Viva Republica captures $23.7m to expand its services
South Korean mobile payments firm Viva Republica has landed $23.7m for its Series B funding round. The company is the developer behind peer-to-peer mobile transfer app Toss.
Meet the 16 startups selected for Accenture’s new FinTech Innovation Lab London cohort
Accenture has picked 16 new promising startups from such varied disciplines as InsurTech, RegTech, open data and capital markets to take part of its UK-based accelerator programme.
FSS, QRails partner to improve payment authentication
Global payments technology company FSS (Financial Software and Systems) has teamed with QRails to improve authentication in payments.
FinTech startup Cookies brings P2P payments to Germany
Cookies is launching a peer-to-peer payments solution in Germany where most people still rely on traditional banking.
Zip in Sezzle take-over for BNPL expansion
Australia-based BNPL provider Zip has entered into a definitive agreement to acquire rival Sezzle.
Japan’s Kyash collects $45m in its Series C round
Japanese digital bank Kyash has collected $45m in its Series C round, coming less than a year after it closed its Series B on $14m.
Newly launched Ramp collects $25m in funding round
Credit card startup Ramp has reportedly collected $25m in a funding round after successfully launching into the market.
IKEA forays into banking sector with a 49% stake in Ikano Bank
Expanding its business into other areas, Swedish furniture giant IKEA has entered the banking space by acquiring a 49% stake in Ikano Bank.
Duetti raises $32m for music catalog sales & management
Duetti, a music financing startup, aims to revolutionize the music catalog sales, management, and marketing industry. The company was founded by Lior Tibon, former COO of TIDAL, and Christopher Nolte, former Business Development executive at Apple Music.
MODIFI powers ahead with $100m facility from HSBC
MODIFI, a global business payments firm specialising in cross-border B2B transactions, has announced a new funding round. This fast-growing FinTech enterprise, established in 2018, is known for providing instant payment solutions to suppliers and offering payment deferment options to buyers for up to 180 days.