Mobile Payments

Extend collects $3m in its Seed financing round led by Point72

New York-based digital business credit card platform Extend has collected $3m in its Seed financing round.

MFS Global nets $4.5m in Series B round led by LUN Partners

MFS Africa, a digital payments processor, has netted $4.5m in its Series B funding round led by China-based LUN Partners Group.
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Revolut said to receive funding that would value it at $1.4bn

London-based banking app Revolut has reportedly received a new round of funding led by DST Global.

CardUp said to collect $1.7m round led by Sequoia

Singapore-based card payments platform CardUp has reportedly secured a $1.7m investment round to develop its offerings to the SME market.

Midigator picks up $30m minority investment from LLR Partners

Midigator, a payment card chargebacks management platform, has picked up a $30m minority growth investment from LLR Partners.

Australian student payments app QPay bags $570k funding

Australia-based payments app for university students QPay has picked up $570,000 from Sydney Angels, weeks after launching its QPay MasterCard.

Alipay forms third partnership this month with companies in the Americas

Alipay has formed its third strategic partnership this month, completing a deal with Openpay (Mexico).

SeamlessDocs collects $7.5m funding led by SJF

SeamlessDocs, a government cloud-based technology developer, has collected $7.5m in its funding round,

Nordic Capital acquires online payment provider Trustly from Bridgepoint

Trustly, a European online payments provider, has been acquired by Nordic Capital, in an undisclosed deal.

Barbados-based Bitt.com has raised a further $3m from Medici

Medici Ventures has injected a further $3m to Barbados-based Bitt.com, a blockchain-based digital payments provider.

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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