PayTech

Latvia-based neobank Zelf closes pre-seed round

Zelf, a neobank based in Latvia that enables users to send money through a messenger, has reportedly closed its pre-seed round on $2m.

Challenger bank Stori raises $32m to boost Mexico’s digital financial services

Digital bank Stori closed a $32m Series B funding round to fuel the credit card payment industry for masses in Mexico.

Ex-footballer Rio Ferdinand buys stake in FinTech Sokin

Ex-footballer Rio Ferdinand has bought a stake in PayTech company Sokin as the startup eyes launch later this year.

Sequoia-backed Finix surpasses $100m in total funding, aims to boost diverse investors

Payments infrastructure company helping vertical SaaS companies, Finix has surpassed $100m in total funding.

FCA censures Premier FX for breaking payment services rules

A City watchdog has publicly censured collapsed payments company Premier FX for failing to safeguard its customers’ money and for misuse of its payment accounts under the Payments Services Regulations.

Razorpay seeks to double its valuation to $2bn via plans to secure up to...

FinTech startup Razorpay is reportedly in talks with existing investor Singapore investment fund GIC to raise circa $150m to $200m in a new financing round.

Credit card company Petal raises $126m in debt

Credit card company Petal has received a $126m debt facility to help it extend the reach if its services.

TreeCard secures $5.12m seed round

TreeCard has raised $5.12m to continue the development of its wooden Mastercard payment card and its tree-planting scheme.

Mobile payments platform RecargaPay secures $70m to smoothen digital financing

Brazil-based mobile payments company RecargaPay has raised $70m with the aim to further develop its payment platform.

Bottlepay hits ?51m valuation after seed round close

Real-time global payments system Bottlepay has raised ?11m in its seed round to continue its aggressive hiring streak.

News Stories

Fora Financial boosts liquidity with a record $126.9m asset-backed securitization

Fora Financial boosts liquidity with a record $126.9m asset-backed securitization

Fora Financial, a prominent FinTech company providing financial solutions to small and medium-sized businesses (SMBs), announced today the closure of its third and largest asset-backed securitization (ABS) valued at $126.9m.
Novatus Global bolsters RegTech prowess with $40m investment

Novatus Global bolsters RegTech prowess with $40m investment

Novatus Global, a London-based leader in regulatory technology, has announced a significant growth investment of $40m from Silversmith Capital Partners, a growth equity firm located in Boston.
Ledgebrook's innovative push in InsurTech garners $17m Series B funding

Ledgebrook’s innovative push in InsurTech garners $17m Series B funding

Ledgebrook, the rapidly growing InsurTech firm, has successfully closed a $17m Series B funding round.
Sedgwick strengthens global capabilities with strategic investment from Altas Partners

Sedgwick strengthens global capabilities with strategic investment from Altas Partners

Sedgwick, a global leader in claims management, loss adjusting, and technology-driven solutions, has formed a strategic partnership with Altas Partners, a prominent North American private equity firm.
Nirvana secures $24.2m in Series A to enhance health insurance transparency

Nirvana secures $24.2m in Series A to enhance health insurance transparency

Nirvana, a pioneering health tech company, today announced a significant boost to its mission of bringing transparency to health insurance processes.

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