Molten Ventures reduces Revolut valuation by 40%
Molten Ventures, a prominent venture capital firm, has marked down the value of its stake in the FinTech enterprise Revolut by 40%, according to a report from Finextra.
LinkAja’s financing flight continues with a new funding round underway
Indonesian digital wallet, LinkAja, is rumoured to be on the brink of closing a new round of funding, according to a report from Nikkei Asia.
Checkout.com steps up in UAE: new acquiring licence to revolutionise digital payments
Checkout.com, a key player in the global payments landscape, can now add another feather to its cap as it becomes the first global payments platform to receive a Retail Payment Services licence from the UAE Central Bank.
Vonage and Meta redefine payment solutions through WhatsApp in Singapore
Vonage, a global front-runner in cloud communications aiding businesses to fast-track their digital transformation, has joined forces with Meta, the parent company of WhatsApp. Together they aim to introduce payments through the messaging platform in Singapore.
Next-gen payment platform Liquido enters Latin America, raises $26m
Liquido, the next generation payments company for Latin America, has emerged from stealth mode, aiming to modernize and democratize digital payments access for the...
Credit card provider Yonder scores £62.5m in debt and equity
Credit card provider Yonder has reportedly raised £62.5m in its Series A funding round, which comprises £12.5m in equity and £30m in debt financing.
Wise forms pair of partnerships to support diversity and social mobility
Money management FinTech Wise has established partnerships that aim to improve diversity and social mobility within the next generation of workers.
Zenus Bank acquires Financial Urban Exchange to support LatAm and Caribbean
Zenus Bank, a digital bank that allows people to open US bank accounts around the world, has acquired real-time payments company Financial Urban Exchange.
Paymentology, Fondeadora partner for Apple Pay in LatAm
Global issuer-processor Paymentology has established a strategic partnership with Mexico-based financial service provider Fondeadora to bring Apple Pay to the country.
UK FinTech giant Revolut records first full year of profitability
UK FinTech giant Revolut has recorded its first full year of profitability, after it generated £100.3m adjusted EBITDA and £26.3m in profit for 2021.