FinTech decacorn Brex continues to get bigger
Brex, a business banking platform, has reportedly reached the highly covered decacorn status after a $300m investment puts its valuation at $12.3bn.
Saudi FinTech sector records $347m in new investment over last 12 months
A recent report by FinTech Saudi has found how Saudi Arabia’s FinTech market has seen a 37% hike in new companies with investment exceeding SAR$1.3bn ($347m).
Digital payments to rise 70% in five years
Usage of digital payments in Europe is expected to rise by 70% in the next five years, as the global e-commerce landscape becomes worth $6.9trn.
What will the European payments industry look like in 2030?
A recent study by card issuing platform Marqeta has examined the potential roadblocks and innovations that may arise over the next decade in the payments industry.
Asian market consolidation on the mind of XanPool as it nets $27m Series A
Payment infrastructure builder XanPool has raised $27m from a Series A funding round led by Valar Ventures.
Brazilian FinTech company Hash scores funding as seeks growth in the country
Hash, a Brazilian FinTech company that provides payment infrastructure for B2B companies, has reportedly raised $40m in Series C funding.
CRED continues strong year of funding with $251m Series E
Indian credit card bill payment app Cred has netted $251m from a Series E funding round led by Tiger Global and Falcon Edge Capital.
Are Baby Boomers the ideal FinTech customers?
A recent study by payments-as-a-service platform Modulr has found 65% of over 65s are open to using new financial services or payment methods for convenience.
Primer collects $50m to help unify payment infrastructures
Low-code payment infrastructure Primer has scored $50m in its Series B round, which puts its valuation at $425m.
Transforming POS – Lithuanian FinTech kevin. bags seed round
kevin., a Lithuania-based FinTech company that designs unique payment infrastructure, has collected $10m in its seed funding round.
