Zilch and Mastercard widen partnership to launch BNPL card in Europe

FinTech company Zilch has revealed it has expended its partnership with Mastercard to help bring the former’s buy now, pay later (BNPL) card digital card to Europe.

UK circular economy startup Twig bags Series A

Twig, which describes itself as a UK circular economy FinTech scaleup, has closed its Series A round on $35m.

Neobank Kaleidofin bags $10m Series B

India-based neobank Kaleidofin has raked in $10m from a Series B headed by the Michael and Susan Dell Foundation.

What were the biggest PayTech deals of 2021?

In an age where the traditional form of in-person payments is being restricted due to Covid-19 restrictions, the rise of PayTech seems almost inevitable. With more people than ever now using payment technologies, the demand for funding is also climbing.

FinTech Revolut launches as a bank in 10 European countries

Revolut has launched as a bank in 10 select Western European countries in order to offer customers in these regions deposit protection.

Qonto valued at $5bn following Series D

French challenger bank Qonto has landed $552m in Series D funding, propelling it to a $5bn valuation, a report by Finextra has revealed.

Dutch financing platform Levenue acquires compatriot Requr

Netherlands-based financing platform Levenue has purchased FinTech Requr for an undisclosed fee.

Ecospend and Contis team to widen bank-as-a-service product offering

Open banking platform Ecospend has partnered with banking-as-a-service (BaaS) provider Contis to offer a wide range of BaaS products to both its customers.

How Covid-19 supercharged the growth of the digital remittance market

A new blogpost by Currencycloud has underlined how the coronavirus pandemic and the restrictions put in place due to it has led to the massive growth of digital remittances.

Sygnum secures Series B funding for digital asset economy

Sygnum, a digital asset technology group with a Swiss banking license and a Singapore asset management licence, has raised $90m in an oversubscribed Series B funding round.

News Stories

March Capital pours $15m funding into payments firm Gr4vy

Cloud-native payments orchestration firm Gr4vy has secured $15m in Series A extension funding.

FCC chair calls for new policies around telecom data breach reporting

The chairwoman of the Federal Communications Commission (FCC) Jessica Rosenworcel has called for new policies around telecom providers’ reporting of data breaches.

UK’s Payment Systems Regulator releases 5-year plan

The UK’s Payment Systems Regulator has released its five-year plan to support the payment services.

Investing app Seashell launches from stealth after seed close

Seashell, which hope to create a consumer-first modern banking and investment platform, has launched from stealth after the closed of its seed round.

The PRA underlines 2022 supervisory priorities for international banks in the UK

The Prudential Regulatory Authority (PRA) has set out in a Dear CEO letter its supervisory priorities for international banks active in the UK for 2022.

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