PayTech unicorn Melio triples its valuation in just eight months
B2B payments platform for small businesses Melio has collected $250m in a funding round, which puts its valuation at $4bn – tripling since January 2021.
FlexTrade and LSEG unite to revolutionise multi-asset trading with groundbreaking FX solution
FlexTrade Systems, a renowned leader in multi-asset execution and order management systems, and LSEG have announced a significant partnership.
SEBA nabs $101m to support it with getting a bank license
Switzerland-based SEBA Crypto has netted CHF 100m ($101m) in funding to build a FINMA licensed bank.
French cybersecurity company TEHTRIS scores €20m in funding
France-based cybersecurity solution developer TEHTRIS has raised €20m in its new funding round.
Indonesian payments platform Flip closes $100m Series B
Indonesian consumer payment platform Flip has secured the second close of its Series B, which brings the round’s total to $100m.
PayTech Lanistar to launch services in the UK
Lanistar, an online payments company, is expected to launch its services in the UK later this year, following strong growth in Latin America.
Lending Club hires new CFO to lead through turbulent times
Lending Club has brought in its new CFO. Thomas Casey is joining the wavering peer-to-peer lending company following the departure of Carrie Dolan.
Revolut eyeing funding round which would bring its valuation to $5bn
UK challenger bank Revolut is reportedly eying a new funding round which would value the business at $5bn (£3.85bn).
Half of insurance customers would consider coverage from digital firms
A report by Capgemini and Efma has discovered that 50% of insurance customers are willing to consider coverage from digital-based firms.
Indonesian FinTech JULO launches pioneering insurance cover
JULO, a prominent Indonesian peer-to-peer FinTech, has introduced a pioneering insurance cover, which aims to provide ongoing device protection to its users.
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