PayTech

report

Vast majority of firms struggle with cloud security, report finds

A report by Forrester has found that up to 75% of respondents struggle with securing their cloud environments.
Federal Reserve

Federal Reserve to launch real-time payments service in summer 2023

The Federal Reserve has accelerated the timing of the launch of FedNow, its real-time payments service, to the summer of 2023. ?
Iceland

Iceland supermarket rolls out interest-free BNPL product

UK supermarket chain Iceland is introducing an interest-free buy now pay later (BNPL) product for use in its shops due to the cost-of-living crisis.
Paysend

Paysend links with Currencycloud to expand business payment capabilities

Paysend, a UK-based FinTech, has teamed with Currencycloud to expand the capabilities of its Paysend Business solution.
Highline

Payments FinTech Highline lands $13m Series A

Highline Technologies, a payments FinTech that unlocks payroll-linked lending and billpay, has raised $13m from a Series A funding round.

Faster payments volume climbs by 23% between 2020 and 2021

A report by UK Finance Payments Markets has found faster payments volume shot up by 23% to 3.6bn from 2020 to 2021.
Ripple brings remittance service to Brazil's Travelex Bank

Ripple brings remittance service to Brazil’s Travelex Bank

Ripple, a blockchain and cryptocurrency solution, has announced the launch of its On-Demand Liquidity (ODL) service in Brazil with Travelex Bank.
FOMOPay-seriesA-funding-paytech-singapore-digital

Singapore’s FOMO Pay bags $13m

FOMO Pay, a Singapore-headquartered major payment institution has raised $13m in Series A funding.

Currencycloud teams with FTFT Labs to launch remittance app

Currencycloud has teamed with Future FinTech Labs to launch Tempo, a remittance app, to offer US-based immigrants a simpler way to send money.
The Chainsmokers join funding of newly launched PayTech Pomelo

The Chainsmokers join funding of newly launched PayTech Pomelo

PayTech startup Pomelo, which aims to improve money transfers, has reportedly raised $20m in seed funding, alongside a $50m warehouse facility.

News Stories

Almost $1bn raised across all FinTech funding rounds this week

Up to $998m was raised across all the funding rounds reported on by FinTech Global this week, slightly missing out on hitting $1bn. The biggest...
How Theta Lake is revolutionising compliance search with unified search, discovery, and replay

How Theta Lake is revolutionising compliance search with unified search, discovery, and replay

Responding to governance events such as audits, investigations, and e-discovery has become increasingly complex with the adoption of unified communications and collaboration (UCC) technologies.
Pouch Insurance unleashes multilingual AI tool

Pouch Insurance unleashes multilingual AI tool

Pouch Insurance, leveraging the capabilities of the INSTANDA no-code insurance platform, has introduced a pioneering AI assistant named 'Goodie'.
Athena Secures AU$25m Series B to transform home ownership in Australia

Athena Secures AU$25m Series B to transform home ownership in Australia

Athena, a fintech company, has successfully secured AU$25m in a Series B funding round.
Lendistry secures $5m from City National Bank to empower underserved California entrepreneurs

Lendistry secures $5m from City National Bank to empower underserved California entrepreneurs

City National Bank, a major financial institution, has announced a strategic $5m impact investment in Lendistry, a minority-led fintech firm.

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