Razorpay seeks to double its valuation to $2bn via plans to secure up to...

FinTech startup Razorpay is reportedly in talks with existing investor Singapore investment fund GIC to raise circa $150m to $200m in a new financing round.

Mobile payments platform RecargaPay secures $70m to smoothen digital financing

Brazil-based mobile payments company RecargaPay has raised $70m with the aim to further develop its payment platform.

MoneyGram steps back from partnership with Ripple over SEC lawsuit

Remittance firm MoneyGram suspends trading on Ripple’s payment platform, RippleNet, citing the ongoing $1.3bn lawsuit filed by the U.S. Securities and Exchange Commission (SEC).

Google Maps to enable street parking and ride payments

Google Maps will enable street parking and transit payments.

Monzo teams up with TrueLayer to create an open banking-powered gambling block

Challenger Bank Monzo and fintech firm TrueLayer have entered into a partnership to protect customers using new payment methods to remit money when gambling.

Revolut introduces QR code payments solution

Challenger bank Revolut has introduced a QR code payments solution for small businesses.

Israeli bank launches digital wallet FibiPay to boost online payments

With an aim to disrupt and digitise the payment sector, the First International Bank of Israel launched new mobile wallet app, FibiPay.

IKEA forays into banking sector with a 49% stake in Ikano Bank

Expanding its business into other areas, Swedish furniture giant IKEA has entered the banking space by acquiring a 49% stake in Ikano Bank.

BharatPe valued at $900m after $108m Series D round

Accelerating its journey to becoming a unicorn, Indian QR-based payment firm BharatPe has reportedly raised $ 108m in a Series D equity round.

What do these 36 FinTech rounds raised in the last week reveal about the...

WealthTech and cybersecurity enterprises were among the FinTech businesses that closed investment rounds in the last seven days. Companies operating in the WealthTech, cybersecurity, RegTech,...

News Stories

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.

Just one in ten managers understand the extent of the Federal Family and Medical...

Worryingly, only 11% of manager understand the extent of the Federal Family and Medical Leave Act (FMLA), potentially leaving businesses open for law violations.

Do you know which are the leading RegTech companies in each sector?

Find out in the Global RegTech Buyer's Guide for 2021

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