PayTech

PayPal acquires Hyperwallet in $400m cash deal

Digital payments giant PayPal has acquired Hyperwallet, a global payout solution, in a $400m cash deal.

Global Processing Services receives £44m from PE firm Dunedin

UK-headquartered payments processor Global Processing Services has received a £44m investment from private equity firm Dunedin.

Brex launches corporate card, bags Series B funding round

Corporate card for startups developer Brex has raised its Series B round, alongside the launch of its first card.

Viva Republica closes $40m funding from GIC, Sequoia China

South Korean-based Viva Republica has reportedly secured $40m in funding from GIC and Sequoia China.

Mint Payments raises $6.6m through share sale, equity injection

Australia-based Mint Payments has raised $6.6m in its oversubscribed share purchase plan and funding round.

SIX Payments extends 5-year deal with Bancontact

SIX Payment Services has extended its partnership with Bancontact, continuing a deal which has lasted five years.

Austrian FinTech cashpresso reels in €3.5m

Austrian FinTech startup cashpresso has raised €3.5m to expand its e-commerce consumer financing service.

Quovo extends Series B funding

Quovo, a data platform providing connectivity to consumer financial accounts, has extended its Series B round, bringing the firm's total funding to $20m.

Adyen’s IPO price soars, valuing FinTech company at $14bn

Shares in Dutch FinTech company Adyen have surged more than 70 per cent at the start of trading, following its initial public offering.

Luge looks to back FinTech & AI solutions with $75m fund

Luge Capital is looking for early-stage FinTech companies and artificial intelligence (AI) solutions applied to financial services following its $75m financing.

News Stories

InsurTech leader Kalepa is set to leverage its award-winning Copilot underwriting platform to enhance risk analysis, critical submission management capabilities, and document ingestion for Munich Re Specialty – North America.

Munich Re Specialty – North America to deploy Kalepa’s Copilot underwriting platform

InsurTech leader Kalepa is set to leverage its award-winning Copilot underwriting platform to enhance risk analysis, critical submission management capabilities, and document ingestion for Munich Re Specialty – North America.
Exabeam

LogRhythm and Exabeam merge to dominate AI-driven security operations market

LogRhythm and Exabeam, a global leader in AI-driven security operations, have announced their intention to merge.
Agora

Real estate tech firm Agora secures $34m Series B funding

Real estate investment management solutions provider, Agora, has announced the completion of its $34m Series B funding round.

Yendo secures $165m to expand vehicle-backed credit services

Yendo, a Dallas, TX-based provider of a vehicle-secured credit card, has successfully raised $165m in debt financing.
CLARA Analytics, a prominent provider of artificial intelligence (AI) technology for insurance claims optimisation, has announced two significant appointments.

CLARA Analytics expands its insurance roster

CLARA Analytics, a prominent provider of artificial intelligence (AI) technology for insurance claims optimisation, has announced two significant appointments.

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