Tink bolsters open banking offering with FinTecSystems purchase
Swedish open banking startup Tink is set to acquire German firm FinTecSystems for an undisclosed amount.
Y Combinator-backed Cashfree lands funding from SBI for its payment platform
Digital payments and banking technology company Cashfree received an undisclosed funding amount from the State Bank of India (SBI) at a valuation of around $200m.
Mastercard, Bilt team to unveil new credit card to support renters
Mastercard has collaborated with Bilt Rewards to launch Bilt Mastercard - a credit card that offers no fees on rent payments.
Digital banking use to exceed half of global population in 2026, study finds
A study by Juniper Research has found around 53% of the global population will access digital banking services in 2026.
BNPL player Zilch secures US market foothold with NepFin purchase
UK buy now, pay later (BNPL) company Zilch has entered an agreement to acquire FinTech startup NepFin as it prepares to enter the US market.
PayTech Sokin joins Arsenal Football Club as money transfer partner
UK-based global payments provider Sokin has teamed with Arsenal FC to become its new official money transfer partner.
PayTech Anomaly nets $17m across seed and Series A rounds
Precision payments platform Anomaly has netted $17m in seed and Series A funding as it looks to bolster its market footprint.
Thoma Bravo to acquire PayTech Bottomline in $2.6bn deal
Private equity firm Thoma Bravo has entered a deal to acquire business payments company Bottomline Technologies in an all-cash transaction worth $2.6bn.
Zilch partners with Experian for BNPL credit reporting
UK-based Buy Now, Pay Later (BNPL) FinTech Zilch has partnered with Experian, a global information services company, to begin reciprocal reporting of BNPL credit information.
UK FinTech giant Revolut records first full year of profitability
UK FinTech giant Revolut has recorded its first full year of profitability, after it generated £100.3m adjusted EBITDA and £26.3m in profit for 2021.