Revolut becomes latest unicorn following $250m Series C
London-based banking app Revolut has become the newest FinTech unicorn following its latest $250m funding round.
Pocket money app for kids, Junio, lands $6m
Digital payments firm Junio, which focuses on managing children’s pocket money, has raised $6m in a pre-Series A funding round.
Stripe is officially launching in Mexico as Latin America’s FinTech scene is exploding
Mexico City is due to welcome Stripe as the payments giant becomes the latest FinTech stakeholder to bet on the opportunities in Latin America.
NXT-ID buys payments IoT player Fit Pay
Security technology company NXT-ID is acquiring internet of things (IoT) payments company Fit Pay. The financial terms of the deal are undisclosed.
Mox bolsters banking offering with new BNPL service
Hong Kong virtual bank Mox has introduced a new buy now, pay later (BNPL) solution that can split purchase payments over a 36-month period.
What do these 28 FinTech rounds from last week reveal about the industry
Last week week saw 28 FinTechs close investment deals. Three sectors in particular proved especially successful.
The Netherlands leads Europe’s surge in wearable payments
Wearable payments are becoming more popular across Europe and the Netherlands is leading this charge.
Splitit and AliExpress to launch Pay After Delivery service across USA
Installment payment platforms Splitit and AliExpress are bringing their “Pay After Delivery” offering to the United States, following successful roll-outs across Europe.
Paysend and Visa bolster global payments partnership
Paysend and Visa have announced a five-year extension to their existing global money movement arrangement through Visa Direct.
Zilch and Mastercard widen partnership to launch BNPL card in Europe
FinTech company Zilch has revealed it has expended its partnership with Mastercard to help bring the former’s buy now, pay later (BNPL) card digital card to Europe.