On-demand wage app DailyPay picks up $300m credit facility
DailyPay, an on-demand pay platform that helps employees get real-time access to wages, has received $300m in a revolving credit facility from Barclays.
Recurly closes $19.5m funding round led by F-Prime Capital
The California-based subscription billing platform Recurly has closed a new funding round led by F-Prime Capital, the venture capital firm.
Robinhood, CRED-backed teen focused neobank FamPay cashes in $38m from Elevation, Sequoia Capital
Teen-focused fintech startup FamPay raised $38m in a Series A funding round, led by Elevation Capital and major participation from existing investor Sequoia Capital India.
Wrapbook secures $27m in its Series A round
Wrapbook, a financial dashboard for businesses, has secured $27m in its Series A round.
The coronavirus represents a “return to chaos” that could benefit FinTech companies
COVID-19 has plunged financial markets into chaos, but the pandemic also represents both challenges and opportunities for FinTech companies as they adjust to a whole new reality.
MagicCube closes strategic investment from SIF
MagicCube, which offers a software trusted execution environment platform, has closed a strategic investment from Sony Innovation Fund (SIF).
CoAdvantage acquires fellow payroll company Remedy
CoAdvantage Corporation has acquired fellow HR and payroll company Remedy Employer Services.
Micro businesses missing out on £1.7bn annually for missed invoices
Micro-businesses are missing out on between £875m to £1.7bn a year for forgetting to invoice, according to a study from digital banking app Amaiz.
LSE agrees to $27bn deal for Blackstone-backed Refinitiv
London Stock Exchange Group has agreed to buy Refinitiv in a $27bn deal with a Blackstone-led consortium and Thomas Reuters.
Volopa and ClearBank forge strategic partnership to elevate SME banking services
Volopa, the innovative provider of transaction, payment, and expense management solutions, has entered into a strategic partnership with ClearBank, a trailblazer in real-time clearing and embedded banking for financial institutions.
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