WealthTech

The BNPL market has seen a financial boon in recent years, creating market leading behemoths like Klarna, Affirm and Afterpay – who are all recording strong growth on the back of clear market demand. Could a growing call for regulation in the sector change this?

US PayFac-as-a-service company Tilled has raised $11m from a Series A round to help software companies monetise payments coming through their platforms.

Swiss FinTech Neon has introduced a sustainable bank account for its customers available through its mobile app.

Tiv, a payments and rewards platform aimed at gamers, has reportedly collected $3.5m in its seed round.

Digitalisation is no longer a niche innovation project. When it comes to client’s financial relationship management, it should be an essential part of a firm’s business strategy to survive this decade, says Uday Nimmakayala, CEO and Founder at WealthObjects.

As the world treads towards digitalisation, wealth management firms must keep pace with changing technologies by preparing their operations for the digital age.

Revolut Business has launched an invoice feature to help companies in the UK and the EU streamline their payments.

WealthTech companies raised $6.6bn across 162 deals in Q1 2021 with Robinhood completing a massive $3.4bn funding round.

UK card transfer business Paysend has closed a $125m Series B funding round led by venture capital firm One Peak.

Curve, which stylises itself as an all in one financial super app, has already exceeded its crowdfunding target by 723%, after just one day.