Yoco secures South Africa’s largest single investment raised by a payments company

South African payments company Yoco has secured $83m in its Series C, which it claims to be the largest single investment raised by a small business-focused payments platform in the Middle East and Africa.

Klarna rival Payl8r reels in £40m funding after a 334% growth in a year

Manchester-based Payl8r has secured £40m from Conister Bank and plans to become a £1bn FinTech business within five years.

Fly Now Pay Later joins forces with ChargeAfter to democratise credit for the travel...

Fly Now Pay Later, FinTech which offers shoppers a more flexible way to finance travel, has partnered with ChargeAfter, the global network of personalised buy now pay later (BNPL) and point-of-sale financing for merchants.

Why investors are betting on crypto firms and InsurTechs based on the 22 rounds...

Last week proved to be profitable in terms of FinTech investment, with the rounds revealing the state of cryptocurrency and InsurTech sectors.

Amazon and AO.com’s credit card provider launches UK’s first digital only credit card Bip

Amazon and AO.com’s credit card provider NewDay has launched a new fully digital credit card aiming to provide an alternative to rivals like Apple Pay and Google Pay.

Nium nets $200m to become first global B2B payments unicorn from Southeast Asia

Nium, a global B2B payments platform, has raised over $200m in a Series D round led by Riverwood Capital to accelerate its product roadmap and drive global expansion.

Former Mollie and Klarna execs launch AI-powered BNPL solution Biller to future-proof B2B invoicing

Former Mollie and Klarna senior managers have developed Biller, an AI-powered buy now, pay later invoicing solution to solve the problems of B2B purchasing.

Paystand collects $50m Series C funding to support enhancement of blockchain-powered payment network

Paystand, a blockchain-enabled payment network for businesses, has closed its Series C round on $50m, coming off the back of its triple-digit growth.

Integrated payments software provider Paystone picks up $23.8m from Crédit Mutuel Equity

Canada-based company providing integrated payment technology Paystone closed a $23.8m round from Crédit Mutuel Equity.

Klarna-rival Zilch strikes $110m deal with Goldman Sachs and Daily Mail owners

London-based buy now pay later FinTech Zilch secured $110m of debt and equity funding from Goldman Sachs Asset Management and DMG Ventures - the venture capital arm of the Daily Mail and General Trust plc.

News Stories

Card issuing platform for developers Lithic valued at $800m with Stripes-led Series C

NYC-based card issuing platform for developers Lithic raised $60m in Series C funding, making the company a soonicorn.

API-based financial infrastructure provider Prime Trust pulls in $64m Series A

FinTech infrastructure and crypto custody firm Prime Trust is planning a major expansion of its services after a $64m Series A.

Card issuer Slice banks $10m debt funding from Northern Arc Capital

Credit card challenger Slice secured $10m in debt funding from multiple financial institutions like, Northern Arc Capital, Niyogin Fintech Limited, Credit Saison India, and Vivriti Capital to name a few.

Mercury becomes latest billion-dollar FinTech after Coatue-led $120m round

Mercury, a San Francisco-based digital banking outfit targeting startups, has raised $120m at a $1.62bn valuation in a Series B funding round.

Tenderly raises $15.3m to build an end-to-end Ethereum developer platform

Ethereum developer platform Tenderly closed a $15.3m Series A funding round led by Accel with additional participation from existing investors including Version One.

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Last year large-scale breaches increased by 300%

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