Neobank Nemo reportedly nabs funding from Mumbai Angels to empower Indian SMEs
Early-stage investors’ platform Mumbai Angels Network has reportedly invested an undisclosed amount in cloud-based neobank Nemo.
Clara eyes LatAm expansion following $30m Series A
Mexican card and spend management company Clara has closed a $30m Series A round led by DST Global Partners.
Sidekick Partners and Scribd founder back LemonEdge in $2.5m round
London-based FinTech startup that helps firms in the private equity and financial services industries digitise complex accounting LemonEdge landed $2.5m in new capital.
Lydia teams with Cashbee to establish savings accounts offering
French mobile payments company Lydia has partnered with compatriot FinTech Cashbee to add saving accounts to its platform.
Wealth Dynamix joins Mayor’s International Business Programme to support international growth
Client lifecycle management solution developer Wealth Dynamix has joined the latest accelerator cohort of the Mayor’s International Business Programme.
Nium said to raise $80.4m for its ongoing Series D
Financial infrastructure platform Nium has reportedly secured $80.4m in its ongoing Series D round.
Finance concierge startup Zeni banks $34m to help firms manage finances in real-time
Silicon Valley AI-powered finance concierge startup Zeni raised $34m in Series B funding after witnessing a 550% revenue growth year-over-year.
Digital wallets to drive £11bn in online spending by 2026
A recent report by payment service provider Emerchantpay has discovered digital wallets will account for £11bn in online consumer spending by 2026.
BNPL market gets new big player as Mastercard launches Installments
Mastercard has entered the buy now, pay later (BNPL) market after it unveiled flexible payment platform Installments in the US, the UK and Australia.
Asian market consolidation on the mind of XanPool as it nets $27m Series A
Payment infrastructure builder XanPool has raised $27m from a Series A funding round led by Valar Ventures.