20 FinTech rounds from last week you can’t afford to be unaware of

FinTech companies, RegTech ventures, InsurTech startups and challenger banks raised money in the last week. This is what you can learn from the 20 FinTech rounds we reported on.

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.

Curve warns customers of “temporary disruption” as it deals with the Wirecard fallout

Payment startup Curve has warned its customers that their services will be disrupted because of the Wirecard scandal having prompted the Financial Conduct Authority (FCA) to freeze all of the payment giant's assets.

Global online micro-transaction market to be worth $37.61bn by 2030 because of Covid-19

The micro-transaction market is set to skyrocket in the next ten years because more people turn to gaming as part of them coping with the coronavirus, according to new research.

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...

One Equity Partners appoints former CEO of controversial FinTech startup Mozido as new operating...

The former boss of beleaguered mobile payments and commerce company Mozido has joined private equity firm One Equity Partners as its new operating partner.

Ayannah merges with ECAP to launch new pan-Asian company

Philippines-based Ayannah and India-based Electronic Cash and Payment Solutions (ECAP) have merged to create a pan-Asian company.

Fincy receives $11m capital injection from parent company GBCI to grow across Asia

E-wallet company Fincy has revealed that it has filled its coffers with an additional $11m power boost to launch its South-East Asia.

Global payment as a service market to be worth $25.7bn by 2027

Digital transformation and changing consumer demands are driving the maturation of the global payment as a service market at an expected compound annual growth rate of 16.9% in the next seven years.

News Stories

Lloyds Bank taps Minna Technologies and Visa for new digital bank subscription management tool

Lloyds Bank has announced that its customers will soon be empowered to better view, manage and amend their subscriptions through its banking app.

Opera to acquire digital bank Fjord Bank

Browser provider Opera is looking to buy challenger bank Fjord Bank in a bid to further accelerate Opera's European FinTech operations.

FinTech unicorn Marqeta prepares for IPO

Rumours about Marqeta going public have found new energy as sources say the payment card issuing startup is in talks with investment banks for an initial public offering (IPO).

Wirecard’s Dublin office raided by police

Irish police raided failed payments technology giant Wirecard's Dublin offices at the end of last week.

Nicolas Weng Kan has been named as smart money app Yolt’s new CEO

Nicolas Weng Kan, the former Google Compare and Confused.com CEO, has been named as the new head honcho of smart money app Yolt.