Global PayTech investment sees lowest funding levels since 2017
PayTech companies globally raised over $11.8bn across 376 transactions last year
SumUp scores €750m in funding to support acquisition plans
Global payments service provider SumUp has closed a €750m funding round, to support its acquisition plans.
Why crypto startups and InsurTechs flourished among 31 FinTech investment rounds last week
Cryptocurrency-focused enterprises, cybersecurity firms, challenger banks and InsurTechs were among the big winners of the 31 FinTech funding rounds reported last week.
Starling Bank launches debit cards made from recycled plastic
UK-based digital bank Starling Bank has introduced debit cards made of recycled plastic in a bid to boost its sustainability goals.
Stripe’s valuation soars to $95bn after $600m fundraise
Online payments technology provider Stripe raised a new $600m funding round that values the company at $95bn, nearly tripling from $36bn since April 2020.
FinTech provider Autobooks draws $25m investment led by MissionOG
Small business payment and accounting services platform Autobooks raised $25m in Series B financing.
Revolut Business launches Expenses to help firms with company spending
Revolut Business has launched Expenses, a tool designed to help business owners stay organised and in better control of company spending.
Nigerian FinTech firm Flutterwave lands unicorn status after $170m funding
Africa-focused FinTech company Flutterwave has raised $170m in a Series C round pushing the company’s valuation at more than $1bn.
Capital on Tap launches credit card for small businesses in the US
European digital B2B lender Capital on Tap has partnered with WebBank to launch a business credit card for SMBs in the United States.
Cedar hits $3.2bn valuation after Series D close
Cedar, a financial engagement platform aimed at patients, has hit a $3.2bn valuation following the close of a $200m Series D.
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