Israeli bank launches digital wallet FibiPay to boost online payments
With an aim to disrupt and digitise the payment sector, the First International Bank of Israel launched new mobile wallet app, FibiPay.
IKEA forays into banking sector with a 49% stake in Ikano Bank
Expanding its business into other areas, Swedish furniture giant IKEA has entered the banking space by acquiring a 49% stake in Ikano Bank.
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.
Latin American success stories and celebrities among the 29 FinTech rounds raised last week
Latin American ventures, Iron Man-backed enterprises and buy now pay later startups among the big winners of the 29 FinTech funding rounds reported on last week.
Point-of-sale payment platform Loanpal nets $800m funding round
Point-of-sale payment platform Loanpal has bagged more than $800m in a funding round led by NEA and WestCap Group.
Payments platform PPRO reaches unicorn status after funding round
Local payments platform-as-a-service PPRO has hit the unicorn status, after a $180m funding round puts its valuation to more than $1bn.
Jared Leto joins investment round of credit card company X1 Card
X1 Card, which claims to be the smartest credit card available, has scored $12m in its funding round, which was led by Spark Capital.
The 38 FinTech funding rounds raised last week highlight the success of payments companies...
While the payments industry has reason to celebrate, last week also proved a boon for 38 FinTech companies closing investment rounds. The FinTech industry returned...
Affirm’s stocks soar on first day of trading and pave way for massive growth...
Affirm began trading on the Nasdaq on Wednesday with its shares jumping by more than 100% in the first day, laying the groundwork for huge growth in the buy now pay later space.
Move over Klarna, Checkout.com just became Europe’s most valuable FinTech
Payments solutions provider Checkout.com has closed a $450m Series C funding round at a $15bn valuation, making it Europe's most valuable venture-backed FinTech.
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