What were the biggest PayTech deals of 2021?
In an age where the traditional form of in-person payments is being restricted due to Covid-19 restrictions, the rise of PayTech seems almost inevitable. With more people than ever now using payment technologies, the demand for funding is also climbing.
India-based PayVEDA closes Series A
PayVEDA, which helps make bill payments easier, has reportedly collected $11.5m in its Series A funding round.
Barclays backs fashion finance outfit Responsible in seed round
Responsible, an embedded finance company designed to make the fashion industry more circular, has secured $6.6m from a seed round held by Barclays.
UK parliament launches crypto advocacy group
The UK parliament has launched a cross-party group of lawmakers to create a framework to regulate digital asset markets, a report by the Financial Times has revealed.
Nigerian SME champion ThankUCash closes seed round
Multi-merchant rewards platform ThankUCash has raised $5.3m in its seed funding round, as it plans to expand its foothold in Nigeria, a report by TechCrunch has revealed.
PayTech CellPoint bags $25m to fuel international expansion
Digital commerce and payment provider CellPoint Digital has scored $25m in funding from an equity financing round.
Pine secures C$27m for Canadian homeowners
Canadian FinTech Pine, which wants to “reimagine the homeownership processâ€, has raised C$27m comprising of seed and Series A funding.
Indonesian FinTech app UpBanx scores pre-seed round
Indonesian FinTech platform UpBanx has reportedly collected $5.2m in a pre-seed funding round to prepare for its market expansion efforts.
Lloyds Banking Group backs loyalty card platform Bink
Lloyds Banking Group has reportedly invested into Bink, a digital loyalty card, taking a minority stake in the business.
Savings and investing app Ant Money acquires video game saving app Blast
Embedded finance platform Ant Money has scored $20m in its Series A funding round