Payflow becomes most funded on-demand salary solution in EU

Financial wellbeing platform Payflow has secured €8m in financing to support its growth in Spain and other international markets.

Lender DMI Finance snaps up $47m in funding

Indian lending firm DMI Finance has reeled in $47m in equity investment from new investor Sumitomo Mitsui Trust Bank.

FinTech Revolut launches as a bank in 10 European countries

Revolut has launched as a bank in 10 select Western European countries in order to offer customers in these regions deposit protection.

Fly Now Pay Later raises $75m for expansion across US

Fly Now Pay Later, which offers buy now pay later services to the travel industry, has scored $75m in a debt funding package. Atalaya Capital...

Cloud banking software dev nCino acquires homeownership app SimpleNexus

nCino, a cloud banking and digital transformation solution developer, has acquired cloud-based homeownership software company SimpleNexus.

Decentralised credit protocol Goldfinch swoops up $25m

Decentralised credit protocol Goldfinch has swooped up $25m in an investment led by Andreessen Horowitz.

Tribal Credit nets $34.4m to help SMEs access corporate cards

Tribal Credit, a payment FinTech targeted at small and medium-sized businesses in emerging markets, has closed a Series A and debt round on $34.3m.

Modern credit card provider Petal bags Series D

Petal, a credit card company helping people build their credit, has raised $140m in its Series D funding round.

Addi takes digital commerce by storm in Latin America

Colombia-based Buy Now, Pay Later (BNPL) FinTech Addi has raised $200m of debt and equity financing to power its Latin America expansion plans, a report by FinTech Futures has revealed.

JellyFi nets $4.4m for DeFi lending protocol

DeFi lending protocol JellyFi has closed its seed funding round on $4.4m, as it gears up for technology development push.

News Stories

Kin Insurance retreats from IPO

Home insurance platform Kin Insurance has agreed to terminate its planned merger with special purpose acquisition company Omnichannel Acquisition Corp, due to “unfavourable market conditions”.

Sanad Cash – the latest Saudi Arabian FinTech to close funding in 2022

Sanad Cash, a Saudi Arabia-based on-demand payment and spend management platform, has scored $1.6m in its seed round.

SaaS provider for asset allocation T-REX gets claws on $40m

T-REX Group, a SaaS provider for the asset-backed financing industry, has closed its Series C round on $40m.

Simplisafe teams with Aviva to offer bolstered insurance protection

Security firm Simplisafe has teamed with insurance company Aviva to help businesses reduce the severity or prevent costly insurance claims on their premises.

Mollie joins forces with Chargebee to streamline subscription payments

Dutch payment service provider Mollie has partnered with subscription management platform Chargebee to help simplify subscription payments.

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