E-commerce

The Chainsmokers join funding of newly launched PayTech Pomelo

The Chainsmokers join funding of newly launched PayTech Pomelo

PayTech startup Pomelo, which aims to improve money transfers, has reportedly raised $20m in seed funding, alongside a $50m warehouse facility.

Payments processing company EBANX nets $30m round

Brazil-headquartered payments processor EBANX has netted a $30m investment from FTV Capital.

Klarna announced new partnership with shoe retailer the Dune Group

Buy now, pay later company Klarna has signed a partnership with the Dune Group as it keeps expanding.

Mox, Mastercard team to launch new tool to simplify card payment process

Hong Kong virtual bank Mox has partnered with Mastercard to introduce a new tool that allows Mox users to flip between spending on an all-in-one debit and credit card.

Mobile wallet app Yoyo Wallet raises ?12m for Series B

Yoyo Wallet raises ?12m in its Series B funding round led by Metro Group venture capital arm Horeca.
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Platinum Equity acquires PLI Card for an undisclosed amount

Global private equity firm Platinum Equity has acquired PLI Card Marketing Solutions from affiliates of the company’s founders.

What does Klarna’s mega valuation mean for the Nordic FinTech industry?

Swedish payment and shopping unicorn Klarna has become Europe's most valuable FinTech, but what does that mean for the other FinTech ventures in the Nordics?

State Bank of India backs Pine Labs with $20m investment

Indian buy now, pay later (BNPL) firm Pine Labs has secured a $20m investment from the State Bank of India, the largest commercial bank in the country.

Gift card marketplace Raise picks up $60m Series C

Gift card e-commerce platform Raise Marketplace has reportedly picked up a $60m Series C round led by Accel.

Autonomous checkouts platform Standard Cognition acquires DeepMagic

Autonomous checkout service provider Standard Cognition has acquired DeepMagic to support its own platform.

News Stories

How the world's top banks and insurers are adopting GenAI tools

How the world’s top banks and insurers are adopting GenAI tools

In recent years, the integration of generative artificial intelligence (GenAI) tools within the financial sector has seen remarkable growth. A study conducted by ORX, a leading operational risk association, reveals that 75% of the world’s major banks and insurers are now utilizing external GenAI applications in their operations.
UK-based PeppercornAI bags £3.25m for AI-driven insurance solutions

UK-based PeppercornAI bags £3.25m for AI-driven insurance solutions

PeppercornAI, an InsurTech specialising in conversational artificial intelligence, has successfully raised £3.25m.
Encompass Corporation welcomes Stuart Barnard as new CFO

Encompass Corporation welcomes Stuart Barnard as new CFO

Encompass Corporation, a pioneer in Corporate Digital Identity (CDI), has recently announced the appointment of Stuart Barnard as its first Chief Financial Officer (CFO).
Unlocking the power of KYC Portal CLM in modern due diligence

Unlocking the power of KYC Portal CLM in modern due diligence

In the complex world of finance, due diligence is essential for protecting a company’s reputation and financial well-being. As customer demands for convenience increase and regulatory scrutiny intensifies, finding a balance is more important than ever. The solution lies in an innovative tool—KYC Portal Customer Lifecycle Management (CLM). The RegTech company recently compiled a guide on its role in enhancing due diligence processes.
Apax Digital Funds backs IANS Research with new investment to boost InfoSec services

Apax Digital Funds backs IANS Research with new investment to boost InfoSec services

IANS Research, a leading provider of independent research and advisory services for the information security industry, has just secured a significant investment from Apax Digital Fund II. 

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