P2P Payments

Apple reveals Apple Card Family which lets families share its credit card services

The Apple credit card got an update and now it can be shared and merged with family members, CEO Tim Cook revealed.

Finix announces $17.5m Series A round led by Bain Capital Ventures

With its new capital injection, payment services startup Finix is set to challenge the likes of Stripe and Square.

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.
Paytrix

Embedded payments firm Paytrix scores £5m

Paytrix, an embedded payments company for high-growth vertical software platforms, has bagged £5m in new funding.
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WeSwap seeks expansion to Asia after £8m Series B

Travel money transfer platform WeSwap closes £8m Series B funding round led by IW Capital, to aid Asian market expansion.
Suresite launches P2PE solution with TSG UK

Suresite launches P2PE solution with TSG UK

Forecourt retail specialist Suresite Group and fuel and retail service provider TSG UK have partnered to release a new point-to-point encryption payment (P2PE) solution for the forecourt industry.

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.

Finexio secures $23m in new investment round

Payments as a service company Finexio has netted $23m in a round led with a strategic investment from Medalist Partners, an alternative credit manager based in New York.

HSBC and ING back buy now pay later firm Divido in $30m round

UK-based whitelabel platform for retail finance Divido raised $30m in Series B funding.

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.

News Stories

Over $3bn raised in this week's 29 FinTech funding rounds

Over $3bn raised in this week’s 29 FinTech funding rounds

Over $3bn was raised by FinTech companies this week, supercharged by a colossal €1.5bn raised by UK-based SumUp. 
Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena, a pioneering FinTech company known for its cloud-native, API-led microservices-based multi-product platforms, has appointed Rajesh Mehta to its Growth Advisory Board.
League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League Data and Mambu have embarked on a groundbreaking journey to transform the Canadian financial landscape by introducing advanced cloud banking solutions to credit unions.
Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint, known as the world's most accurate device intelligence platform, is partnering with Oscilar, a leader in AI-driven risk and fraud management.
Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English, an online English-learning platform operating in over 30 countries, and dLocal, a leading cross-border payment platform specializing in high-growth markets, have recently announced a significant partnership.

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