Research finds FinTech apps outperformed banks during pandemic
Research by mobile analytics platform App Annie has discovered mobile FinTech apps outperformed banks by a factor of up to 10.8x during the COVID-19 pandemic.
Late payments can create dangerous ‘domino effect’ across entire supply chain
A recent survey conducted by PayTech firm GoCardless found 86% of respondents agreed that one late payment can impact everyone in the supply chain.
Brite Payments secures $60m to drive global expansion
Swedish FinTech Brite Payments has successfully secured $60m in a recent funding round led by Dawn Capital, with participation from Headline and existing investor Incore Invest.
Curve picks Thought Machine to power its new instalments startup Curve Credit
Hot on the heels of it bringing its Series B round to a hefty $125m in July, Thought Machine has now been tapped to power Curve's new credit and loan startup Curve Credit.
Nationwide buys share in donations app Percent
Donations app startup Percent is getting backed by Nationwide Building Society.
Token driving UK open banking payments expansion, research finds
Market share statistics by CMA9 – the nine largest UK banks – has found open banking platform Token is driving the adoption of open banking payments in the country.
The 35 FinTech deals from the last week that you can’t afford to miss
Keeping up with all the comings and goings of the FinTech space is far from easy, but don't worry. We've got you covered with the deals that sent shock waves across the sector in the last week.
FintechOS bags $60m in prosperous Series B
London-based FinTech FintechOS has snared $60m in a Series B funding round led by Draper Esprit.
Revolut in talks with SoftBank for investment at $30bn valuation
Revolut is reportedly in talks with SoftBank’s Vision Fund 2 about participating in a fundraising effort that could value the banking and payment app at more than $30bn, Sky News reported.
BNPL player Zilch secures US market foothold with NepFin purchase
UK buy now, pay later (BNPL) company Zilch has entered an agreement to acquire FinTech startup NepFin as it prepares to enter the US market.
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