16 million UK residents unaware of debt risk with BNPL
Approximately 16 million UK residents remain oblivious to the financial risks associated with 'Buy Now Pay Later' (BNPL) services, says research from responsible lender,...
Saudi Arabia’s FinTech horizon broadens with Mastercard-Geidea collaboration
Mastercard, a global pioneer in payment solutions, has joined hands with Geidea, the leading FinTech innovator in Saudi Arabia. The primary aim of this partnership is to broaden the access of consumers and businesses to world-class card and payment solutions.
Canadian FinTech Nuvei and Plaid broaden horizons in eCommerce verticals
Canadian FinTech firm, Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI), and Plaid, an influential data network, have announced the extension of their existing partnership, aiming to transform the eCommerce landscape by optimising bank-based payment experiences.
MODIFI powers ahead with $100m facility from HSBC
MODIFI, a global business payments firm specialising in cross-border B2B transactions, has announced a new funding round. This fast-growing FinTech enterprise, established in 2018, is known for providing instant payment solutions to suppliers and offering payment deferment options to buyers for up to 180 days.
Thunes secures $72m in series C round bolstered by Visa, EDBI, and Endeavor Catalyst
Global B2B payment platform, Thunes, has successfully augmented its series C funding round. Established with a mission to tackle the challenges of international money transfers, Thunes is developing a new-generation payment system designed to be secure, instantaneous, and transparent.
Payhawk launches pivotal cash flow guide for VC-funded Founders & CFOs
Payhawk, a rapidly expanding spend management platform, headquartered in London, is renowned for its ability to blend company cards, reimbursable expenses, and accounts payable into a seamless solution. Renowned investors such as Lightspeed Venture Partners, Greenoaks, QED Investors, Earlybird Digital East, and Eleven Ventures support Payhawk.
Revolut Business launches Apple’s Tap to Pay feature in the UK
Revolut, a renowned global financial superapp, with a customer base exceeding 30m worldwide, has made a game-changing announcement.
Stripe and Tulip shake hands to streamline retail payment systems
Tulip, the trailblazer in cloud-based retail solutions, and Stripe, a vanguard in the realm of business-focused financial infrastructure platforms, have announced a strategic alliance.
Innovation Endeavors leads seed round, bolstering Trunk Tools with $9.9m
Trunk Tools, a financial technology (FinTech) start-up specialising in the construction industry, has launched its operations with a bang. The New York-based firm aims to address the persistent skilled labour shortage in the sector by enabling faster payment processing for construction workers.
Claro Wellbeing collaborates with CloudPay to enrich financial literacy
Claro Wellbeing, a provider of financial education and wellbeing, and CloudPay, an expert in global pay solutions, have initiated a partnership aimed at delivering financial literacy and wellbeing through the CloudPay NOW app.