Plastiq has raised a $75m Series D round
Credit card payment company Plastiq has attracted $75m in fresh capital to grow its team, develop more solutions and help small businesses to pay their suppliers, which may be getting trickier during the coronavirus crisis.
Nearly 80% of Payments & Remittances investment since 2015 has come from transactions over...
Total funding in the sector over the last five years surpassed $66bn as digital payment methods become more common.
How the coronavirus will affect different segments of the FinTech industry
As COVID-19 rages on across the world, the affects on the FinTech segment of the economy is already letting itself be known.
FinTech unicorns and startups to face a coronavirus-created “vicious cycle” that could slash their...
The global COVID-19 outbreak could worsen business and funding conditions as well as changing private FinTechs’ exit options, according to a new report.
This is how internet payment methods differ around Europe
While the UK and France may prefer credit cards and e-wallets, the rest of Europe would rather pay other ways when buying things online.
Wirecard and Klarna ink new deal to give merchants even more payment options
Swedish PayTech unicorn Klarna and Wirecard, the FinTech company, have launched a joint payment solution.
QRails bags $8m in Series A with plans to open an office in Sydney
QRails, a cloud-based payments processor, has netted $8m in its Series A round led by EFM Asset Management.
Ant Financial Group takes minority stake in Swedish unicorn Klarna in new deal
Alibaba’s payment arm has bought a minority stake in Klarna as the Swedish FinTech looks to grow its global reach.
Eight FinTech and RegTech companies you missed at Sthml Fintech Week
From: RegTech Analyst
The Nordics’ FinTech scene is buzzing with potential, which was evident by the trailblazing companies recently attending Sthlm Fintech Week.
The Stockholm event was full...
Klarna’s global revenue jumped by 31% in the last year
Swedish Klarna became Europe’s most valuable private FinTech unicorn in 2019 and has kept on growing since.
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How the coronavirus has affected the RegTech industry
The coronavirus has forced the global economy to grind into a halt. While the RegTech industry is not left unscathed, there are opportunities for those that look.
Neobank HM Bradley has officially launched
The US-based digital bank HMBradley has officially launched its services for the thousands of would-be users on its waitlist.
The FCA reminds banks that not all their employees need to be at the...
The Financial Conduct Authority (FCA) has told banks, building societies and credit unions that they need to carefully consider which of their workers should be able to work remotely in order to deal with COVID-19 appropriately.
Monzo’s founder won’t take out any salary for 12 months to help the company...
UK challenger bank Monzo has taken additional steps to protect the business against the pandemic-induced financial downturn. And it's not alone.
FinTechs could see rise in customers following the coronavirus pandemic
While FinTechs might be fearing the impact of the coronavirus on their business, it might actually be a beneficial thing for them, a study from financial advisory firm deVere Group claims.