PayTech

ABN AMRO develops instant payment tool for gig economy workers

Dutch bank ABN AMRO has created an instant payments service for flexible workers in the gig economy market.

Timex teams with FinTechs to unveil range of contactless payment watches

Watchmaker Timex has partnered with Visa, Tappy and J.P Morgan subsidiary Chase to launch watch straps that can be used to conduct contactless payments.

Nets Group and Nordea Bank extend their long-term partnership in Denmark and Finland

Nordea and Nets entered into a new agreement, further prolonging their long-term partnership in Finland and Denmark enabling the latter to provide payment services to the financial institution.

Shopify and Affirm team up to offer buy now pay later service for US...

E-commerce platform Shopify has launched Shop Pay Installments, powered through a partnership with BNPL provider Affirm to offer flexible payments to US customers.

Clair notches $15m to help gig workers get instant pay advances

New York-based startup that provides instant pay access as a service for human capital management platforms Clair raised $15m in Series A funding.

What Nubank and Klarna’s colossal rounds from last week reveal about the FinTech industry

While Nubank’s massive Series G round and Klarna's $40bn valuation may have secured the most headlines last week, CyberTech and cryptocurrency ventures bagged the most capital injections.

Enfuce nabs €45m for its cloud-based card issuing platform

Enfuce, a European card-as-a-service (CaaS) platform, has scored €45m in its Series C funding round

Kafene said to raise $14m to offer flexible payments and protect customers from debt

BNPL firm Kafene raised $14m in Series A funding to empower flexible ownership for subprime customers.

Messenger adds custom QR codes for P2P Facebook Pay transactions

Facebook Messenger introduced Venmo-like QR Codes and personalised payment links in a bid to enable person-to-person payments with Facebook Pay.

Klarna becomes Europe’s highest-valued private FinTech after netting $639m in funding

Swedish-based BNPL giant Klarna raised more than $639m in a new private fundraising round, led by Japan’s SoftBank, boosting its valuation to almost $46bn.

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.

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