Remitly bags $85m round at a $1.5bn valuation
Remitly, the provider of remittances and financial services for immigrants, has secured $85m to fund the further development of its offerings.
Form3 scores $33m in its latest funding round
Cloud-native payment technology developer Form3 has scored $33m in funding, which will support the next growth stage of the company.
Hungarian startup PeasyPay vying Spanish and British expansion
PeasyPay, a bieometric-based payment company, is looking to expand its reach from its native Hungry to Spain, Slovenia and the UK.
Stealth mode FinTech Uni reportedly closes seed round
Uni, a credit card company which is currently in stealth mode, has reportedly raised $18.5m in a funding round.
The FCA announce new Covid-19 guidelines for credit companies may be incoming
On Saturday, prime minister Boris Johnson announced that England would go into a second national lockdown. On the back of that, the to City watchdog has asked credit businesses to prepare for new guidelines.
PayPal Ventures invests £9m into Modulr
Payments provider Modulr has added another £9m to its coffers on the back of an investment from PayPal Ventures, which will fund the scaling of the business.
Mastercard and Visa pull out of Pornhub after abuse allegations
Visa and Mastercard have cut ties with Pornhub after both payment providers investigated allegations of child sexual abuse.
Jared Leto joins investment round of credit card company X1 Card
X1 Card, which claims to be the smartest credit card available, has scored $12m in its funding round, which was led by Spark Capital.
What do these 36 FinTech rounds raised in the last week reveal about the...
WealthTech and cybersecurity enterprises were among the FinTech businesses that closed investment rounds in the last seven days. Companies operating in the WealthTech, cybersecurity, RegTech,...
Neobank Rewire raises $20m to ease cross-border banking for migrants
Israeli FinTech Rewire closed a $20m Series B funding round led by crowdfunding platform OurCrowd to expand its cross-border international banking service for migrant workers.