PayTech

South Korea’s Toss raises $80m

Viva Republic, the company behind South Korean payments app Toss has raised $80m in a funding round valuing the business at $1.2bn. Toss' peer-to-peer money transfer...

Ant Financial co-leads RMB1bn round for Chinese logistics, FinTech provider Keking

Alibaba's Ant Financial has co-led an RMB1bn ($144m) Series C financing round for Chinese logistics and FinTech business Keking.

FinTech-focused Cross River Bank gets $100m KKR-led funding round

FinTech-focused banking-as-a-service provider Cross River Bank has picked up a $100m funding round led by private equity giant KKR.

Equistone acquires cross-border payments company Small World

Private equity firm Equistone Partners Europe has acquired international payment service provider Small World Financial Services, for an undisclosed amount.
fintech-news

WeTravel completes $2m seed funding round

Payment platform for travel agencies WeTravel has completed a $2m Seed funding round.

InstaReM holds $20m first close for Series C

Asia-based cross-border payments company InstaReM has held the first close of its $45m Series C round.

Online payment fraud to reach $48bn by 2023

Losses from online payment fraud is expected to reach $48bn by 2023, more than double that projected for 2018.

Story Ventures seeking up to $40m for data-driven startups fund

Story Ventures is out eyeing up to $40m for a fund using data to transform business areas ranging from fintech and healthcare to business services and security.

Form3 secures funding from Draper to support growth in UK and Europe

Payments-as-a-service startup Form3 has received an undisclosed investment from Draper Esprit.

Commercial driver cashless card developer DKV Mobility Services gets PE major backing

Cashless card developer DKV Mobility Services Group has been bought by private equity major CVC Capital Partners.

News Stories

Visa reinvents account-to-account payments with enhanced consumer protections

Visa reinvents account-to-account payments with enhanced consumer protections

Visa has unveiled a new initiative, Visa A2A, set to transform the landscape of account-to-account (A2A) payments by enhancing consumer control and protection.
Sedric AI clinches $18.5m to pioneer AI compliance solutions in FinTech

Sedric AI clinches $18.5m to pioneer AI compliance solutions in FinTech

Sedric AI, a leading innovator in AI-driven compliance solutions for financial institutions, announced today that it has successfully secured $18.5m in Series A funding.
European software firm SecureFlag bags significant funding from Copilot Capital

European software firm SecureFlag bags significant funding from Copilot Capital

Copilot Capital, a pioneering private equity firm dedicated to nurturing the growth of European software companies, has announced a significant majority investment in SecureFlag, a dynamic software company known for its cutting-edge cybersecurity training solutions.
Fido raises $30m to boost financial inclusion in East and Southern Africa

Fido raises $30m to boost financial inclusion in East and Southern Africa

Ghana's fintech innovator, Fido, recently bolstered its financial capacity with a significant $30m Series B funding round.
Upsolve secures $4.2m Gates Foundation grant to launch financial counselling AI for low-income Americans

Upsolve secures $4.2m Gates Foundation grant to launch financial counselling AI for low-income Americans

Upsolve, renowned as the nation's top nonprofit financial education platform, has recently secured a substantial grant to further its mission.

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