Monzo teams up with TrueLayer to create an open banking-powered gambling block
Challenger Bank Monzo and fintech firm TrueLayer have entered into a partnership to protect customers using new payment methods to remit money when gambling.
Killer Mike’s digital banking platform Greenwood closes $40m Series A round
Digital banking platform aimed at Black and Latino communities, Greenwood raised $40m in a Series A funding round led by Truist Ventures.
Bunq, Volt partner to bolster open payment technology
Dutch challenger bank Bunq has partnered with London-based payments company Volt to provide a faster way for Bunq customers to transfer money from other accounts.
BNPL firm Sunbit secures unicorn status following $130m Series D
California-headquartered buy now, pay later (BNPL) company Sunbit has achieved unicorn status after a $130m Series D brought its value up to $1.1bn.
Kafene said to raise $14m to offer flexible payments and protect customers from debt
BNPL firm Kafene raised $14m in Series A funding to empower flexible ownership for subprime customers.
Tribe, ClearBank partner to bolster banking access for FinTech companies
Tribe Payments has teamed with ClearBank to leverage the latter’s banking-as-a-service platform to help provide Tribe’s customers with improved access to payment schemes.
Thunes purchases Limonetik to speed-up global payment collection roll-out
Singaporean cross-border payments firm Thunes has acquired European payment methods platform Limonetik for an undisclosed fee.
Boku eyes simplified mobile payments market with new network launch
Carrier billing business Boku has unveiled a mobile payments network that it claims will reach 5.7bn payment accounts in 90 countries.
Xendit enters unicorn club following Tiger Global-led Series C
Indonesia payments firm Xendit has reeled in $150m from a Series C funding round and has pushed its valuation over the $1bn mark.
Philippines’ only unicorn cements its title with round close
Philippines-based Mynt, which develops financial solutions and payment services, has collected $300m in a funding round that brings its valuation to $2bn.
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