India-based Paytm preps for planned $3bn IPO
India’s Paytm invited employees to tender equity shares in part or in full for sale in the digital payments giant’s planned initial public offering (IPO), a step it dubs as the country’s largest stock market debut ever.
Y Combinator-backed Cashfree lands funding from SBI for its payment platform
Digital payments and banking technology company Cashfree received an undisclosed funding amount from the State Bank of India (SBI) at a valuation of around $200m.
How Latin American startups and InsurTechs stole the show among the 37 FinTech investments...
InsurTech companies continued their winning streak last week among the 37 FinTechs that raised big rounds.
BNPL giant Klarna launches interest-free shopping app which can be used at any online...
Banking, payments and shopping service Klarna launched its Shopping app, enabling users to pay in any online shop directly through the Klarna app, eliminating the need to use a credit card.
Enfuce teams with Visa to accelerate FinTech payment card issuing
Finnish FinTech Enfuce has entered a collaboration with Visa aimed at supporting European FinTechs in launching their own payment card within eight weeks.
Loyalty app Fetch Rewards joins unicorn club after new Softbank-Led Series D round
Loyalty and rewards app Fetch Rewards raised $210m in a funding round led by SoftBank Vision Fund 2, valuing the company at over $1bn.
Tred, Nium partner to launch sustainable debit card
UK FinTech Tred has teamed with B2B payments firm Nium to be the card-issuer for its new sustainable green debit card.
EU plans to roll-out digital wallet for payments by 2022
The European Union has revealed it intends to introduce a new digital wallet that will be available for use across all 27 member states by 2022.
Medxoom closes $8m in funding to deepen its product suite
Medxoom, a healthcare platform helping to streamline payments, has closed an $8m investment as it looks to deepen its product suite.
Expense management firm Jeeves emerges from stealth with Andreessen Horowitz-led round
Jeeves, an all-in-one global expense management platform for startups, has emerged from stealth with $131m in total funding, including $31m in equity and $100m in debt financing.