Virgin Money teams with 9Spokes to aid business banking development
Virgin Money has partnered with New Zealand-based FinTech company 9Spokes to help support the development of the former’s business banking proposition.
Peter Thiel’s Valar Ventures, Klarna founder back Indonesia-based BukuWarung in $60m round
Indonesian FinTech startup BukuWarung raised $60m in Series A funding in a round led by Valar Ventures and Goodwater Capital.
Hokodo bags $12.5m as it gears up for European expansion
Hokodo, which enables B2B merchants offer customers payment terms in real-time, has closed its Series A on $12.5m.
Bottlepay unveils cross-border payments app in Europe
Real-time global payments system Bottlepay has rolled out its payments app across Europe.
Tide said to close a multi-million round from Apex Digital, valuing it at $350m
British FinTech Tide is said to be closing in on a £350m valuation following a fresh cash injection from the growth arm of private equity giant Apax Partners.
Nubank nabs $750m in a Berkshire-led round at a valuation of $30bn
Warren Buffett’s Berkshire Hathaway Inc invested $500m in Brazil’s Nubank, boosting the fast-growing FinTech firm's aim to expand across Latin America.
PwC study finds digital transactions are outpacing cash payments
A study by PricewaterhouseCoopers (PwC) has found cashless transaction volumes are expected to outpace cash payments going into 2030.
Mooncard secures €20m to accelerate its expansion in Europe
Corporate card provider Mooncard will bolster its development in France as well as expand internationally, following the close of a €20m funding round.
Dave enters acquisition agreement to speed up IPO plans
US banking app Dave has entered into a partnership with acquisition firm VPC Impact Acquisition Holdings that will result in the former becoming a publicly-traded company.
Briq to boost Fintech services for construction industry with latest Tiger Global-led round
Briq, which developed a FinTech platform used by the construction industry, raised $30m in a Series B funding round led by Tiger Global Management.