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Turkish payments service provider iyzico nabs $13m

Turkish online payments processor iyzico has raised $13m in a Series C round led by Vostok Emerging Finance. Existing backers IFC and local investor 212 also participated.

Flipkart bags $156m in credit line from Axis Bank

India-based e-commerce marketplace Flipkart has reportedly bagged $156m in a credit line from Axis Bank.

Amino Payments bags $4.5m funding led by First Round

Online blockchain-based payments company Amino Payments has closed a $4.5m funding round led by First Round Capital.

B-Stock nets $65m in backing from Spectrum Equity

B-Stock, a B2B marketplace for liquidation merchandise, has netted $65m in a round from growth equity firm Spectrum Equity.

Indonesian PayTech KinerjaPay secures $200m investment

Indonesian FinTech KinerjaPay has secured a signed commitment from PT. Investa Wahana Group to invest $200m in the business. Wahana Group had agreed to buy...

Wirecard working together with WHSmith to expand the retailer’s digital payment offerings

Digital payments solutions company Wirecard has joined forces with WHSmith. Together, the two aim to give the retailer more opportunities to cash in on digital payments.

Faire has scored both a unicorn status and $150m in a massive Series D...

Curated wholesale marketplace Faire has achieved unicorn status after being valued over $1bn following a huge $150m funding round.

Nuvei ups its valuation to $2bn after new funding round

Payments company Nuvei has scored $270m in a common equity financing round, raising its valuation to $2bn.

Wirecard has become Visa’s preferred payment processor

Hot on the heels of signing a new partnership with Klarna in March, Wirecard has now inked a new deal with Visa to help the payment giant bolster the Visa Fintech Fast Track programme in the Middle East.

Miss these 27 funding rounds at your own peril

From stocktrading to teenage finances, last week's funding rounds provide plenty of things to consider for the future of the industry.

News Stories

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud, a leading innovator in the Staffing Industry known for its advanced automation and AI-driven solutions, has announced a groundbreaking partnership with Immediate, a forward-thinking provider of pay access solutions.
Marqeta powers Rain's new debit card for seamless wage access

Marqeta powers Rain’s new debit card for seamless wage access

Marqeta, a global modern card issuing platform, has partnered with Rain, a financial wellness benefits provider that assists companies in giving employees greater control over their finances.
Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies, a leading RegTech company, has teamed up with HSBC Expat, a branch of HSBC Bank specialised in services for expatriates, excels in offering tailored banking solutions across the globe.
FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.

FinTech funding flourishes amid diverse week for deal activity

FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.
Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna, an AI-powered global payments network and shopping assistant, and Milkywire, an environmental impact platform, have launched the Nature Transformation Fund.

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