Mexican FinTech Clara joins unicorn club
Clara, a Mexico-based corporate spend management solution, has joined the unicorn club following the close of a $70m Series B.
Rio Ferdinand-backed Sokin unveils subscription payments platform in UK, Europe
London-based PayTech firm Sokin has introduced the first subscription-based global payments solution in the UK and European markets.
Singapore-Based neobank StashFin snags $40m in Series B extension
Singapore-based neobanking startup, StashFin completed the extension of its Series B equity financing of $40m.
OakNorth closes $30m investment from Japan’s SMBC
OakNorth, an AI software developer, has received a $30m investment from Japan-based bank Sumitomo Mitsui Banking Corporation (SMBC).
German prosecutors have arrested the chief executive of Wirecard’s Dubai unit Cardsystems
The highly publicised collapse of Wirecard has taken another turn with German prosecutors having arrested the head of the company's Dubai-based subsidiary.
Empower raises $20m Series A as challenger bank market continues to ripen
US challenger bank Empower has collected $20m in its Series A round as the appetite for digital banks continues to rise.
Indian online lending marketplace Namaste Credit is becoming a neobank
Namaste Credit is joining the digital banking revolution by announcing plans to turn the online lending marketplace, into a “fully-fledged digital-only bank†for micro, small and medium-sized enterprises.
Personal finance education for kids Pigzbe closes ICO on $8.85m hard cap
London-based digital wallet platform Pigzbe has closed its ICO after hitting its $8.85m hardcap.
Oregon-based Bumped closes Series A round on $14.1m
Bumped, a stock market and ownership mobile app, has closed its Series A on $14.1m.
New York-based DailyPay nets $9m Series B
DailyPay, which enables employees to have real-time access to their wages, has closed a $9m Series B funding round.