PayTech

UK-based whitelabel platform for retail finance Divido raised $30m in Series B funding.

Personal finance app provider Truebill raised $45m in Series D funding giving it a valuation of $500m.

Spanish FinTech Pecunpay has launched a new digital payments innovation centre named FINTANK.

Mexico City-based open finance API platform Belvo has raised $ 43m in a Series A funding round, touting it as “the largest ever Series A for a FinTech company in Latin America.”

Healthcare financial technology startup that spun off of Ally Commerce Inc. Green Feather raised a $1.5m seed round.

Computer Services Inc (CSI) will participate in the FedNow pilot program with the aim of increasing the adoption of instant payments in the US.

Ecuador’s Kushki raised a $86m round in what it claimed was the highest valuation Series B in LatAm, valuing the 4-year company nearly at $600m.

While Covid-19 continues to haunt us, the FinTech industry continues to rake in millions of dollars. Neobanks and cybersecurity companies were the top-scoring sectors to raise investment among the 42 rounds that FinTech Global reported on last week.

From: RegTech AnalystOutgoing US president Donald Trump has signed an executive order banning transactions with eight Chinese-connected apps, including Alipay.The list also includes apps...

Columbian buy now, pay later (BNPL) firm Addi has snared $65m in debt and equity funding.