Digital payments are becoming more popular ECB research shows
Cash may still be king, but new research from the European Central Bank shows digital payments are becoming more popular.
LimePay bags $21m in a pre-IPO round
Buy now, pay later service provider LimePay has reportedly bagged $21m in a pre-IPO funding round.
“Extortion scheme”: Afterpay and Klarna engage in war of words
Klarna and Afterpay are butting heads as market competition is getting fierce across the globe.
Sequoia Capital’s Michael Moritz named new Klarna chairman as company prepares for IPO
Klarna has hinted that it's preparing to go public soon and now the founder is saying the new chairman will be a huge help in that.
Payments software developer Pomelo Pay scores £2.1m in funding
Digital payments startup Pomelo Pay has bagged £2.1m in its seed funding round, which was led by Force Over Mass.
TransferWise granted licence to operate in Australia
International transfer company TransferWise has secured a licence to operate in Australia from the Prudential Regulatory Authority.
STC Pay said to become Saudi Arabia’s first unicorn after close of new round
Saudi Arabia-based STC Pay, digital payment solution developer, has reportedly reached a $1.3bn valuation after the close of a $200m investment.
Cybersecurity, InsurTech and neobank ventures led the 29 FinTech rounds raised last week
Out of the 29 FinTech funding rounds we reported on last week, cybersecurity companies, InsurTechs and challenger banks were among the clear winners.
Newly founded Primer closes another funding round this year
Primer, a low-code payments infrastructure and online checkout API, has scored ?14m in its Series A funding round, led by Accel.
A third of consumers feel unable to spend as much on Christmas this year
A third of UK adults have admitted they feel unable to spend as much on Christmas this year, according to a study from Yolt.
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