Challenger bank Penta closes Series B round with €7.5m totalling funding amount to €30m
German challenger bank Penta has topped up its Series B adding an additional €7.5m injection, therefore bringing its total amount raised to €30m.
Extend snares $40m from March Capital-led Series B
Digital payments infrastructure platform Extend has secured $40m from a Series B fundraising round.
Tinkoff launches first Russian digital buy now pay later platform
Moscow-based digital bank Tinkoff has introduced the Dolyame.ru the country first buy now pay later (BNPL) platform.
Chargebee gains unicorn status following $125m Series G
US-based subscription management firm Chargebee has raised $125m from a Series G funding round, raising its overall valuation to $1.4bn.
Whispir closes $11.7m investment to support rapid expansion in Asia
Australia-based Whispir has closed an $11.75m round of funding to support its expansion in Asia.Contributions to the round came from Telstra Ventures, NSI Ventures,...
ASA clinches strategic investment from Travis Oliphant’s Quansight Initiate
ASA, an embedded FinTech platform that facilitates a secure and compliant connection between financial institutions and customer-facing FinTechs, has announced a new strategic partnership and investment.
FollowAnalytics raises $11m Series B
Mobile Marketing Automation solutions FollowAnalytics has raised an $11m Series B round.
Ecommerce fraud losses of $20bn expected in 2021, China to be key fraud market
A new study by Juniper Research has highlighted it expects over $20bn in ecommerce losses this year due to online payment fraud – a rise of 18% compared to 2020.
Marqeta joins Temenos MarketPlace to extend access to card issuing platform
Card issuing platform Marqueta has joined Temenos MarketPlace, an ecosystem of FinTech solutions for banks run by banking software firm Temenos.
Deloitte study claims just 34% of banks have implemented digital account opening
A new study from Deloitte claims that 34% of banks have implemented digital account opening as a result of the coronavirus pandemic.