UK remittance service Small World FS has reached a new milestone having processed more than 50 million cross-border payments to date.
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.
German online bank N26 has jumped across the pond and is now open for US registrations.
FinTech PayPal has joined up with Facebook-owned WhatsApp in backing the Indonesian payment, e-wallet, food, ride-hailing app Gojek, according to Reuters.
Danish card and expenses management platform Cardlay has picked up $4m from undisclosed private investors.
Chinese FinTech giant Ant Financial is acquiring US money transfer service MoneyGram in an $880m deal. Ant Financials’ core product is payments service Alipay.
The California-based subscription billing platform Recurly has closed a new funding round led by F-Prime Capital, the venture capital firm.
Payment company Nets has made a move to improve its payment terminal capabilities with a dual acquisition.
ReversingLabs, a provider of cyber threat detection and analysis solutions, has closed a $25m Series A round.
Paro, which connects finance professionals with companies looking to outsource or augment their accounting and finance teams, has raised $5m.