Cybersecurity and InsurTech startups behind many of the 27 rounds raised last week
Of the 26 FinTech companies to raise rounds in the last seven days, cybersecurity and InsurTech companies enjoyed the most cash injections.
Standard Chartered teams up with Airtel Africa to strengthen the adoption of mobile financial...
British multinational bank Standard Chartered has inked a deal with telecom company Airtel Africa to boost financial inclusion across Africa.
Square is testing short-term small loans through its Cash App.
Payment solutions provider Square is trialling a small and short-term loan feature in its Cash App.
Barclaycard launches new service to redefine supply chain payments for businesses
Barclaycard launches new service Barclaycard Payment Intelligence that taps into data to help businesses of all sizes better understand and nurture their supply chains.
Axle Payments said to raise $27.7m in a round of debt and equity
Axle Payments has reportedly bagged $27.7m in a mixture of debt and equity to increase its market spread.
Paymob secures $3.5m in funding to help bolster financial inclusion in Egypt
Egyptian digital payments company Paymob has secured $3.5m in its funding round, which was led by Global Ventures and Dutch Entrepreneurial Development Bank FMO.
Payments company Vitesse nets £6.6m in its Series A
Cross-border B2B payments company Vitesse has netted £6.6m in its Series A round , which was led by Octopus Ventures.
German anti-money laundering regulator failed to share warnings about Wirecard
The German Financial Intelligence Unit only sent a fracture of warnings about Wirecard's finances to the police and the public prosecutor's office.
Healthcare payments startup Sift Healthcare secures $2.8m in funding
Sift Healthcare, an AI-powered software designed to improve healthcare payments, has secured $2.8m in a new funding round.
Klarna introduces Google Pay for safer in-store payments during Covid-19
Payment service unicorn Klarna is introducing Google Pay for in-store purchases in the US as the country tackles the pandemic.