Carbon Bank unveils BNPL app
Carbon Bank, a credit-led Pan-African digital bank has launched a new buy now, pay later (BNPL) web app.
Molten Ventures reduces Revolut valuation by 40%
Molten Ventures, a prominent venture capital firm, has marked down the value of its stake in the FinTech enterprise Revolut by 40%, according to a report from Finextra.
Finastra offers Compliance-as-a-Service package for instant payments
Finastra has teamed up with financial crime specialists Fincom and ThetaRay to offer pre-packaged compliance screening for banks delivering instant payments.
French firm Lydia to plunge €100m into new mobile bank offering
French mobile payments app Lydia has revealed bold plans to launch a new mobile bank proposition and plunge €100m into the offering.
soCash takes $600,000 to replace ATMs
Singapore-based soCash has raised $600,000 to let users get cash from shops rather than ATMS. The investment comes from angel backers in the banking and tech industries.
Loot seals £2.2m in Series A round led by Portag3, Speedinvest
Digital current account company Loot has raised £2.2m in a series A funding round.
Glint looks to raise £15m for its Series A, including a £1.5m crowdfunding campaign
Global currency, account and app Glint has raised £15m in its Series A round, which will also have a portion raised through crowdfunding.
Cash remains king in Britain as 83 per cent make weekly payments with physical...
The Payment Systems Regulator (PSR), the subsidiary of Britain’s Financial Conduct Authority, has revealed physical money still pays a roll in the UK.
Klarna signs partnership with retailer boohoo group to scale in UK and US markets
Hot on the heels of the news that it has become Europe’s biggest FinTech unicorn, Klarna is gearing up for further growth with a new partnership.
PayPal pulls the plug on PornHub performers’ payments
Thousands of performers on pornography website PornHub have reportedly been cut off from using PayPal’s services.