Railsbank and Wirecard Card Solutions sign term sheet agreement
Railsbank's acquisition of Wirecard's UK business has entered a new phase with the two parties having signed a term sheet agreement.
Klarna’s beef with the Swedish government takes another turn with H&M skirting new e-commerce...
Klarna's losses grew sevenfold in the first six months of 2020 and now its ongoing conflict with the Swedish government has taken another turn.
Wirecard officially winds down its UK-regulated business
Following the collapse of Wirecard in June, the German FinTech giant is now officially winding down its regulated services in the UK.
ECB warns that big tech entering the FinTech space could lead to security risks
The European Central Bank has warned that Europe's failure to produce big tech companies of its own to compete with American ones could leave the EU exposed and reliant on foreign providers as big tech moves into the FinTech sector.
Klarna’s CEO hints of upcoming IPO as company suffers sevenfold increase in losses in...
Klarna's CEO has hinted that it might soon go public despite the Swedish payment unicorn's losses having jumped to $59.8m in the first six months of 2020, a sevenfold increase from the same period in 2019.
Finix extends its Series B to reach a total of $75m
Payments infrastructure company Finix has extended its Series B round to reach $75m, after closing an additional $30m to the round.
Standard Bank picks up 35% stake in South African FinTech TradeSafe Escrow
TradeSafe Escrow, an online payment holding company, has reportedly received an investment from South African financial institution Standard Bank.
Jack Ma’s Ant Financial files for what could be the biggest IPO ever
Chinese tech powerhouse Ant Financial has filed for what could be the biggest initial public offering ever, which could see the company raise $30bn.
Afterpay to enter southern European e-commerce market via Pagantis acquisition
Buy now, pay later company Afterpay will enter Europe through an an agreement with NBQ Corporate SLU to acquire Pagantis SAU and PMT Technology SLU.
Law firm calls for Wirecard investors to sign up for class action lawsuit
Faruqi & Faruqi, a leading national securities law firm, reminds American Wirecard investors that they have until September 8 to sign up to be part of a class action lawsuit against the collapsed FinTech.
© FinTech Global © Copyright 2024. All rights reserved.
