PayTech

Brazilian FinTech EBANX has captured a $430m investment from Advent International of which $30m would go toward its planned initial public offering (IPO) of stock.

Indonesian FinTech startup Wagely has secured $5.6m in a strategic funding round led by Intergra Partners.

Estonian identity verification firm Veriff has teamed with mobile money app Monese to provide strengthened and secure digital banking services to European consumers.

UK-based Coupay secured £200,000 pre-seed funding from SFC Capital and angels including serial entrepreneur Will Wynne of Smart Pension, Arena Flowers and Trulience in a bid to help small businesses get from sales to cash faster.

Israel-based predictive AI fraud protection company nSure AI raised $6.8m in seed funding led by DisruptiveAI, Phoenix Insurance, AXA-backed venture builder Kamet, Moneta Seeds and private investors.

Swedish buy now pay later (BNPL) juggernaut Klarna has launched its Comparison Shopping Service (CSS) in 21 markets across Europe.

Payment giant Stripe goes beyond its payment products, launches Stripe Identity, an identity verification system for online businesses as a means of reducing fraud, preventing account takeovers and stopping bad actors.

Paris-based startup that helps B2B companies get paid Upflow raised $15m in a Series A funding round to help businesses avoid late payments and improve cash flow.

Indian FinTech Refyne has raised $16m from a Series A funding round led by RTP Global and partners of DST Global.

UK FinTech DNA Payments has raked in £100m after it signed an agreement with private equity firm Alchemy Partners.