B2B domestic payment transaction value to exceed $54trn in 2023

A study by Juniper Research has found the transaction value of business-to-business domestic payments across payment methods is expected to surpass $54trn in 2023.

Payroll unicorn Deel more than quadruples valuation in six months

Deel, a global compliance and payroll solution, has collected $425m in its Series D funding round, bringing its valuation to $5.5bn.

Pagos collects $10m in seed funding

Pagos, which develops data and insight SaaS technology to improve payments infrastructure, has collected $10m in seed funding.

Fastest growing mobile banking personalisation platform Finotta collects seed round

Finotta, which claims to be the fastest-growing player within mobile banking personalisation, has scored $3m in seed funding.

Helping banks step up onboarding – Clarifai closes its Series C

Clarifai, which helps firms improve customer experiences and onboarding, has collected $60m in its Series C round, which was led by New Enterprise Associates.

Biggest ever equity crowdfund on Crowdcube sees FinTech Chip bag £11.5m

Digital savings account Chip has raised £11.5m in what is to date the biggest equity crowdfund held on investment crowdfunding platform Crowdcube.

Ransomware demands shoot up by over 500% in first half of 2021

A recent report by Allianz has found that scammers demanded an average payment of $5.3m from hacking victims during the first six months of 2021.

Plum plucks $14m from Series A raise

UK FinTech startup Plum FinTech has brought in $14m from a Series A funding round headed by Ventura Capital and DMG Ventures.

How is the sustainability revolution changing the banking sector?

A recent blogpost by financial industry association Mobey Forum has examined how the movement to make finance more sustainable has changed the banking industry.

Swile becomes second fastest French tech unicorn

Swile, a smart card for employees, has raised $200m in its Series D round, making it the second fastest French tech company to reach the unicorn status.

See how insurance firms can use it to personalise their offering

Did you know that by 2025, almost 30% of all data created, captured, or replicated by consumer devices will be created in real-time.

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