PayTech

Divvy secures $200m in third funding round in less than a year

Business payment and expense management platform Divvy has closed a $200m Series C invesment round led by New Enterprise Associates. NEA was joined by exiting investors...
Parafin secures $93m in debt facility to bolster small business finance

Parafin secures $93m in debt facility to bolster small business finance

Parafin, an innovator in embedded finance, has successfully closed a $93m debt facility with Jefferies and Trinity Capital, with the potential to increase funding to $187m.

Paysend said to raise £8.5m in Series B from venture firms and crowdfunders

Paysend, an international remittance platform has reportedly raised £8.5m in its Series B round, which was made up of venture firms and crowdfunders.
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Anovia Payments acquired by Waud Capital

Mid-market PE investor Waud Capital has backed Texas-based Anovia Payments.

Check out the four African FinTech startups incubator MEST just invested in

The pan-African incubator MEST is one of the continent’s biggest tech hubs. It just unveiled its latest cohort of startups.

Klarna acquires Close Brothers Retail Finance to expand UK presence

Payment solution developer Klarna Bank has acquired point-of-sale finance business Close Brothers Retail Finance, from UK merchant banking group Close Brothers.

Digital receipt startup Slyp close $4m funding round led by big banks ANZ and...

Slyp, an Australian enterprise specializing in digital recipes, have completed a $4m investment round.

Mexican FinTech company UnDosTres scores $30m round

Mexico-based payments platform UnDosTres has reportedly collected $30m in its Series B funding round, which was led by IDC Ventures.

China-based XTransfer collects $15m in its Series B round

XTransfer, a cross-border financial services for China-based foreign trade enterprises, has collected $15m in its Series B round.
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BitPersa brings total funding to $10m with latest Series A

Africa-based blockchain payments platform BitPersa has secured a Series A investment led by Greycroft.

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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