WEX closes $400m investment from private equity firm Warburg Pincus
WEX, which builds simplified payment systems for businesses, has closed a $400m investment from private equity firm Warburg Pincus.
Stealth mode FinTech Uni reportedly closes seed round
Uni, a credit card company which is currently in stealth mode, has reportedly raised $18.5m in a funding round.
Affirm’s stocks soar on first day of trading and pave way for massive growth...
Affirm began trading on the Nasdaq on Wednesday with its shares jumping by more than 100% in the first day, laying the groundwork for huge growth in the buy now pay later space.
Stripe’s valuation soars to $95bn after $600m fundraise
Online payments technology provider Stripe raised a new $600m funding round that values the company at $95bn, nearly tripling from $36bn since April 2020.
Chargebee gains unicorn status following $125m Series G
US-based subscription management firm Chargebee has raised $125m from a Series G funding round, raising its overall valuation to $1.4bn.
Tink bolsters open banking offering with FinTecSystems purchase
Swedish open banking startup Tink is set to acquire German firm FinTecSystems for an undisclosed amount.
Timex teams with FinTechs to unveil range of contactless payment watches
Watchmaker Timex has partnered with Visa, Tappy and J.P Morgan subsidiary Chase to launch watch straps that can be used to conduct contactless payments.
Weavr bags £7m funding to speed up internalisation, product development
Banking and payments software startup Weavr has secured £7m in a seed funding round led by VC firm Headline.
CoreChain reels in $1.25m pre-seed to expand network offering
Business-to-business (B2B) payments network CoreChain Technologies has secured $1.25m from a pre-seed funding round.
Amazon to offer BNPL services to its US market through Affirm alliance
Global retail giant Amazon has partnered with buy now, pay later (BNPL) company Affirm to provide its US customers with a BNPL option at the checkout.