Peter Thiel’s Valar Ventures, Klarna founder back Indonesia-based BukuWarung in $60m round

Indonesian FinTech startup BukuWarung raised $60m in Series A funding in a round led by Valar Ventures and Goodwater Capital.

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.

Stavvy pulls in $40m Series A, teams with Flagstar to boost Covid-19 loan relief

US FinTech Stavvy has secured $40m from a Series A financing round led by Morningside Technology Ventures.

Does regulation pose a threat to buy now, pay later market growth?

The BNPL market has seen a financial boon in recent years, creating market leading behemoths like Klarna, Affirm and Afterpay – who are all recording strong growth on the back of clear market demand. Could a growing call for regulation in the sector change this?

Pakistan’s largest Bank invests in country’s leading small business lender

Habib Bank Limited (HBL) became the first bank in Pakistan to invest in a FinTech startup with its significant participation in the last tranche of Finja’s $10.15m Series A1 round.

Volante, Deloitte partnership looks to transform FIs payments business

Cloud payments provider Volante Technologies and Deloitte have teamed to offer a new service aimed at transforming how financial institutions (FIs) run their payments business.

NatWest lets customers set transfer limits to reduce payment scam damage

NatWest is now allowing customers to establish their own daily digital bank transfer limits to reduce the impact caused by authorised push payment (APP) scams.

Zeta secures unicorn label following $250m Series C

Indian neobank startup Zeta has received unicorn status after a $250m Series C funding round took it to a $1.45bn valuation.

Zip strengthens grip on BNPL market with Twisto, Spotii acquisitions

Australian buy now, pay later (BNPL) company Zip will expand into Europe and the Middle with the purchases of BNPL competitors Twisto and Spotii.

Polaris expands digital footprint with new online banking platform

Nigeran bank Polaris has boosted its digital presence with the launch of VULTe, its new digital bank.

News Stories

How transparent AI will help the adoption of the technology in insurance

As AI becomes more widely used across industries, in insurance is lagging behind. Akur8 believes this could be down to the need of transparency. Akur8...

How to meet the needs of the top three underserved segments in wealth management

With 2021 moving into the halfway mark, TietoEVRY’s Sameer Datye has listed the biggest wealth trends of 2021.

Lydia teams with Cashbee to establish savings accounts offering

French mobile payments company Lydia has partnered with compatriot FinTech Cashbee to add saving accounts to its platform.

FinTech investment growth in the Baltics paused in Q1 due to lack of large...

FinTech companies in the region raised just $11.2m across 12 deals during the first three months of 2021

Checkout.com expends Estonia footprint with Icefire acquisition

Payments solutions provider Checkout.Com has purchased Estonian software development firm Icefire for an undisclosed fee.

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