Mobile Payments

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.

FCA calls for stricter buy now pay later regulations “to protect consumers”

The buy now pay later sector may have had its best year ever in 2020, but now the UK’s top financial watchdog is calling for stricter rules “to protect consumers”.

Stripe’s valuation soars to $95bn after $600m fundraise

Online payments technology provider Stripe raised a new $600m funding round that values the company at $95bn, nearly tripling from $36bn since April 2020.

FintechOS bags $60m in prosperous Series B

London-based FinTech FintechOS has snared $60m in a Series B funding round led by Draper Esprit.

Freelancer-focused neobank Lili snares $55m in Series B round

New York-based neobank Lili has raised $55m from a Series B funding round led by Group 11.

Tred, Nium partner to launch sustainable debit card

UK FinTech Tred has teamed with B2B payments firm Nium to be the card-issuer for its new sustainable green debit card.

Micro payments service Shrap unveils pilot program to examine future of cash

A pilot program by UK micropayments firm Shrap has begun two pilot programs in Essex and Denny, Scotland to trial and test scalable solutions to help keep cash sustainable.

Novus bags FCA approval to launch sustainable banking app

UK FinTech Novus has secured regulatory approval from the Financial Conduct Authority (FCA) to launch as a company later this year.

Currencycloud, FxPro partner to launch new e-money business

Cross-border payments firm Currencycloud has partnered with global broker FxPro to offer a new e-money service called BnkPro.

Peter Thiel-backed B2B platform ShopUp inks $75m Series B

Bangladeshi B2B commerce platform ShopUp has secured $75m in a Series B funding round headed by Peter Thiel’s Valar Ventures.

News Stories

How OMNIA Token Revolutionises Trust and Staking in DeFi

How OMNIA Token Revolutionises Trust and Staking in DeFi

The $OMNIA token is emerging as a formidable contender in the cryptocurrency arena, heralding a new chapter of innovation and value. With the digital currency landscape more competitive than ever, the introduction of OMNIA token stands out with its unique value proposition. For those keen on the evolving facets of cryptocurrency, whether as investors or enthusiasts, grasping the significance of $OMNIA is indispensable.
ValidMind

ValidMind raises $8.1m in seed funding to enhance AI transparency in FinTech

ValidMind, a trailblazer in next-generation AI and model risk management for the FinTech sector, has secured $8.1m in seed funding.

NewRetirement clinches $20m in Series A to transform financial planning

NewRetirement, a financial planning platform for consumers and enterprise partners, has successfully closed its Series A funding round.
Unlocking the future of wealth: Strategies for intergenerational wealth transfer in the UAE

Unlocking the future of wealth: Strategies for intergenerational wealth transfer in the UAE

The impending great wealth transfer is poised to redefine the financial landscape of the Middle East. Kidbrooke, which offers outcome-driven analytics and data management...

New Zealand’s central bank unveils climate risk management blueprint for finance

The Reserve Bank of New Zealand – Te Pūtea Matua has taken a significant step towards fostering a stable financial system in New Zealand with the publication of a new Guidance aimed at helping regulated entities manage climate risks.

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