Mastercard and Visa pull out of Pornhub after abuse allegations
Visa and Mastercard have cut ties with Pornhub after both payment providers investigated allegations of child sexual abuse.
Five new financial institutions join Tech Nation’s FinTech pledge
Atom bank, Co-operative Bank, Nationwide Building Society, TSB and Virgin Money have joined Tech Nation's Fintech Pledge to accelerate the development of the UK's FinTech industry.
Payaut said to raise €2.6m in its latest equity investment
Netherlands-based automated payments company Payaut has reportedly closed yet another funding round this year, bagging €2.6m in seed capital.
LatAm-focused remittance platform Valiu secures $5.25m in seed round
Money exchange platform Valiu has scored $5.25m in its seed round, as it continues its ambition of financially empowering people in Latin America.
What do these 28 FinTech rounds from last week reveal about the industry
Last week week saw 28 FinTechs close investment deals. Three sectors in particular proved especially successful.
Israel’s Entrée Capital seals $125m for debut later-stage fundraise
Israel-based early-stage investor Entrée Capital has hauled in $125m for the final close of its first Opportunity Fund targeting later-stage investments.
APEXX Global reportedly secures $8m in its Series A
Payments service provider APEXX Global has reportedly closed an $8m Series A round which brings the company’s total equity raised to $12m.
Balderton Capital backs UK FinTech Primer in £3.2m seed round
Payment stack consolidation startup Primer has bagged £3.2m in a seed round led by Balderton Capital, the investor behind companies like GoCardless, Revolut and Darktrace.
Fisdom has closed a $7m funding round led by PayU
WealthTech startup Fisdom has bagged $7m in an investment round led by payment technology firm PayU.
F1 Payments recapitalised by York Capital Management alongside growth investment
Fintech F1 Payments has picked up a strategic recapitalisation and growth investment from private investment house York Capital Management.
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