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.