Vivid Money bags $60m Series B to expand across Europe
Berlin-based challenger bank Vivid Money has raised $60m from a Series B funding round led by Greenoaks.
FOMO teams with Atome to expand BNPL across Asia
Singaporean payments company FOMO Pay has partnered with buy now pay later (BNPL) firm Atome to expand the use of BNPL in Asia.
Blockchain infrastructure platform Paxos picks up $300m, takes its valuation to $2.4bn
New York-based cryptocurrency exchange Paxos raised $300m in a Series D funding round taking its valuation to $2.4bn.
Splitwise reels in $20m to develop its finance and expense sharing app
Providence-based interpersonal finance app for sharing expenses with friends and family Splitwise raised $20m in Series A funding.
Viva Wallet receives Tencent backing as it bags $80m financing
Greek FinTech Viva Wallet has raised $80m in financing to bolster its loans and instant payment services.
Jared Leto and Will Smith back teen banking startup Step in $100m round
Teen payment and banking firm Step raised $100m in Series C funding led by General Catalyst.
Volt unveils new end-to-end cash management service
London-based payments company Volt has introduced Volt Connect – a new cash management service aimed at making the open banking payment process more transparent.
Three ways FinTechs are leaning into PayTech innovation
In the wake of COVID-19, research suggests FinTech companies are experiencing a strong growth spurt giving them the opportunity to innovate like never before.
Kid-friendly banking startup Greenlight banks $260m, almost doubles valuation in six months
Atlanta-based Greenlight, which helps children learn to save with its app and debit card products, secured $260m in a Series D funding round led by Andreessen Horowitz, nearly doubling its valuation in six months.
Ecommerce fraud losses of $20bn expected in 2021, China to be key fraud market
A new study by Juniper Research has highlighted it expects over $20bn in ecommerce losses this year due to online payment fraud – a rise of 18% compared to 2020.
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