PayTech

Remitly, the provider of remittances and financial services for immigrants, has secured $85m to fund the further development of its offerings.

Cloud-native payment technology developer Form3 has scored $33m in funding, which will support the next growth stage of the company.

PeasyPay, a bieometric-based payment company, is looking to expand its reach from its native Hungry to Spain, Slovenia and the UK.

Uni, a credit card company which is currently in stealth mode, has reportedly raised $18.5m in a funding round.

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.

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.

Visa and Mastercard have cut ties with Pornhub after both payment providers investigated allegations of child sexual abuse.

X1 Card, which claims to be the smartest credit card available, has scored $12m in its funding round, which was led by Spark Capital.

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,...

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.