MotoRefi secures Goldman Sachs backing in $45m Series B
US Auto FinTech MotoRefi has closed a $45m Series B round led by Goldman Sachs Asset Management’s Growth Equity team.
Deutsche Bank, Fiserv team to launch payment acceptance venture in Germany
Deutsche Bank and Fiserv have collaborated to create a comprehensive provider of payment acceptance and banking solutions in the German market.
Danske Bank launches UK’s first carbon neutral mortgage
Danske Bank has launched the UK’s first mortgage certified as carbon neutral by the Carbon Trust to tackle emissions generated throughout the mortgage life cycle.
Klarna expands European presence with Poland launch
Buy now, pay later (BNPL) firm Klarna teamed with H&M to launch its app and its Pay in 30 days BNPL option in the Polish market.
Lunar Way selects Tink’s API to provide new mobile banking app tools
Danish challenger bank Lunar Way has chosen the Tink API to add new payments and personal finance tools to its mobile banking app.
Facebook introduces new payment service Facebook Pay
Social media giant Facebook is strengthening its push into the FinTech space by announcing the launch of Facebook Pay, a new way to shop, donate and transfer cash across Facebook, Messenger, Instagram and WhatsApp.
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.
SoftBank-backed OPay struggles with service outages and its customers are not happy about it
Customers of OPay, the Nigerian-based PayTech company, were left unable to tap into their account through the company’s app over the weekend.
Saudi Arabia-based Hakbah bags $1.2m investment
Saudi Arabia-based savings platform Hakbah has netted $1.2m in its seed round to further its growth.
Lightico snares $15m in Capital One-backed Series B
US customer interaction firm Lightico has secured $15m from a Series B funding round led by Capital One Ventures.