Y Combinator-backed Cashfree lands funding from SBI for its payment platform

Digital payments and banking technology company Cashfree received an undisclosed funding amount from the State Bank of India (SBI) at a valuation of around $200m.
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Yapstone nets $71m in Series C led by Premji Invest

Global online and mobile payments solution YapStone has netted $71m in its Series C led by Premji Invest.

Visa signs on four new partners to help FinTech companies issue plastic and digital...

Episode Six, Euronet Worldwide, Global Processing Service (GPS) and M2P Solutions (YAP) have been handpicked by Visa to help create new opportunities for Asian FinTech companies.

Bambora partners with Payworks to launch new integrated POS solution

Bambora has partnered with POS developer Payworks to launch Bambora Connect, an integrated and international solution for POS providers and their merchants.

Colombian PayTech Bold scores Series B

Bold, which helps Colombian businesses accept electronic payments, has collected $55m in its Series B funding round.

Banks fear open-banking and tech titans as non-cash payments soar around the world

The world is in the midst of a cashless payment boom. However, many banks will not take the steps to embrace open banking and fear the looming threat of big tech companies’ competition.

Slice launches $27 credit limit cards to tap 200 million users in India

Bengaluru-based consumer credit startup slice unveiled a card that offers a credit limit from Rs 2,000 ($27) onwards, to capture 200 million Indians who struggle with online transactions.
Atoa closes pre-seed to give small businesses alternative debit card payments

Atoa closes pre-seed to give small businesses alternative debit card payments

?UK fintech Atoa Payments is the new startup looking to give small businesses a viable alternative to debit card payments. It has raised $2.2m for its pre-seed round.

Nordic-based OpenSolution acquires Finnpos for undisclosed amount

Nordic payment provider OpenSolution has acquired Finnish electronic payment solution Finnpos, for an undisclosed fee.

BharatPe valued at $900m after $108m Series D round

Accelerating its journey to becoming a unicorn, Indian QR-based payment firm BharatPe has reportedly raised $ 108m in a Series D equity round.

News Stories

CSI

CSI taps Hawk AI to boost fraud and AML product offering

CSI, a provider of end-to-end FinTech and RegTech solutions, has partnered with Hawk AI to deliver its latest WatchDOG products.
Web3 protocol Polytrade secures seed funding

Web3 protocol Polytrade secures seed funding

Polytrade, a global trade focused Web3 protocol, has secured $3.8m in its seed funding round.
FCA

FCA delays sustainability disclosure requirements introduction

The FCA has revealed it will push back the introduction of its sustainability disclosure requirements for asset managers.
Corvus-insurance-names-new-president-cyber-underwriter

Cyber underwriter Corvus welcomes new president

Corvus Insurance, a cyber underwriter powered by proprietary AI-driven cyber risk platform, has named Prashanth Gangu as president of the company.
Why RegTech is a rising need for BNPL providers

Why RegTech is a rising need for BNPL providers

Last month, the UK government released a draft legislation that will crack down on buy now, pay later firms, which had previously enjoyed little regulatory hurdles. However, times are changing.

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