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 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, a FinTech company founded by industry veterans, has launched a new micro-investing platform aimed at helping families build generational wealth.
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 has launched Flight Delay Insurance, a new service available to its customers in the George app.
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.
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, a mobile authentication startup, has secured $3.5m in its pre-series A funding round.
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, a leading provider of ARI and RCM, has acquired Thomson Reuters Regulatory Intelligence and Oden products and businesses.
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