Payments platform LinkAja closes $100m Series B

Indonesia-based LinkAja has reportedly received a $100m Series B round, which was led by Southeast Asia ride-hailing giant Grab.

Neobanks and InsurTech startups among the 23 FinTechs raising money last week

Challenger banks and InsurTech ventures stood out among the 23 FinTech companies that successfully raised money last week.

XTransfer said to raise its Series C1 round

China-based XTransfer has reportedly raised a Series C1 round to help the FinTech extend its global financial network.

Silverflow bags €3m round to help prepare for its 2021 launch

Global payments technology developer Silverflow has closed a €3m investment to support its launch in 2021.

ShopUp collects $22.5m in new funding

Dhaka-headquartered ShopUp has raised $22.5m in what could be the biggest Series A funding round ever in India.

Visa buys stake in Global Processing Services

Payment giant Visa has made a strategic investment into Global Processing Services (GPS), a payments issuer processor.

Finexio secures $23m in new investment round

Payments as a service company Finexio has netted $23m in a round led with a strategic investment from Medalist Partners, an alternative credit manager based in New York.

The transforming retail space to grow digital payments market to be worth $154.1bn by...

The digital payment industry is set to grow to be worth $154.1bn by 2025, according to new research.

Marqeta extends partnership with Mastercard alongside fresh investment

Card issuing company Marqeta has received an investment from Mastercard, alongside a deepening of their global partnership.

Paynetics buys Wirecard’s corporate card portfolio

FinTech Paynetics has acquired the corporate payout card portfolio of Wirecard UK and Ireland.

News Stories

IDnow could have achieved “game-changing” first with new AI identity verification product

RegTech IDnow has unveiled its new identity verification product AutoIdent Substantial.

Global cyber insurance market’s revenue expected to reach $70.67bn in 2030

The global cyber insurance market's revenue is expected to grow at a massive 26.3% compound annual growth rate in the next ten years to reach $70.67bn in 2030.

Executives plan to increase cybersecurity budgets

New PwC research reveals executives plan to invest more in cybersecurity as the fallout of the pandemic makes hack attacks more likely.

Web application hack attacks jumped by 800% in the first six months of 2020

New research reveals that web application attacks increased by 800% between January and June in 2020, compared to the same period in 2019.

Revolut is expanding Revolut Junior so more adults can control children’s finances

Revolut has added the option for a second parent to supervise children's Revolut Junior accounts.

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