TransferWise enters Asian market with Japanese launch
London-based remittances startup TransferWise is entering the Asian market and launching in Japan. It follows news that the company saw its revenues triple last year but increased it losses.
Money transfer platform EMQ said to bag $6.5m Series A
International money transfer platform EMQ has reportedly netted $6.5m in its Series A funding round.
Adyen’s CEO was surprised at how effective AI was to prevent fraud
Global payments unicorn Adyen is looking into how artificial intelligence can boost its payments offering, highlighting how the tech can boost the industry as a whole.
TransferGo said to raise $10m in funding, alongside launch in 11 more countries
International money remittance service TransferGo has reportedly netted $10m in funding, after its customer base surges past two million.
Rising Bank adds mortgage loans and insurance services to platform
Digital financial institution Rising Bank has expanded into the mortgage sector by offering financial solutions through its digital platform to aid homeowners with home loan options.
Killer Mike’s digital banking platform Greenwood closes $40m Series A round
Digital banking platform aimed at Black and Latino communities, Greenwood raised $40m in a Series A funding round led by Truist Ventures.
How payment companies struck gold among the 51 rounds raised last week
Our weekly roundup of the big FinTech trends from the past seven days is all you need to keep yourself updated on what’s happening in the industry.
Brex-rival Ramp more than doubles valuation to $3.9bn after Thiel’s Founders Fund-led round
FinTech startup that offers corporate cards and software for managing employee expenses Ramp valued at $3.9bn after a $300m funding round led by billionaire Peter Thiel’s Founders Fund.
Swedish bill splitting app Steven exceeds crowdfunding target
Bill splitting app Steven has closed its crowdfunding campaign above its initial target of €600,000.
E9pay, Currencycloud team up to revolutionise global fund transfers for South Korean merchants
South Korean money transfer operator (MTO), E9pay, has forged a strategic partnership with Currencycloud, a company specialised in simplifying business in a multi-currency world.