Pleo collects $16m in its Series A led by Kinnevik

Payment card provider Pleo has collected $16m in its Series A round led by Stockholm venture firm Kinnevik.

India-based Slice said to close $5.2m debt facility

Slice, a payments app for millennials and generation Z in India, has reportedly closed a $5.2m debt facility to increase its lending capacity.

Mazkara Internet buys Indian app startup BazingaLabs

Mazkara Internet has acquired mobile technology startup BazingaLabs, which has developed an app for users to find and book experiences, in a part equity, part...

Zilch exits stealth on the back of $10m round and now plans to give...

London-based FinTech Zilch has raised $10m to fund the rollout of its buy now, pay later platform, aiming to compete with companies like Klarna and Afterpay.

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.

Flutterwave closes $35m Series B round

San Francisco and Lagos-based Flutterwave aims to beef up its technological and business muscles on the back of its new $35m Series B round.

Indonesia’s PAYFAZZ raises $53m in its Series B

Indonesia-based PAYFAZZ has reportedly raised $53m in its Series B round which was led by B Capital Group and Insignia Venture Partners.

Customers accuse Curve of incurring higher fees by sending them corporate cards they didn’t...

UK FinTech is facing criticism again after customers received cards with higher fees than what they asked for.

soCash takes $600,000 to replace ATMs

Singapore-based soCash has raised $600,000 to let users get cash from shops rather than ATMS. The investment comes from angel backers in the banking and tech industries.

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.

News Stories

How will Brexit affect wealth management regulations?

Brexit could change the realities of wealth management and how WealthTech companies can navigate the new realities is something Zaliia Gindullina, head of business development at Kidbrooke, discussed in a recent podcast.

Napier to supply AML and CFT services to Australia Post

London-based intelligent compliance technology developer Napier has been chosen by Australia Post to support its anti-money laundering (AML) and counter-terrorism financing (CTF) services.

Insider dealer ordered to pay £3.9m

Having been found guilty of inside trading in June 2019, a former day trader has now been ordered by Southwark Crown Court to pay £3.9m via a consent confiscation order.

Personio reaches $1.7bn valuation after closing $125m funding round

HR software platform Personio has reached a $1.7bn valuation following the close of a $125m funding round.

Digital wallet spend to exceed $10trn by 2025

The total spend via digital wallets will exceed $10trn in 2025, according to new research from Juniper Research.
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