PayTech

Pleo collects $16m in its Series A led by Kinnevik

Payment card provider Pleo has collected $16m in its Series A round led by Stockholm venture firm Kinnevik.

Tradeshift raises $250m Series B, valuing the company at $1.1bn

Supply chain payments platform Tradeshift has raised $250m in its Series E funding round, which values the company at $1.1bn.

Azimo said to close $20m Series C led by Rakuten

Money transfer platform Azimo has reportedly closed a $20m Series C funding round led by Rakuten Capital.

Adyen said to be eyeing IPO on Amsterdam stock exchange

Payment processor Adyen is reportedly looking to list on the Amsterdam stock exchange in June.

Ant Financial said to raise $10bn at a $150bn valuation

Ant Financial, the payments affiliate of China’s Alibaba Group, has reportedly been valued at $150bn following a $10bn funding round.

PaySend beefs up compliance and fraud prevention with 4Stop’s tech

FinTech company PaySend has beefed up its fraud prevention processes by partnering with 4Stop.

Walmart said to acquire 77% stake in Flipkart through $16bn deal

US retail corporation Walmart is reportedly acquiring a 77 per cent stake in e-commerce marketplace Flipkart in a $16bn deal.

Tango Card nets $35m to support its international expansion plans

Tango Card, a digital rewards card company, has netted $35m in its latest equity round from FTV Capital.

Money transfer platform TransferGo bags $10m Series B

International money transfer platform TransferGo has collected $10m in its Series B funding round.

Registria completes undisclosed funding from Housatonic Partners

Registria, a revenue-as a-service platform, has completed an undisclosed round of funding from Housatonic Partners.

News Stories

Revolut escalates global presence with new BillPay for businesses, revenues hit $500m

Revolut escalates global presence with new BillPay for businesses, revenues hit $500m

Revolut Business has announced that its global revenues now exceed $500m (£380m), alongside monthly transaction volumes of £17bn.
Palm secures $6.1m seed funding to enhance enterprise treasury management

Palm secures $6.1m seed funding to enhance enterprise treasury management

Palm, a financial technology firm based in Sweden and the Netherlands, has recently announced a significant milestone in its journey.
MidWestOne Bank enhances digital customer onboarding with Temenos SaaS on AWS

MidWestOne Bank enhances digital customer onboarding with Temenos SaaS on AWS

MidWestOne Bank, headquartered in Iowa and servicing around 140,000 customers across four states, has successfully implemented Temenos Digital Onboarding as Software as a Service (SaaS) on Amazon Web Services (AWS).
Consumer Duty

One year on: How has Consumer Duty impacted the industry?

On July 31 last year, the long-awaited Consumer Duty legislation came into effect in the UK, following months of preparation and industry attention.
Six ways tech is revolutionising M&A for insurers

Six ways tech is revolutionising M&A for insurers

Mergers and acquisitions (M&A) have long been pivotal strategies for growth within the insurance sector, enabling firms to expand their market presence, enter new territories, and secure competitive advantages.

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