Mobile Payments

Mobile payment market to be worth $4.57trn by 2023

The ubiquity of smartphones and internet access is expected to push the value of the mobile payment market to be worth $4.57trn by 2023, according to new research.

Plug and Play reveals the names of the eight startups selected for its sixth...

Plug and Play's European FinTech-focused accelerator has revealed the names of the eight startups selected for its sixth batch.

DoJ files suit to block Visa’s acquisition of Plaid

Visa's $5.3bn acquisition of Plaid was supposed to be one of the biggest FinTech deals this year, but the US Department of Justice seems dead set against it and has filed a suit to stop the deal.

Move over Klarna, Checkout.com just became Europe’s most valuable FinTech

Payments solutions provider Checkout.com has closed a $450m Series C funding round at a $15bn valuation, making it Europe's most valuable venture-backed FinTech.

Healthcare payments startup PayGround closes seed round

PayGround, which helps ease bill payments for healthcare, has closed its seed round on $4m, as it looks to continue its growth.

SumUp collaborates with ZSL on new contactless fundraising tech

UK-headquartered FinTech SumUp has partnered with the Zoological Society of London (ZSL) to develop a digital in-house fundraising technology to make contactless donations.

Vivid Money bags $60m Series B to expand across Europe

Berlin-based challenger bank Vivid Money has raised $60m from a Series B funding round led by Greenoaks.

J.P Morgan partners with ACI to bolster European payments capabilities

J.P Morgan has collaborated with digital payments enterprise ACI Worldwide to help the latter provide its merchants with a more enhanced payment experience.

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.

What last week’s 31 FinTech investments means for the PayTech sector

Out of the 33 FinTech funding rounds we reported on last week, PayTech companies and lending enterprises were the clear winners.

News Stories

Monzo

Monzo secures $190m investment and hits $610m funding milestone

UK-based digital bank Monzo has successfully secured an additional $190m in funding, bringing its total funding to an impressive $610m.

AI-powered Panax raises $15m to reshape cash flow management

Panax, an innovative FinTech, has successfully raised $15 million in its latest funding round. The investment was led by Team8 and TLV Partners.
Innovate

AI investment solutions innovator Stratiphy secures £1m grant

Stratiphy, a technology firm specializing in investment strategy building, has secured a grant of £1 million from Innovate UK for its consortium.
Unum Group, a prominent provider of financial protection benefits, has launched Unum Pet Insurance to round out its financial benefits coverage for employees and their families.

Unum Group unveils new pet insurance offering

Unum Group, a prominent provider of financial protection benefits, has launched Unum Pet Insurance to respond to a growing demand for comprehensive coverage extending beyond traditional employee benefits.
London-based InsurTech firm Eleos has successfully raised $4m in a seed funding round, as it eyes an expansion into the US market. 

London-based InsurTech Eleos raises $4m to propel US expansion plans

London-based InsurTech firm Eleos has successfully raised $4m in a seed funding round, as it eyes an expansion into the US market. 

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