Ecospend joins PIMFA WealthTech with Pay-by-Bank solution
UK-based open banking provider Ecospend has joined PIMFA WealthTech, the digital marketplace and industry network to boost collaboration and innovation within wealth management.
Boubyan unveils mobile-only Islamic bank in UK market
Kuwaiti-based Boubyan Bank has introduced a digital-centric, Sharia-compliant bank in the UK.
Zumo surpasses crowdfunding target as it looks to capitalise on Scotland’s growing FinTech sector
Scottish FinTech platform Zumo has stormed past the target of its crowdfunding campaign to reach £1.5m.
Advent extends payments reach to Argentina with Prisma deal at $1.42bn valuation
Global buyout house Advent International has bought a 51 per cent stake in Argentinian payments business Prisma Medios de Pago in a deal valuing the company at about $1.42bn.
Cloud-native payment technology provider Form3 raises debt
Cloud-native payment technology provider Form3 has closed a venture debt facility on €23m to support its rapid global expansion.
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.
Boost Payment Solutions closes its Series C round on $22m
B2B payments optimisation platform Boost Payment Solutions has closed its Series C round on $22m to bolster its presence in a number of verticals.
dopay collects $18m in its Series A funding round
dopay, a B2B2C payments platform aimed at unbanked workers, has scored $18m in its Series A, as it capitalises on rising demand for cashless payroll.
Kema, UAE FinTech startup, revolutionises B2B payments with $2m pre-seed fund
Kema, a pioneering FinTech platform based in the UAE, has announced a successful $2m pre-seed funding round.
Why SumUp and Stripe took centrestage among the 41 FinTech investment rounds last week
Of the 41 FinTech investment deals last week, companies in three sectors, in particular, proved to be exceptionally successful as the list of FinTech unicorns continues to grow.
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