PayTech

Orum closes first institutional investment to support launch of flagship product

Orum is a new FinTech platform that has the aim of improving the real-time moving of money and has reportedly raised its first institutional investment to support its development.

Spilit is looking to raise $100 to fuel global expansion plans

Buy now, pay later company Splitit is reportedly looking to top up its finances with a new round after Covid-19 changed consumers spending habits.

24 FinTech investment rounds from the last week that could tell you about the...

As COVID-19 continues to wreak havoc in the global economy, FinTech companies have continued to raise capital. Here's what the rounds from the past seven days tell us.

Wirecard scandal costs Commerzbank €175m in bad loans

Commerzbank is the latest company to feel the shock waves of Wirecard's collapse, with the beleaguered firm having had a €200m ($237.51m) credit facility with the German lender.

Apple said to be buying mobile payment company Mobeewave

Technology giant Apple has reportedly acquired mobile payment technology developer Mobeewave to potentially transform iPhones into payment terminals.

Affirm could be the next FinTech to launch its IPO and could reach a...

Buy now, pay later company Affirm may be the next FinTech to be eyeing an initial public offering, which could see it valued at a mammoth $10bn.

Japan-based hey closes a Series E round to support the adoption of its technology

hey, which helps businesses in Japan create online stores and accept cashless payments in-store, has closed a Series E round led by global private equity investor Bain Capital Tech Opportunities.

EDPIA names SIA as newest member of its payments alliance

The European Digital Payments Industry Alliance (EDPIA) has named payments infrastructure developer SIA as the latest member of the group.

ClearBank and Tide team receive £60m grant to support UK SMES

ClearBank and Tide have formed a partnership to help UK SMEs recover from the coronavirus crisis.

Hong Kong-based Neat nets $11m Series A round

FinTech startup Neats has its mind set on upping its cross-border transaction service for SMEs after raising $11m in a series A round.

News Stories

Revolutionizing developer security: Arcjet secures $3.6m led by Andreessen Horowitz

Revolutionizing developer security: Arcjet secures $3.6m led by Andreessen Horowitz

Arcjet, a trailblazer in developer security solutions, has successfully closed a seed funding round of $3.6m.
Ripple Ventures leads $1.8m pre-seed investment in trade credit startup NetNow

Ripple Ventures leads $1.8m pre-seed investment in trade credit startup NetNow

NetNow, a pioneering trade credit automation platform, has successfully secured $1.8m in pre-seed funding.
Finally secures $200m in Series B funding to enhance SMB financial services

Finally secures $200m in Series B funding to enhance SMB financial services

Finally, the AI-powered finance and HR platform, has successfully secured a $200m Series B investment.
MoneyLion and Nova Credit forge strategic partnership to enhance credit underwriting

MoneyLion and Nova Credit forge strategic partnership to enhance credit underwriting

MoneyLion, recognised as a pioneering digital ecosystem for consumer finance, today announced a pivotal partnership with Nova Credit, a leader in credit infrastructure and analytics.
Form3 announces £10m Series C extension funding led by British Patient Capital

Form3 announces £10m Series C extension funding led by British Patient Capital

Form3, a prominent British payment technology firm, has recently secured a £10m investment.

120,000+ FinTech leaders get exclusive industry stories delivered every week

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution