Holvi cards suspended because of the Wirecard scandal
Holvi, the digital banking platform for freelancers, has become the latest FinTech firm to be swept up in the Wirecard scandal.
KBC is the lastest bank to accept payments through wearable technology
Belgian bank KBC is from now on enabling its customers to use wearable technology to conduct contactless payments.
TerraPay partners with Visa to develop payment solutions that drive financial inclusion
TerraPay, the payments infrastructure company, and Visa have formed a strategic partnership to develop and deliver payment solutions to drive financial inclusion.
Healthcare payments app Cedar nets $102m in its Series C round
Cedar, a FinTech helping to simplify the financial experience for patients, has netted $102m in its Series C round, which was led by Andreessen Horowitz.
Online payment technology developer SYNQA closes $80m Series C
Thailand-based SYNQA, which designs online payment and blockchain technology, has raised $80m in its Series C round.
Wirecard’s CEO leaves company after search for missing €1.9bn hits a dead end
The Wirecard scandal sweeping across the European FinTech space intensified over the weekend with CEO Markus Braun leaving the company as the board says the missing €1.9bn ($2.1bn) "do not exist."
Could Checkout.com just have become Europe’s most valuable FinTech startup after tripling its valuation...
London-headquartered Checkout.com has just raised a $150m Series B funding round that saw it triple its valuation to $5.5bn, making it one of Europe's...
FinTech giant Wirecard in deep trouble after $2.1bn goes missing
German Wirecard saw its shares plunge by as much as 60% after the payment company revealed that €1.9bn ($2.1bn) was missing just as it was about to file its financial statements for 2019.
Chipper Cash closes $13.8m Series A round led by Deciens Capital and Raptor Group
Mobile cross-border money transfer startup Chipper Cash plans to hire 30 more staff members after bagging $13.8m in fresh capital.
APEXX Global reportedly secures $8m in its Series A
Payments service provider APEXX Global has reportedly closed an $8m Series A round which brings the company’s total equity raised to $12m.