PayTech

FinTech decacorn Brex continues to get bigger

Brex, a business banking platform, has reportedly reached the highly covered decacorn status after a $300m investment puts its valuation at $12.3bn.

iAxept launches new online payment solution to help internet retailers comply with strict EU...

The EU’s new strong customer authentication (SCA) rules have put more pressure on online retailers to ensure shoppers are who they say they are. Now, a UK-based FinTech might have a solution.

18 FinTech funding rounds you missed last week

Despite coronavirus fears, the last week saw a number of FinTech companies raise money.

Checkout.com becomes the Libra Association’s newest member as the crypto project is seemingly gaining...

Having lost some of its founding members when the public scrutiny got fierce, the Libra Association has now added Checkout.com to its membership as things seem to be moving faster for the cryptocurrency project.

The digital payments market could balloon to be worth $12.4trn by 2025

Smartphones, digital payment cards and point-of-sale terminals are expected to drive the growth of the value of the global mobile payments market from $3.71trn in 2019 to $12.4trn by 2025.

TerraPay partners with Visa to develop payment solutions that drive financial inclusion

TerraPay, the payments infrastructure company, and Visa have formed a strategic partnership to develop and deliver payment solutions to drive financial inclusion.

American Express, Visa, Mastercard and Discover to roll out Click to Pay standard...

American Express, Visa, Mastercard and Discover have already signed up 10,000 US merchants since launching the Click to Pay standard in the US in 2019 and is now expanding the scheme across the world.

EDPIA names SIA as newest member of its payments alliance

The European Digital Payments Industry Alliance (EDPIA) has named payments infrastructure developer SIA as the latest member of the group.

Jack Ma’s Ant Financial files for what could be the biggest IPO ever

Chinese tech powerhouse Ant Financial has filed for what could be the biggest initial public offering ever, which could see the company raise $30bn.

CashKaro secures $10m in Series B round

India-based e-commerce and cashback company CashKaro has secured $10m in a series B funding round.

News Stories

Hypernative secures $16m in Series A to enhance Web3 security solutions

Hypernative secures $16m in Series A to enhance Web3 security solutions

Hypernative, a leader in Web3 security solutions, has successfully secured a $16m Series A funding round.
The Investment Association (IA) opens its 8th FinTech accelerator

The Investment Association (IA) opens its 8th FinTech accelerator

The Investment Association (IA) has officially launched the application phase for the eighth iteration of its esteemed Engine Innovator Programme, a pivotal accelerator designed to spur FinTech advancements within the investment management sphere.
Revolut escalates global presence with new BillPay for businesses, revenues hit $500m

Revolut escalates global presence with new BillPay for businesses, revenues hit $500m

Revolut Business has announced that its global revenues now exceed $500m (£380m), alongside monthly transaction volumes of £17bn.
Palm secures $6.1m seed funding to enhance enterprise treasury management

Palm secures $6.1m seed funding to enhance enterprise treasury management

Palm, a financial technology firm based in Sweden and the Netherlands, has recently announced a significant milestone in its journey.
MidWestOne Bank enhances digital customer onboarding with Temenos SaaS on AWS

MidWestOne Bank enhances digital customer onboarding with Temenos SaaS on AWS

MidWestOne Bank, headquartered in Iowa and servicing around 140,000 customers across four states, has successfully implemented Temenos Digital Onboarding as Software as a Service (SaaS) on Amazon Web Services (AWS).

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