PayTech

Wise debuts on the London Stock Exchange, at a valuation of over $11bn

Wise announced its entire share capital of 994 million shares to have been admitted to the standard listing segment of the London Stock Exchange in a much-anticipated debut.

Previse, Pagero partner to support early payment tech roll-out

Instant invoice payment firm Previse has partnered with e-invoicing business Pagero to enable instant, embedded finance to be delivered on the latter’s open business network.

Kakao Pay files for IPO on Korea Composite Stock Price Index

South Korea-based mobile payment company Kakao Pay has filed for an IPO on the Korea Composite Stock Price Index (KOSPI).

Klarna under fire by Swedish watchdog for bank secrecy breach

Sweden's financial watchdog Finansinspektionen is investigating payments firm Klarna over a potential breach of banking secrecy laws in connection with an IT incident at the firm in May.

Smart POS systems to increase in usage by 156% by 2026

The amount of smart POS systems will increase by 156% by 2026, with companies needing to implement new features to stay ahead of the market.

Pleo joins billion-dollar club after pulling in $150m, plans aggressive hiring in UK

Copenhagen-based FinTech startup Pleo, an employee credit card and expense solution provider has joined the European’ unicorn’ club after raising Denmark’s biggest ever Series C at $150m.

Carbon, Visa enter five-year partnership to support payments across Africa

African FinTech Carbon has entered a five-year strategic alliance with Visa to provide digital and physical issuance of Visa cards to its customers on the continent.

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.

The 29 FinTech rounds raised last week prove that crypto firms and InsurTechs will...

The FinTech space continues to grow with no sign of slowing down and the 29 rounds raised week prove that, with cryptocurrency companies and InsurTechs being the leading sub-sectors.

Singapore-Based neobank StashFin snags $40m in Series B extension

Singapore-based neobanking startup, StashFin completed the extension of its Series B equity financing of $40m.

News Stories

US-based CyberTech companies dominated this week's FinTech funding

US-based CyberTech companies dominated this week’s FinTech funding

it was a strong week for US-based CyberTech companies, accounting for eight of the total 26 FinTech deals covered this week.  In total, FinTech Global...
Realm.Security secures $5m in seed funding to streamline cybersecurity data management

Realm.Security secures $5m in seed funding to streamline cybersecurity data management

Realm.Security, a startup tailored for cybersecurity, has stepped out of stealth mode and announced a $5m seed investment spearheaded by Accomplice and Glasswing Ventures.
Fora Financial boosts liquidity with a record $126.9m asset-backed securitization

Fora Financial boosts liquidity with a record $126.9m asset-backed securitization

Fora Financial, a prominent FinTech company providing financial solutions to small and medium-sized businesses (SMBs), announced today the closure of its third and largest asset-backed securitization (ABS) valued at $126.9m.
Novatus Global bolsters RegTech prowess with $40m investment

Novatus Global bolsters RegTech prowess with $40m investment

Novatus Global, a London-based leader in regulatory technology, has announced a significant growth investment of $40m from Silversmith Capital Partners, a growth equity firm located in Boston.
Ledgebrook's innovative push in InsurTech garners $17m Series B funding

Ledgebrook’s innovative push in InsurTech garners $17m Series B funding

Ledgebrook, the rapidly growing InsurTech firm, has successfully closed a $17m Series B funding round.

120,000+ FinTech leaders get exclusive industry stories delivered every week

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution