WeGift secures an $8m Series A extension to increase product development

WeGift, which enables businesses to reward customers with gift cards, has collected $8m in its Series A extension.

Zilch secures FCA authorisation as it aims to take on Klarna and Afterpay

Buy now pay later startup Zilch has secured a consumer credit authorisation with the Financial Conduct Authority (FCA), which could be a first for the London-based venture.

Do these 34 FinTech funding rounds suggest Covid-19 influences investment trends?

Fraud-fighting RegTechs and digital payment providers were among the 34 rounds raised by the FinTech industry last week, areas that are becoming more important during the pandemic.

Aya launches from stealth after closing seed round

Aya, which builds payment solutions, has reportedly launched out of stealth after the close of a $2.9m seed investment.

Forter cements unicorn status on the back of $125m Series E round

Fraud fighting RegTech Forter has raised $125m in Series E funding and has achieved a $1.3bn valuation in the process.

Chipper Cash picks up $30m in raise backed by Jeff Bezos

Just a few months after its latest raise, Chipper Cash has now added another $30m to its coffers in a raise backed by Jeff Bezos' private VC fund Bezos Expeditions.

Juni bags €2m in seed funding

Swedish FinTech Juni has secured €2m in a seed round led by venture capital firm Cherry Ventures.

PayPal Ventures invests £9m into Modulr

Payments provider Modulr has added another £9m to its coffers on the back of an investment from PayPal Ventures, which will fund the scaling of the business.

Marqeta to serve as Uber’s card issuing partner

Uber has taken another step into the FinTech space by entering into a card-issuing partnership with Marqeta.

How JCB Contactless’ new results add to the argument that Covid-19 has made cashless...

While the past few years have seen more consumers embrace digital payments, it seems as if the coronavirus pandemic has made the cashless society even closer than ever.

News Stories

Coinbase responds to racism and discrimination allegations

Coinbase has been accused of having created a culture fraught with bullying, racism and discrimination against black people in a new exposé from the New York Times.

A third of consumers feel unable to spend as much on Christmas this year

A third of UK adults have admitted they feel unable to spend as much on Christmas this year, according to a study from Yolt.

Almost 90% of consumers haven’t finished Christmas shopping as concerns of online shopping still...

Nearly 90% of people have not completed their Christmas shopping yet, as the pandemic puts pressures on families, research from Klarna claims.

The first quarter of 2020 saw the highest number of large RegTech deals as...

The top ten RegTech deals in the first nine months of 2020 raised in aggregate $1.8bn, making up 38.2% of the total funding in the sector for the period.

Over two fifths of health insurers still lack a consumer facing app

Only 42% of health insurers in Europe have a consumer facing app, despite the rising importance of digitalisation, according to a new whitepaper from Scanbot.

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