Mobile Payments

Stronghold picks up $3.3m in Seed round to support platform growth

Cryptocurrency exchange platform Stronghold has picked up $3.3m for its Seed round of funding.

Glint looks to raise £15m for its Series A, including a £1.5m crowdfunding campaign

Global currency, account and app Glint has raised £15m in its Series A round, which will also have a portion raised through crowdfunding.

Airwallex closes $80m Series B to support international expansion efforts

International payments provider Airwallex has closed a Series B funding round on $80m. The round picked up commitments from existing backers Tencent and Sequoia China....

Sea completes $575m convertible senior notes sale

Asia-based digital services provider Sea has completed its convertible senior notes offering on $575m.

ToneTag said to raise between $8m to $10m in Amazon, MasterCard led funding

Contactless payment platform ToneTag has reportedly raised between $8m and $10m in its latest funding round.

Pleo collects $16m in its Series A led by Kinnevik

Payment card provider Pleo has collected $16m in its Series A round led by Stockholm venture firm Kinnevik.

African payment provider Cellulant closes $47.5m Series C

The Rise Fund, a global impact investing fund managed by TPG Growth, has led a $47.5m Series C for African digital payment provider Cellulant.

PumaPay raises $117m in private token sale

PumaPay has raised $117m in a private token sale through the deployment of 78 billion PMA tokens.
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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.
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Microchip Payments said to pick up funding from Sandbox Startups

Mobile banking platform Microchip Payments has reportedly received an investment from technology incubator Sandbox Startups.

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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