Promise closes $20m Series A to support its goal of updating government payment systems

Payment technology developer Promise has scored more than $20m in its Series A round which will help its goal of bringing update government payment systems.

Gravy closes Series A round to support growth of its platform for failed payment...

Gravy, which provides failed payment recovery services, has closed its Series A on $4.5m.

Buy now pay later startup Tillit to raise €2.5m as sector heats up

Norwegian FinTech startup Tillit is apparently about to raise €2.5m in a new funding round just as the buy now pay later industry is heating up.

PayZen comes out of stealth with more than $5m in equity funding

PayZen, which creates individualised payment plans, has come out of stealth alongside a $5m seed investment.

Israel-based UNIPaaS closes its first external batch of funding

UNIPaaS, which provides payment services to digital marketplaces, has closed its first external funding round.

Ramp secures debt after claiming to be fastest corporate credit card company to reach...

Ramp has received a debt facility from Goldman Sachs to further the growth of its corporate credit card.

Breaking: Klarna’s CEO diagnosed with Covid-19

Klarna's CEO and co-founder Sebastian Siemiatkowski has been diagnosed with the coronavirus and now urges the Swedish government to step up its fight against the pandemic.

Mesh Payments said to raise $13m in funding round

Mesh Payments, which claims to be transforming corporate payments, has reportedly scored $13m in funding.

Stripe and Max Levchin back Balance’s $5.5m seed raise

B2B payments FinTech Balance has secured $5.5m in seed capital from Stripe, Tal Morgenstern of Lightspeed, and Max Levchin through his SciFi VC.

Routefusion bags $3.6m to aid its product expansion

Routefusion, which enables companies to embed cross-border payments within their applications, has scored $3.6m in its seed round. Silverton Partners served as the lead investor,...

News Stories

Cybersecurity company Armorblox closes $30m Series B

Cybersecurity company Armorblox has closed its Series B round on $30m, as it looks to grow the size of its team.

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.

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