Mr Yum eyes a bigger piece of the PayTech Pie following Series A
Australian mobile payments firm Mr Yum has snared £48m from a Series A funding round led by Tiger Global.
27 FinTech rounds from the last week you can’t afford to miss
Our weekly roundup of the big FinTech trends from the past seven days is all you need to keep yourself updated on what's happening in the industry.
Revolut reveals 62% spike in transfers to Muslim countries during Eid al-Adha
Revolut has revealed that around 62% more money was transferred into Muslim countries during Eid al-Adha, the religion’s largest holiday.
Ecommerce fraud losses of $20bn expected in 2021, China to be key fraud market
A new study by Juniper Research has highlighted it expects over $20bn in ecommerce losses this year due to online payment fraud – a rise of 18% compared to 2020.
Growish picks up ?400,000 for group payments platform
Milan-based group payments platform Growish has picked up ?400,000 in a fresh round of funding. The company says the funding will be used to expand in its native Italian market and launch overseas.
UK contactless payment limit set to climb to £100 by October 2021
People in the UK will be able to make contactless payments up to a new limit of £100 from the 15th of October 2021.
Qube Money teams up with Galileo Financial Technologies
Banking solutions provider Qube Money has signed a partnership with Galileo Financial Technologies to deliver a banking solution that boosts customers' financial awareness.
Varo Bank launches free instant payments service
Varo Bank, the first nationally chartered consumer techbank in the USA, has announced the launch of a free instant payments service.
WalletFi closes further $265k to its seed round
Payment management platform WalletFi has closed a further $265,000 to its seed funding round bringing the total raised to over $300,000.
Banking startup Kernolab inks $1m in pre-seed funding
Lithuanian FinTech Kernolab has raised $1m in a pre-seed funding round headed by venture capital firm Lighthouse Ventures.
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