PayTech

Card payments platform Marqeta said to near $1.9bn valuation through new Series E round

Payments startup Marqeta is reportedly in advanced talks to raise about $250m of new capital to reach a valuation of just under $1.9bn. The card...

Zeta, Mastercard partner in 5-year deal

Banking unicorn Zeta has formed a five-year global partnership with Mastercard, which will see the pair of firms jointly launch credit cards.

Payment processor SumUp raises €330m in funding

SumUp, a payment processing company, has secured a €330m investment to support its global expansion plans.
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Flexiti grabs $5m for POS financing platform

Canadian sales financing company Flexiti Financial has secured $5m in a Series A round led by Globalive Capital.

Mobile payments company QFPay said to raise $20m in funding

Mobile payments solution QFPay has reportedly raised $20m in funding to support its international expansion plans.

B Capital pushes Mswipe’s Series D round to over $40m

Mswipe, a Mumbai-based provider of point-of-sale solutions, has raised over $40m through its Series D round.

Alibaba opens its first European store as it’s gunning for Amazon

The Chinese e-commerce giant Alibaba has opened its first European store in Madrid.

Everyware closes Series A to expand into new verticals

Text-based payment processing system Everyware has closed its Series A round to help expand its verticals of operation.

UK-founded Transferwise expands into the US with Novo and Stanford Credit Union partnerships

The British FinTech unicorn Transferwise is going across the pond to offer its international payments technology to American customers.
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Tilt takes on Venmo with peer-to-peer payments

Tilt, a group crowdfunding app, is expanding into peer-to-peer payments to meet user demand.

News Stories

85% of banks rely on ESG ratings for financial strategy, reveals CDP report

A recent report from CDP has illuminated the growing centrality of ESG ratings in the strategic frameworks of financial institutions (FIs).
AI

How AI is driving transformation in the financial services space

Since the onset of AI adoption, the financial services market has been rapidly adjusting to new opportunities and challenges posed by the technology. As...
Bank of London

The Bank of London announces leadership overhaul with Stephen Bell as CEO

The Bank of London, a rapidly growing financial institution, today announced a significant leadership transition.

The high cost of cybersecurity breaches on corporate reputation

Cybersecurity breaches pose a grave threat not only to immediate data security but also to the long-term reputation and financial stability.

IFC launches ClimaLab to bolster climate risk management in European FIs

The International Finance Corporation (IFC) has launched ClimaLab, a comprehensive initiative designed to empower European financial institutions in effectively managing climate-related risks.

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