Swedbank, ACI Worldwide alliance aids 55% drop in card fraud
A partnership between Swedish bank Swedbank and payments solutions provider ACI Worldwide has contributed to a 55% drop in card fraud.
Soldo rakes in $180m from Temasek-led Series C
UK PayTech firm Soldo has closed a $180m Series C funding round led by investor Temasek.
Klarna expands European presence with Poland launch
Buy now, pay later (BNPL) firm Klarna teamed with H&M to launch its app and its Pay in 30 days BNPL option in the Polish market.
Monese unveils new BaaS platform, enters partnership with Investec
Challenger bank Monese has entered a strategic partnership with Investec Bank following the recent introduction of the former’s banking-as-a-service (BaaS) platform.
Mark Cuban-backed Otto scores $4.5m seed financing
Texas-based Otto has raised $4.5m from a seed funding round led by venture capital firm Uncommon.
Visa deepens Deserve partnership with new strategic investment
Credit card business Deserve has secured an undisclosed strategic investment from Visa as the former seeks to expand access to its credit-card-as-a-service solution.
Nigeria’s OnePipe scores seed round to help banks digitise
Nigeria-based OnePipe, which builds APIs to help banks partner with FinTechs and digital services, has reportedly raised $3.5m in seed funding.
Sokin steps into Brazil with digital wallet solution
Global payments provider Sokin has expanded into Brazil with the launch of its inclusive Global Currency Account and pre-paid debit card.
Finclusion lands funding to fuel African neobank offering
Finclusion Group, a FinTech that aims to boost financial inclusion in sub-saharan Africa, has raised $20m amid a period of growth in startups in the region.
Student banking app Mos lands $40m in Series B raise
Student banking solution Mos has raised $40m from a Series B funding round headed by Tiger Global.
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