Ex-footballer Rio Ferdinand buys stake in FinTech Sokin

Ex-footballer Rio Ferdinand has bought a stake in PayTech company Sokin as the startup eyes launch later this year.

Sequoia-backed Finix surpasses $100m in total funding, aims to boost diverse investors

Payments infrastructure company helping vertical SaaS companies, Finix has surpassed $100m in total funding.

FCA censures Premier FX for breaking payment services rules

A City watchdog has publicly censured collapsed payments company Premier FX for failing to safeguard its customers’ money and for misuse of its payment accounts under the Payments Services Regulations.

Razorpay seeks to double its valuation to $2bn via plans to secure up to...

FinTech startup Razorpay is reportedly in talks with existing investor Singapore investment fund GIC to raise circa $150m to $200m in a new financing round.

Credit card company Petal raises $126m in debt

Credit card company Petal has received a $126m debt facility to help it extend the reach if its services.

TreeCard secures $5.12m seed round

TreeCard has raised $5.12m to continue the development of its wooden Mastercard payment card and its tree-planting scheme.

Mobile payments platform RecargaPay secures $70m to smoothen digital financing

Brazil-based mobile payments company RecargaPay has raised $70m with the aim to further develop its payment platform.

Bottlepay hits £51m valuation after seed round close

Real-time global payments system Bottlepay has raised £11m in its seed round to continue its aggressive hiring streak.

MoneyGram steps back from partnership with Ripple over SEC lawsuit

Remittance firm MoneyGram suspends trading on Ripple’s payment platform, RippleNet, citing the ongoing $1.3bn lawsuit filed by the U.S. Securities and Exchange Commission (SEC).

Andy Murray backs GoodBox £9m funding round

Manchester-based GoodBox, which provides charities with contactless payment tools, closed a £9m funding round from existing backers including tennis champion Andy Murray.

News Stories

Goal-based investing is a trend for wealth management companies to look out for

Consumer expectations are changing and they want to get a better control of their finances and their futures.

JPMorgan pledges $350m to support minority owned companies with financial needs

JPMorgan Chase has committed $350m over the next five years to help close the racial wealth divide prevalent in Black, Latinx and women-owned small businesses.

Crypto firm Anchorage raises $80m to increase institutional adoption of digital assets

After getting federal banking charter last month, cryptocurrency banking company Anchorage raised $80m in a Series C funding round.

Relay teams up with Insurercore

PropTech Relay has inked a new partnership with UK-based insurance networking platform Insurercore, aimed at providing a comprehensive solution to insurance and wholesale brokers looking for capacity.

Just one in ten managers understand the extent of the Federal Family and Medical...

Worryingly, only 11% of manager understand the extent of the Federal Family and Medical Leave Act (FMLA), potentially leaving businesses open for law violations.

Do you know which are the leading RegTech companies in each sector?

Find out in the Global RegTech Buyer's Guide for 2021

54045

120,000+ FinTech leaders get exclusive industry stories delivered every week