PayTech

Navro, formerly known as Paytrix, has secured $14m in its latest funding round and has concurrently announced that the Central Bank of Ireland has authorised its EMI licence.  

Navro secures EMI licence and raises $14m to revolutionise global payments

Navro, formerly known as Paytrix, has secured $14m in its latest funding round and has concurrently announced that the Central Bank of Ireland has authorised its EMI licence.  
Nexi, a leading European PayTech, has chosen Mastercard as its strategic partner as it looks to support open banking account-based payments across Europe. 

Nexi and Mastercard partner to drive open banking payments in Europe

Nexi, a leading European PayTech, has chosen Mastercard as its strategic partner as it looks to support open banking account-based payments across Europe. 
Mastercard and VoPay have announced a strategic partnership to enhance money movement in Canada and internationally.

Mastercard and VoPay partner to revolutionise money movement in Canada

Mastercard and VoPay have announced a strategic partnership to enhance money movement in Canada and internationally. The partnership is driven by the growing demand for...
Topps Tiles partners with GoCardless to enhance Trade Pay service

Topps Tiles partners with GoCardless to enhance Trade Pay service

Topps Tiles, the UK’s leading tile specialist, has formed a strategic partnership with GoCardless, a prominent bank payments company, to enhance its Trade Pay service. This collaboration marks a significant step in Topps Tiles' efforts to deepen its engagement with the trade market.
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WeSwap picks up £2.4m in crowdfunding campaign

Currency exchange platform WeSwap has picked up £2.4m in an equity crowdfunding round on Seedrs.

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.
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Square beats Wall Street expectations, reports 41% revenue jump

Mobile payments company Square beat Wall Street’s expectations to report a 41% year-on-year jump in revenue for the second quarter of 2016.
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MasterCard launches payments service for Chinese students

MasterCard is making it easier for Chinese users to pay for tuition and other costs in the US through a new partnership with online payments service Plastiq.
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Softbank looks to sell Snapdeal’s FreeCharge for less than 50%

Japanese web giant and investor SoftBank is reportedly in talks to sell Snapdeal-owned mobile wallet FreeCharge for as little as $150m to $200m.
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Swedbank boosts digital payments offering with PayEx acquisition

Nordic-Baltic banking group Swedbank is acquiring payments service PayEx to expand its digital solutions. The financial terms of the deal are undisclosed.

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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