P2P Payments

Payments challenger Airwallex confirms unicorn status with DST Global-led Series C round

Cross-border payments challenger Airwallex has confirmed its unicorn status by passing a $1bn valuation through its latest funding round.

Warburg brings in Israel-based strategic partners as it wraps up $690m Leumi Card buyout

US buyout giant Warburg Pincus has decided to bring in a trio of strategic partners amid completing its ILS2.5bn $690m purchase of Israel-based credit card services provider Leumi Card.

South Korea’s Toss raises $80m

Viva Republic, the company behind South Korean payments app Toss has raised $80m in a funding round valuing the business at $1.2bn. Toss' peer-to-peer money transfer...

Payment solution for students Get said to raise $3.4m in funding

Get, a payment solution for university students, has reportedly bagged $3.4m in a new round of funding.

AirTM bags $7m in its Series A led by BlueYard

AirTM, a financial services provider for Latin America, has bagged $7m in its Series A led by BlueYard Capital.

CoinText.io bags $600k in Bitcoin Cash for its Seed investment round

Cryptocurrency wallet CoinText.io has raised $600,000 in Bitcoin Cash for its seed round of funding.

Viva Republica closes $40m funding from GIC, Sequoia China

South Korean-based Viva Republica has reportedly secured $40m in funding from GIC and Sequoia China.

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.
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Blockchain payments platform BitPay extends Series B round to $70m

Blockchain-based payments provider BitPay has increased its Series B round by an extra $40m.
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Brazil-based RecargaPay secures $22m Series B

Brazilian mobile payments and wallet platform RecargaPay has secured $22m in its Series B round.

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Red-letter week for FinTechs as $1bn raised across 17 deals

This week was a powerful funding week for FinTech firms, with $1.07bn raised across a healthy 17 deals. This marks a second consecutive week of...
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Why RegTech’s survival race is just beginning

The RegTech market has entered a new era. What began as an experimental space populated by agile startups has matured into a mainstream industry...
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Deluxe acquires Celero Commerce in $625m deal

Deluxe has agreed to acquire FinTech firm Celero Commerce for $625m, in a deal that will significantly accelerate its strategic shift away from legacy...

ASIC seeks $35m as HSBC admits scam protection gaps

HSBC Bank Australia Limited (HSBC), the Australian arm of one of the world's largest banking groups, is facing a $35m penalty after admitting to...

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