Paysme secures £268,520 in oversubscribed crowdfunding round

The SME-focused FinTech startup Paysme has already banged through its original target by securing £268,520 on its Seedrs campaign, and it's not over yet.

Cybersecurity experts warn about Black Friday scams

As customers around the globe race to claim the best Black Friday deals, cybersecurity experts warn them to look out for scams.

WeGift secures an $8m Series A extension to increase product development

WeGift, which enables businesses to reward customers with gift cards, has collected $8m in its Series A extension.

Cashfree said to close its Series B on $35.3m

India-based digital payments app platform Cashfree has reportedly secured $35.3m in its Series B funding round.

Stripe said to be eyeing funding round that could see its valuation reach between...

Payments giant Stripe is reportedly looking to raise a funding round which could see its valuation reach somewhere between $70bn and $100bn.

Remittance startup TransferGo nabs debt facility just months after capital round

Money remittance platform TransferGo has reportedly received a £4m credit facility, just months after securing a $10m investment round.

Zilch secures FCA authorisation as it aims to take on Klarna and Afterpay

Buy now pay later startup Zilch has secured a consumer credit authorisation with the Financial Conduct Authority (FCA), which could be a first for the London-based venture.

Do these 34 FinTech funding rounds suggest Covid-19 influences investment trends?

Fraud-fighting RegTechs and digital payment providers were among the 34 rounds raised by the FinTech industry last week, areas that are becoming more important during the pandemic.

Satispay collects €93m in Series C round

Italian mobile payments startup Satispay has netted €93m in a Series C round, bringing the total capital injected into the venture since its 2013 launch to €110m.

DiPocket secures €6m investment

UK-based FinTech DiPocket has secured €6m investment from GB & Partners Investment Management, which saw the investor take a majority stake in the cashless payments company.

News Stories

Coinbase responds to racism and discrimination allegations

Coinbase has been accused of having created a culture fraught with bullying, racism and discrimination against black people in a new exposé from the New York Times.

A third of consumers feel unable to spend as much on Christmas this year

A third of UK adults have admitted they feel unable to spend as much on Christmas this year, according to a study from Yolt.

Almost 90% of consumers haven’t finished Christmas shopping as concerns of online shopping still...

Nearly 90% of people have not completed their Christmas shopping yet, as the pandemic puts pressures on families, research from Klarna claims.

The first quarter of 2020 saw the highest number of large RegTech deals as...

The top ten RegTech deals in the first nine months of 2020 raised in aggregate $1.8bn, making up 38.2% of the total funding in the sector for the period.

Over two fifths of health insurers still lack a consumer facing app

Only 42% of health insurers in Europe have a consumer facing app, despite the rising importance of digitalisation, according to a new whitepaper from Scanbot.

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