AwanTunai secures $27.5m in Series B funding to transform Indonesia’s cash economy
AwanTunai, an Indonesian FinTech startup, has recently made headlines by closing its Series B funding round with a significant $27.5m.
Nexi and Mastercard partner to drive open banking payments in Europe
Nexi, a leading European PayTech, has chosen Mastercard as its strategic partner as it looks to support open banking account-based payments across Europe.
Altro expands credit-building to 47 states
Altro, a groundbreaking credit-building and financial literacy app, has announced a significant expansion, now serving 47 U.S. states.
Deutsche Bahn and Tink partner for enhanced direct debit setups
Deutsche Bahn (DB), the national railway company of Germany, and Tink, a market-leading payment services and data enrichment platform, have announced a direct debit setup partnership.
Over 500 employees to be laid off at Toast in expense cutting drive
In a significant development within the Boston tech scene, Toast, a prominent restaurant payment software provider, has announced a major restructuring plan.
PatientFi secures significant investment to enhance elective healthcare payments
PatientFi, a pioneering platform offering innovative payment and subscription solutions for elective healthcare, has announced a considerable growth equity investment.
Trinity Capital backs Kafene with $15m, fuelling expansion in point-of-sale solutions
Trinity Capital, a notable player in the provision of diversified financial solutions, has invested $15m in growth capital to Kafene.
Snabble teams up with Softpay.io for enhanced mobilePOS experience
Snabble, a pioneer in mobile Point of Sale (POS) technology, announces a strategic partnership with Softpay.io, a renowned SoftPos provider based in the Scandinavian region.
Synchrony amplifies FinTech footprint with latest acquisition
Synchrony, a premier consumer financial services company, and Ally Financial, a leader in digital financial services, today announced a definitive agreement for Synchrony to acquire Ally's point-of-sale financing business.
DailyPay secures $175m in latest funding round, valuation soars
DailyPay, the trailblazer in the on-demand pay sector, has secured a staggering $175m. This financial infusion is a blend of a $75m equity round and a $100m increase in an existing secured credit facility, with the additional financing generously provided by banking giant Citi.
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