FinTech Sezzle raises $55m in post-IPO round
Australian payment instalments company Sezzle has reportedly secured $55m in a funding round from new and existing CHESS Depositary Holders (CDI).
City watchdog hires accountancy firm BDO to assist with Wirecard monitoring
The Financial Conduct Authority (FCA) has tapped a team at accountancy firm BDO to help it monitor beleaguered FinTech Wirecard following the huge scandal.
Virtual card provider Privacy.com closes Series A on $10.2m
US-based virtual card platform Privacy.com has scored $10.2m in its Series A round, which was led by Teamworthy Ventures.
Barclaycard inks partnership with FreedomPay
Payment company Barclaycard is looking to provide a seamless end-to-end payment experience to its customers through its new partnership with FreedomPay.
Payment splitting app goDutch scores $1.7m in its seed round
India-based goDutch, a FinTech app helping to split payments, has scored $1.7m in its seed round.
MoneyLion launches mobile banking service RoarMoney
The digital finance platform MoneyLion has launched RoarMoney, a new demand deposit account powered by MetaBank and featuring Mastercard as the exclusive card network.
Di Capital Partners has bought a $200m stake in TransferWise
American hedge fund D1 Capital Partners has bought a $200m share in UK-based FinTech unicorn TransferWise, which sees its valuation jump past the $5bn (£4bn) mark.
Nium expands its Visa card issuance service in Europe
Nium is set to go global. Barely a month after it became a Visa card issuer in Australia, it has now taken the same partnership to Europe.
TradeDepot secures $10m to expand its financial services
Nigerian TradeDepot has reportedly netted $10m in a new funding round co-led by Partech, the International Finance Corp., Women Entrepreneurs Finance Initiative and MSA Capital.
Five things FinTechs must know about Gen Z customers
Gen Z has presented FinTechs with plenty of opportunities, but failing to understand important aspects of this group could prevent businesses from capitalising on them.
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