Investors

Bnext secured $25m in its Series A round in October and has now topped up its accounts with a further $13m.

Commerzbank is the latest company to feel the shock waves of Wirecard's collapse, with the beleaguered firm having had a €200m ($237.51m) credit facility with the German lender.

Know you customer company kompany has raised close to €6m almost a year to the day after its most recent round.

Technology giant Apple has reportedly acquired mobile payment technology developer Mobeewave to potentially transform iPhones into payment terminals.

Buy now, pay later company Affirm may be the next FinTech to be eyeing an initial public offering, which could see it valued at a mammoth $10bn.