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.