Digix nets $1.25m in seed round from Global Brain, Fenbushi Capital

Tokenised gold platform Digix has netted $1.25m in a seed round led by Global Brain, and Fenbushi Capital.

Payoneer secures undisclosed investment from China Broadband Captial

Digital payments solution Payoneer has received an undisclosed investment from China Broadband Capital.

Simility collects $17.5m for fraud and risk prevention

Simility, a provider of fraud and risk prevention solutions provider, has closed a $17.5m Series B financing round.

GCP Capital Partners raises up to $216m for new vehicle

New York-based GCP Capital Partners has raised $216m for its latest fund, FinTech Global can reveal.

FundPlaces receives $2m investment from Global Yellow Pages

FundPlaces, a blockchain-based real estate investment platform, has received a $2m investment from Global Yellow Pages.

Stater Blockchain eyeing acquisition of Hashcove Limited

Stater Blockchain Limited is looking to acquire UK-based blockchain technology company Hashcove Limited.

Contactless payment provider ToneTag said to bag $1.33m

Contactless payments provider ToneTag has reportedly picked up a $1.33m funding round.

Nonprofit crowdfunding platform GiveGab acquires Kimbia

Online crowdfunding platform Kimbia has been acquired by Rand Capital-backed GiveGab.

Tender Armor closes Series A to prevent payment fraud

Tender Armor, a global fraud prevention payments technology provider, has closed a multi-million-dollar Series A round.

Spendesk completes €8m funding to support Europe expansion

Online payments company Spendesk has completed a €2m funding round, alongside the launch of its plastic card and mobile app solution.

News Stories

Millennials less aware about phishing threats than other age groups as nine out of...

Just because they are digitally native, it doesn’t mean that millennials are better at cybersecurity than their older peers.

Pine Labs secures investment from Mastercard

Pine Labs, a payment acceptance software builder, has received an investment from Mastercard as part of a new partnership.

BNP Paribas boosts partnership with Tink to reach Italian customers

BNP Paribas has extended its partnership with open banking platform Tink to supply its customers with more personal finance tools.

Banks refuse to reimburse fraud if consumer ignores any warning message

Banks are refusing to cover losses in fraud cases if they can prove they show fraud warnings at the point of purchase, according to a study from Which? Money.

Businesses suffer longer system outages due to ransomware attacks

Ransomware attacks are becoming more severe with businesses suffering from infections being out for up to 16.2 days on average, up from 12.1 days in the third quarter of 2019.