Toqio scores €8m in seed funding to help grow its team to over...
Toqio, which claims to help businesses build financial products, has scored €8m in its seed round.
Lightico snares $15m in Capital One-backed Series B
US customer interaction firm Lightico has secured $15m from a Series B funding round led by Capital One Ventures.
Gen Z and Millennial spending share to grow 48% by 2030, Afterpay report finds
A quarterly report by the buy now, pay later (BNPL) business Afterpay has estimated that spending share by Millennials and Gen Z will grow to almost 50% by 2030.
China set to introduce digital yuan by early 2022
The People’s Bank of China (PBOC) has revealed it aims to fully launch the e-CNY digital currency by February 2022.
Banking software developer finova launches from stealth alongside latest acquisition
Banking solution developer finova has acquired BEP, a cloud-based mortgage and savings software developer.
Income management platform Able backed by YouTube co-founder in seed raise
San Jose-based income management platform Able has secured $3.2m in a seed financing round.
United Fintech in third take-over of the year with FairXchange
United Fintech, which enables banks and financial institutions to accelerate their digitalisation efforts, has acquired a 25% stake in London-based FairXchange for an undisclosed...
Holistic spend management software DiviPay nabs $20m
Australia-based DiviPay, which offers an all-in-one spend management solution for small-to-medium sized businesses, has bagged $20m in Series A funding.
French-FinTech Spendesk bags extends Series C
Spendesk, which styles itself as a seven-in-one spend management solution for SMBs, has collected €100m in an extension to its Series C round.
Online SMEs could save £19k a month in transaction fees through open banking
Research by Yolt has found that the adoption of open banking could save SME online retailers over £19,000 a month in transaction fees alone.
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