Key European PayTech stats in Q1 2024: • European PayTech deal activity totalled at 27 deals in Q1 2024, a 55% drop from Q1 2023 • European PayTech companies raised a combined $235m in Q1 2024, a 18% reduction YoY • The UK was home to the highest number of PayTech deals with 11 transactions, a 40% share of deals on the...
FinTech
FinTech Global reported on another powerful week in the FinTech sector, with a total of $783m raised across 26 deals.   This top performing deal this week was found from a Dallas, Texas-based firm, Yendo, who pulled in an impressive $165m in debt financing. Yendo is a provider of a vehicle-secured credit card. Here are this week’s deals. Yendo secures $165m to...
FutureMoney launches micro-investing app to help families secure financial future
FutureMoney, a FinTech company founded by industry veterans, has launched a new micro-investing platform aimed at helping families build generational wealth.
Camwood and Pentaho team up to enhance data analytics capabilities
Camwood, a leading IT consultancy specialising in digital evolution through the lens of applications, has partnered with Pentaho, a subsidiary of the Japanese multinational conglomerate Hitachi, to bring its data analytics platform to market via a new managed services offering.
Erste Bank Hungary introduces innovative flight delay insurance with Companjon
Erste Bank Hungary has launched Flight Delay Insurance, a new service available to its customers in the George app.
Dwolla partners with Visa to enhance account verification in pay by bank
Dwolla, a leading U.S.-based account-to-account (A2A) payment solution provider, has announced a strategic collaboration with Visa, a world leader in digital payments.
Small business owners spend huge amounts of time on laborious accounting tasks when they would much rather be seeking new opportunities, delivering on orders and expanding
HSBC Holdings, Europe’s biggest bank, has partnered with Ember, an accounting-software FinTech, to roll out accounting and tax tools for small UK business customers.
OTPless raises $3.5m to advance mobile authentication technology
OTPless, a mobile authentication startup, has secured $3.5m in its pre-series A funding round.
FinTech leader Osome bags $17m Series B round for automation and expansion
Osome, a leading finance admin platform for founders and small and medium businesses (SMBs), has announced the completion of its Series B funding round, raising $17m. The funding, a mix of equity and debt, comes from both new and existing investors.
CUBE
CUBE, a leading provider of ARI and RCM, has acquired Thomson Reuters Regulatory Intelligence and Oden products and businesses.

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