FinTech firm Cornerstone makes debut on AIM on the back of £2.7m round
Cornerstone FS PLC joined the AIM, London’s junior stock market hot off the heels of its £2.7m round.
WorldRemit launches money transfers from within Africa
WorldRemit, a digital money transfer platform, has launched its transfer services from within Africa to simplify the sending and receiving of money across the continent.
NMI unveils new mobile card reader to enable seamless payments for partners
NMI, a global leader in embedded payments, has introduced the ID TECH VP3350 mobile card reader, expanding the range of devices supported on its gateway.
Hummingbird Ventures backs neobank Vance in seed round
India-based global neo-banking platform Vance has raised $5.8m in a seed round led by Hummingbird Ventures.
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.
Techbank Varo Bank teams up with Zelle for payments
Varo Bank, an all-digital, nationally chartered U.S. consumer techbank, has teamed up with Zelle, a developer of payment and risk management solutions.
UK FinTech giant Revolut to launch in 5 more countries
UK FinTech giant Revolut has geared up for a launch in five new countries, which will go live over the coming couple of months.
Flywire rakes in funding and acquires healthcare business
Cross-border payments company Flywire has bagged $120m in its Series E as it looks to move into more verticals including education, healthcare and travel.
SmartBox Group receives €167m in senior debt
Gift card provider Smartbox Group has received €167m in senior debt financing led by AIB.
Ant Financial buys US remittance firm MoneyGram for $880m
Chinese FinTech giant Ant Financial is acquiring US money transfer service MoneyGram in an $880m deal. Ant Financials’ core product is payments service Alipay.