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Square picks up struggling Yik Yak’s tech team for $3m

Payments company Square is taking struggling social app Yik Yak’s development team off its hands for $3m.
fintech-news

SpotOn Transact collects $20m in round led by its co-founders

Payment processor SpotOn Transact has collected $20m in a funding round led by its co-founders Matt and Zach Hyman.

Contactless payment provider ToneTag said to bag $1.33m

Contactless payments provider ToneTag has reportedly picked up a $1.33m funding round.

Payments solutions provider TSYS buys iMobile3

Global payments solution provider TSYS has purchased iMobile3, a provider of private-labelled, small business solutions within the payments industry.

Vybe bags $2.9m to launch teen challenger bank

French FinTech startup Vybe has raised $2.9m from a funding round to build a challenger bank service for teenagers.

Russi-based TCS acquires stake in Kassir.ru

Russia-based TCS Group Holdings has acquired a stake in Kassir.ru, a ticket sales company.

Lanistar finally secures FCA approval following earlier setback

UK FinTech Lanistar has secured Financial Conduct Authority (FCA) approval to operate as an Electronic Money Directive (EMD) agent of payments business Modulr.

Gobbill, Cointree partner to enable bill payments with cryptos

Automated bill payment solution Gobbill has partnered with cryptocurrency exchange Cointreee to support bill payments through cryptocurrency.
Embedded payments pioneer Rainforest garners $11.75m from notable investors

Embedded payments pioneer Rainforest garners $11.75m from notable investors

Rainforest, a Payments-as-a-Service (PaaS) platform, has recently confirmed the successful completion of an $11.75m seed funding round.

Lightyear acquires loyalty card developer Augeo in $140m deal

New York-based private equity firm Lightyear Capital has acquired Augeo FI, a loyalty program provider for banks and credit unions.

News Stories

AuthenticID's new Smart ReAuth battles identity fraud

AuthenticID’s new Smart ReAuth battles identity fraud

AuthenticID, a leader in identity verification and fraud prevention, has recently upgraded its Smart ReAuth platform.
Countingup and Sleek unveil Tax Pro: Revolutionising tax compliance for limited companies

Countingup and Sleek unveil Tax Pro: Revolutionising tax compliance for limited companies

Countingup, a prominent UK business account and financial app, has joined forces with the accountancy service Sleek to roll out a new tax solution aimed at limited company owners.
Pine Labs and Visa unite to accelerate digital payments in Bharat with new soundbox device

Pine Labs and Visa unite to accelerate digital payments in Bharat with new soundbox...

Pine Labs and Visa have partnered to launch the Pine Labs Mini, a versatile payment device aimed at boosting digital payments in Bharat.
The FinTech sector celebrated a solid week of funding, as it secured almost $750m over the past seven days.

Almost $750m raised on solid week for FinTech funding

The FinTech sector celebrated a solid week of funding, as it secured almost $750m over the past seven days.
Permata and JCB unveil the Ultimate Card for elite travel and dining experiences

Permata and JCB unveil the Ultimate Card for elite travel and dining experiences

JCB International Indonesia, a subsidiary of the global payment brand JCB International Co., and Indonesian financial giant PT Bank Permata have collaborated to introduce the Permata JCB Ultimate Card.

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