Nearly £2bn lost annually by online retailers due to lack of available payment methods
A survey by Merchant Advice Service has found over £1bn is lost every year by online retailers due to a lack of available payment methods.
LendInvest lands ?150m Barclays, HSBC partnership to aid UK property market
PropTech company LendInvest has secured a partnership with banking giants HSBC and Barclays that will funnel ?150m into the UK property space.
Hapi unveils app to help parents provide nest egg for children
UK FinTech startup Hapi has launched a new app that is designed to aid parents in planning and investing for their children’s future.
Currenxie nets $10m in Series A to support product expansion
Currenxie, a cross-border payments and business accounts platform, has collected $10m in its Series A round.
Ualá raises the largest private investment of any Argentina-based company
Argentina-based money management app Ualá has reached a $2.4bn valuation after the close of a $350m Series D investment.
Paysafe to acquire SafetyPay in $441m all-cash deal
Specialised payments platform Paysafe has bolstered its payments footprint after it signed an agreement to purchase ecommerce payments company SafetyPay for $441m in cash.
MTN, Sanlam partner to expand insurance cover offering in Africa
South African telecommunications giant MTN has teamed with financial services business Sanlam to provide insurance products to subscribers of MTN in Africa.
Carta hits $7.4bn valuation after Series G close
Equity management solution Carta has been valued at $7.4bn, following the close of a $500m Series G round.
Chime hits $25bn valuation ahead of potential IPO
Mobile banking giant Chime has reportedly hit a $25bn valuation following the close of a $750m round, which could be the precursor to an IPO later this year.
BNPL player Zilch secures US market foothold with NepFin purchase
UK buy now, pay later (BNPL) company Zilch has entered an agreement to acquire FinTech startup NepFin as it prepares to enter the US market.
© FinTech Global © Copyright 2024. All rights reserved.
