Small World passes 50 million transactions milestone

UK remittance service Small World FS has reached a new milestone having processed more than 50 million cross-border payments to date.

Facebook to recruit 50 people in Ireland to work on its digital wallet project...

It seems as if Facebook is still serious about getting the ball rolling with the cryptocurrency initiative Libra as the social media giant has announced plans to hire 50 people to work on its FinTech project.

Challenger bank N26 is officially launching in the US after facing bad press in...

German online bank N26 has jumped across the pond and is now open for US registrations.

PayPal among investors backing Gojek

FinTech PayPal has joined up with Facebook-owned WhatsApp in backing the Indonesian payment, e-wallet, food, ride-hailing app Gojek, according to Reuters.

Cardlay snags $4m to help banks serve corporate clients

Danish card and expenses management platform Cardlay has picked up $4m from undisclosed private investors.

Ant Financial buys US remittance firm MoneyGram for $880m

Chinese FinTech giant Ant Financial is acquiring US money transfer service MoneyGram in an $880m deal. Ant Financials’ core product is payments service Alipay.

Recurly closes $19.5m funding round led by F-Prime Capital

The California-based subscription billing platform Recurly has closed a new funding round led by F-Prime Capital, the venture capital firm.

Nets acquires Finnish payment technology providers Poplatek and Poplapay

Payment company Nets has made a move to improve its payment terminal capabilities with a dual acquisition.

ReversingLabs collects $25m for cybersecurity platform

ReversingLabs, a provider of cyber threat detection and analysis solutions, has closed a $25m Series A round.

Paro raises $5m to connect finance professionals with companies

Paro, which connects finance professionals with companies looking to outsource or augment their accounting and finance teams, has raised $5m.

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