Japanese BNPL firm Paidy inks $120m in Series D funding
Japanese buy-now-pay-later provider Paidy completed a $120m Series D funding round.
FinTech firm Cornerstone makes debut on AIM on the back of £2.7m round
Cornerstone FS PLC joined the AIM, London’s junior stock market hot off the heels of its £2.7m round.
The UK increases the contactless payments cap to £100
The UK’s Financial Conduct Authority has again upped the limit of contactless payments, with the cap on single transactions rising from £45 to £100.
Stripe and Max Levchin back Balance’s $5.5m seed raise
B2B payments FinTech Balance has secured $5.5m in seed capital from Stripe, Tal Morgenstern of Lightspeed, and Max Levchin through his SciFi VC.
The UK could up contactless payment limit to £100 post Brexit
The UK could be increasing the contactless payments limit from £45 to £100, as one of its first moves away from the European Union.
Klarna rival Butter reels in £15.8m to boost its BNPL shopping app
London-based FinTech platform Butter has closed a £15.8m funding round to accelerate the rollout of its open-banking based buy-now-pay-later (BNPL) shopping app alongside developing its travel offering.
Cambridge-based FinTech Monavate bags £5m to simplify payments
Cambridge-based payment solutions company Monavate secured £5m in seed funding.
B2B finance firm Rupifi banks $4.1m in funding led by Quona Capital
Buy-now-pay-flexibly platform for micro, small and medium enterprises, Rupifi raised $4.1m in a pre-Series A round.
Cannabis payment platform Leaf Trade scores $5.5m in a Series A round
Chicago-based cannabis wholesale marketplace and payments platform, Leaf Trade closed a $5.5m Series A funding to ease payments in the sector.
What Dataminr’s $475m round among the 33 investments in the FinTech sector last week...
Out of the 33 FinTech funding rounds we reported on last week, cybersecurity companies and cryptocurrency-based enterprises were the clear winners.
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