Balance pulls in $56m for the “fourth industrial revolution”
Balance, a B2B e-commerce payments company, has raised $56m in Series B funding in a round led by Forerunner Ventures.
Berlin’s spend management app Moss hits $573m valuation
Moss, a Berlin-based spend management platform, has reached a €500m ($573m) valuation after the close of its Series B round on €75m.
Finastra survey finds financial industry see bright future for BaaS
A survey by FinTech giant Finastra has found banking-as-a-service (BaaS) is set to make a substantial impact on financial services over the next 12 months.
Akulaku mulls going public
Indonesia-based digital finance platform Akulaku is considering a merger with special purpose acquisition company (SPAC) Catcha Investment Corp, according to a report by PYMNTS.
PayTech Finexio continues momentum with Series B raise
Finexio, the B2B accounts payables (AP) Payments-as-a-Service company, has completed the first close of its $30m Series B funding round.
Holvi cards suspended because of the Wirecard scandal
Holvi, the digital banking platform for freelancers, has become the latest FinTech firm to be swept up in the Wirecard scandal.
FCA warns about a fake Financial Services Register site
If you've stumbled across the website thefca.net, then be warned as it is not the home of the UK's to financial markets watchdog.
55 Italian banks will use SIA’s new blockchain infrastructure to boost their management process...
FinTech SIA has launched a new blockchain infrastructure to power the Italian Banking Association’s Spunta Banca DLT application, which allows the reconciliation of reciprocal accounts among Italian banks through the use of distributed ledger technology.
Rapyd to acquire payments firm Valitor for $100m
US payments network Rapyd is set to purchase Icelandic company Valitor from Arion Bank in a $100m deal.
Anchor closes seed, takes on automated billing
Autonomous billing platform Anchor has completed a $15m seed-funding round as it comes out of stealth. The round was led by Rapyd Ventures, the new...