Remittances

BNPL giant Klarna launches interest-free shopping app which can be used at any online...

Banking, payments and shopping service Klarna launched its Shopping app, enabling users to pay in any online shop directly through the Klarna app, eliminating the need to use a credit card.

M-DAQ receives $147m investment from private equity firm

M-DAQ, a Singapore-based currency tracer, has received a SGD 200m ($147m) investment from Asia-dedicated private equity firm Affinity Equity Partners.

Currencycloud, Lemonade link to streamline African remittance payments

Cross-border payments firm Currencycloud has teamed with Lemonade Finance to provide immigrants and companies with a simpler experience for sending money home to Africa.
uk-fintech-giant-revolut-records-first-full-year-of-profitability

UK FinTech giant Revolut records first full year of profitability

UK FinTech giant Revolut has recorded its first full year of profitability, after it generated £100.3m adjusted EBITDA and £26.3m in profit for 2021.
NMI, a global leader in embedded payments, has introduced the ID TECH VP3350 mobile card reader, expanding the range of devices supported on its gateway.

NMI unveils new mobile card reader to enable seamless payments for partners

NMI, a global leader in embedded payments, has introduced the ID TECH VP3350 mobile card reader, expanding the range of devices supported on its gateway.

Digital X picks up $1.2m and signs deal for blockchain remittances

Australian blockchain-based software developer Digital X has raised AUS$1.62m ($1.2m) in post-IPO equity and inked a new deal with remittances company UniTeller.

Azimo said to close $20m Series C led by Rakuten

Money transfer platform Azimo has reportedly closed a $20m Series C funding round led by Rakuten Capital.

Visa acquires Plaid in new $5.3bn deal

Payment giant Visa has announced that it has bought Plaid, a scaleup helping customers securely connect their financial information to apps.

Global 66 closes seed round on $4.6m as it looks to enter Canadian market

Chile-based Global 66, an international money transfer platform, has reportedly closed its seed round on $4.3m.

Plastiq and Ramp team up to enable businesses make large payments via its corporate...

B2B intelligent payment solutions provider Plastiq and American corporate card Ramp are collaborating to help companies pay for every kind of corporate cost with the Ramp card.

News Stories

A staggering $1bn tranche secured by Wiz headlined this week's FinTech funding rounds, which topped out at a mammoth $1.448.8bn.

Staggering $1bn Wiz deal headlines this week’s FinTech funding rounds

A staggering $1bn tranche secured by Wiz headlined this week's FinTech funding rounds, which topped out at a mammoth $1.448.8bn.
Access Bank Group and Mastercard unite to revolutionise cross-border payments in Africa

Access Bank Group and Mastercard unite to revolutionise cross-border payments in Africa

Access Bank Group, a leading multinational bank, has partnered with Mastercard, a global technology company in the payment industry, to facilitate cross-border payments for African businesses and consumers.
Wells Fargo introduces the Signify Business Cash Mastercard

Wells Fargo introduces the Signify Business Cash Mastercard

Wells Fargo & Company today announced the introduction of the Signify Business Cash World Elite Mastercard, a new business credit card featuring top-tier cash rewards.
Tuum and TransactionLink unite to revolutionise FinTech onboarding

Tuum and TransactionLink unite to revolutionise FinTech onboarding

Tuum, a leader in next-generation core banking services, has teamed up with TransactionLink, which helps automate and orchestrate KYB/KYC processes.
Basware expands financial sccuracy with AP matching acquisition

Basware expands financial sccuracy with AP matching acquisition

Basware, a pioneering entity in AP automation and invoice processing, has recently acquired AP Matching, enhancing its position in the financial technology landscape.

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