Nigerian challenger bank Kuda launches in the UK

Nigerian challenger bank Kuda launches in the UK

Kuda, a Nigerian challenger bank, has launched in the UK as part of its major global expansion efforts.
MoneyGram backs financial super-app Jingle Pay

MoneyGram backs financial super-app Jingle Pay

 UAE-based financial super-app Jingle Pay has received a minority investment from P2P payment platform MoneyGram International, alongside a new partnership.
India-neobank-Vance-seed-round-hummingbird-ventures-global-financial-services-payments

Hummingbird Ventures backs neobank Vance in seed round

India-based global neo-banking platform Vance has raised $5.8m in a seed round led by Hummingbird Ventures.
International digital remittances volume to exceed 2 billion by 2027

International digital remittances volume to exceed 2 billion by 2027

The total volume of international digital remittances will exceed two billion in 2027, up from just over 1.1 billion in 2022, according to a report from Juniper Research.
Anti-fraud startup Sardine makes a splash with Series B close

Anti-fraud startup Sardine makes a splash with Series B close

Sardine, a provider of fraud, compliance and instant settlement solutions, has closed its Series B round on $51.5m in its Series B.
Higlobe

International payment transfer firm Higlobe lands $14m

Higlobe, a solution for international payment transfers, has scored $14m in funding to expand its technology and launch into new markets.
Social-payments-platform-CHEQ-collects-$8m-seed-paytech

Social payments platform CHEQ collects $8m seed

CHEQ, which identifies itself as the world’s first social payments platform, has raised $8m in its seed funding round.
Wayapay launches remittance app for immigrants from Africa

Wayapay launches remittance app for immigrants from Africa

Wayapay, a remittance service tailored to the needs of immigrants from Africa, has reportedly launched its full-service digital bank and money transfer app.
Payall-$10m-seed-round-led-by-Andreessen-Horowitz

Andreessen Horowitz backs cross-border PayTech Payall

Payall, a bank processor for cross-border payments and international money transfers, has closed a $10m seed round led by Andreessen Horowitz (a16z).
Majority

Majority bags $37.5m to expand banking offering to US migrants

Majority, a mobile bank for migrants, has scored $37.5m in a Series B funding round headed by Valar Ventures.

News Stories

Muinmos

Danish RegTech Muinmos appoints new commercial director

Muinmos has named Jens Woeste, an industry veteran of capital markets, as the company’s new commercial director.
Israel-based-bondIT-secures-$14m

Israel-based bondIT secures $14m

Israel-based bondIT is an investment technology developer for investment firms and has secured a $14m investment led by BNY Mellon.
Starling-Bank-releases-virtual-cards

Starling Bank releases virtual cards

UK-based challenger bank Starling Bank has released new virtual cards for Personal Current Account customers. It has also updated its Spending Insights.
Italy

Bank of Italy pushes back on government’s pro-cash policies

The Bank of Italy, the country’s central bank, has shot back at the new Italian government over its plans to promote cash over digital payments.
Membrane

Membrane Finance nets €2m in seed financing

Finnish FinTech Membrane Finance, a company building a European alternative to the USD stablecoin, has secured its e-money licence and raised €2m.

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