTech Cover Genius teams up with BNPL player Zip
Embedded InsurTech Cover Genius has partnered with global buy now, pay later (BNPL) company Zip, to offering tailored protection embedded in the payment process.
Twid bags $12m for loyalty and reward payments
India-based Twid, which is on a mission to revolutionise how loyalty and rewards are used, has raised $12m in Series A funding.
FPL Technologies becomes India’s newest FinTech unicorn
FPL Technologies, which offers a metal credit card under the OneCard brand, has reportedly become India newest unicorn.
Revolut adds Stripe amid global expansion
UK FinTech giant Revolut is to use Stripe, a financial infrastructure platform for businesses, to support payments in the UK and Europe and accelerate its expansion into new markets.
Raylo raises €7.5m for the “responsible evolution of BNPL”
Raylo, a London-based subscription payment platform, has raised €7.5m.
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