Wirecard’s CEO leaves company after search for missing €1.9bn hits a dead end
The Wirecard scandal sweeping across the European FinTech space intensified over the weekend with CEO Markus Braun leaving the company as the board says the missing €1.9bn ($2.1bn) "do not exist."
Zenus Bank launches first global Visa Infinite Debit Card
Zenus Bank, a digital bank making US bank accounts available internationally, has become the first bank to launch a Visa Infinite Debit Card to a global audience.
Fair Square Financial collects $100m funding from Orogen Group
Fair Square Financial, which operates the Ollo credit card, has received $100m in funding from The Orogen Group.
Hey Alexa, tell me more about how Amazon Pay has joined PayPal in Paymentus’...
Paymentus, the payments company, has announced a new partnership with Amazon Pay, which will see the giant join its growing payment network alongside PayPal.
Square is set to acquire website developer Weebly in deal worth $365m
Payment processor Square is set to acquire Weebly, a website developer, in a deal worth around $365m.
Real estate finance firm Lev bags $10m in a seed round
NYC-based online commercial real estate financing transaction platform, Lev raised $10m in seed funding.
Flexiti picks up another $80m in debt financing from Credit Suisse
Flexiti, a POS consumer financing solution, has received an $80m mezzanine debt facility from Credit Suisse Asset Management.
PayPoint launches Payment Initiation Services Provider (PISP) solution
Digital payments expert, PayPoint, has become the first Open Banking provider to offer bank to bank transfers as a Payment Initiation Service Provider (PISP).
Hitachi launch UPI ATM for cardless withdraw
Hitachi recently unveiled its Money Spot UPI ATM, which allows customers to make cardless withdrawals using a United Payments Interface app.
Italy-based headless commerce platform Commerce Layer lands $16m
Commerce Layer closed a $16m Series B funding round led by Coatue Management, with participation from existing investors Benchmark and Mango Capital.
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