Paymob Smart Payments among the ten companies in the new Techstars Hub71 Accelerator programme

Smartphone and contactless payment platform Paymob Smart Payments is among the companies to join the new Techstars Hub71 Accelerator programme.

Tamara secures $6m in new investment round as buy now pay later industry is...

Saudi Arabia-based startup Tamara has secured $6m of seed capital on the back of increased activity in the buy now pay later sector.

Canada-based Paystone rakes in $69m in equity and debt

Payments and integrated software company Paystone has finalised a $69m strategic financing round from Canadian Business Growth Fund (CBGF) and National Bank of Canada.

Payments platform PPRO reaches unicorn status after funding round

Local payments platform-as-a-service PPRO has hit the unicorn status, after a $180m funding round puts its valuation to more than $1bn.

P2P platform Ziina closes its seed round to help enter new markets

UAE-based peer-to-peer (P2P) payment application Ziina has closed its seed round to help with its goal of entering Saudi Arabia and Jordan by 2022.

Corporate credit card startup Moss said to close $25.5m in funding

Moss, a corporate credit card built for the entire company spending, has reportedly collected $25.5m in its new funding round.

Jared Leto joins investment round of credit card company X1 Card

X1 Card, which claims to be the smartest credit card available, has scored $12m in its funding round, which was led by Spark Capital.

The 38 FinTech funding rounds raised last week highlight the success of payments companies...

While the payments industry has reason to celebrate, last week also proved a boon for 38 FinTech companies closing investment rounds. The FinTech industry returned...

Future FinTech Group closes direct offering to the tune of $15m

E-commerce venture Future FinTech Group has closed the registered direct offering of three million share of its common stock at a purchase price of $5.00 per share on January 13, 2021.

Czech Republic-based FinTech Twisto said to raise €16m in funding

Czech Republic-based cashflow management platform Twisto has reportedly collected €16m in new funding.

News Stories

How will Brexit affect wealth management regulations?

Brexit could change the realities of wealth management and how WealthTech companies can navigate the new realities is something Zaliia Gindullina, head of business development at Kidbrooke, discussed in a recent podcast.

Napier to supply AML and CFT services to Australia Post

London-based intelligent compliance technology developer Napier has been chosen by Australia Post to support its anti-money laundering (AML) and counter-terrorism financing (CTF) services.

Insider dealer ordered to pay £3.9m

Having been found guilty of inside trading in June 2019, a former day trader has now been ordered by Southwark Crown Court to pay £3.9m via a consent confiscation order.

Personio reaches $1.7bn valuation after closing $125m funding round

HR software platform Personio has reached a $1.7bn valuation following the close of a $125m funding round.

Digital wallet spend to exceed $10trn by 2025

The total spend via digital wallets will exceed $10trn in 2025, according to new research from Juniper Research.
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