Brazilian unicorn EBANX bags $430m from Advent before planned IPO

Brazilian FinTech EBANX has captured a $430m investment from Advent International of which $30m would go toward its planned initial public offering (IPO) of stock.

Wagely bags $5.6m strategic funding to grow earned wage access platform

Indonesian FinTech startup Wagely has secured $5.6m in a strategic funding round led by Intergra Partners.

Veriff, Monese partner to offer secure digital banking services to Europe

Estonian identity verification firm Veriff has teamed with mobile money app Monese to provide strengthened and secure digital banking services to European consumers.

Coupay collects £200,000 to help SMEs get payment faster via its open banking platform

UK-based Coupay secured £200,000 pre-seed funding from SFC Capital and angels including serial entrepreneur Will Wynne of Smart Pension, Arena Flowers and Trulience in a bid to help small businesses get from sales to cash faster.

nSure AI picks up $6.8m to reduce fraud in digital goods sector

Israel-based predictive AI fraud protection company nSure AI raised $6.8m in seed funding led by DisruptiveAI, Phoenix Insurance, AXA-backed venture builder Kamet, Moneta Seeds and private investors.

Klarna unveils new comparison shopping service across European markets

Swedish buy now pay later (BNPL) juggernaut Klarna has launched its Comparison Shopping Service (CSS) in 21 markets across Europe.

Stripe launches AI-based identity verification tool for online businesses to reduce payment fraud

Payment giant Stripe goes beyond its payment products, launches Stripe Identity, an identity verification system for online businesses as a means of reducing fraud, preventing account takeovers and stopping bad actors.

N26, Uber execs back France’s Upflow in $15m round to help businesses get paid...

Paris-based startup that helps B2B companies get paid Upflow raised $15m in a Series A funding round to help businesses avoid late payments and improve cash flow.

Refyne snares $16m Series A to boost Indian salary access

Indian FinTech Refyne has raised $16m from a Series A funding round led by RTP Global and DST Global.

DNA Payments secures £100m capital influx following Alchemy deal

UK FinTech DNA Payments has raked in £100m after it signed an agreement with private equity firm Alchemy Partners.

News Stories

How transparent AI will help the adoption of the technology in insurance

As AI becomes more widely used across industries, in insurance is lagging behind. Akur8 believes this could be down to the need of transparency. Akur8...

How to meet the needs of the top three underserved segments in wealth management

With 2021 moving into the halfway mark, TietoEVRY’s Sameer Datye has listed the biggest wealth trends of 2021.

Lydia teams with Cashbee to establish savings accounts offering

French mobile payments company Lydia has partnered with compatriot FinTech Cashbee to add saving accounts to its platform.

FinTech investment growth in the Baltics paused in Q1 due to lack of large...

FinTech companies in the region raised just $11.2m across 12 deals during the first three months of 2021 expends Estonia footprint with Icefire acquisition

Payments solutions provider Checkout.Com has purchased Estonian software development firm Icefire for an undisclosed fee.

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