MoneyGram partners up with Global Money Express

Cross-border payments and money transfer company MoneyGram has inked a partnership with Global Money Express, the South Korean money transfer and payment FinTech company.

Wirecard’s CEO leaves company after search for missing €1.9bn hits a dead end

The Wirecard scandal sweeping across the European FinTech space intensified over the weekend with CEO Markus Braun leaving the company as the board says the missing €1.9bn ($2.1bn) "do not exist."

Could just have become Europe’s most valuable FinTech startup after tripling its valuation...

London-headquartered has just raised a $150m Series B funding round that saw it triple its valuation to $5.5bn, making it one of Europe's...

FinTech giant Wirecard in deep trouble after $2.1bn goes missing

German Wirecard saw its shares plunge by as much as 60% after the payment company revealed that €1.9bn ($2.1bn) was missing just as it was about to file its financial statements for 2019.

Chipper Cash closes $13.8m Series A round led by Deciens Capital and Raptor Group

Mobile cross-border money transfer startup Chipper Cash plans to hire 30 more staff members after bagging $13.8m in fresh capital.

Mastercard signs deal with Facebook to enable Brazilians to send cash via WhatsApp

As Covid-19 forces more people to look for cashless alternatives, Mastercard and Facebook have inked a deal that offers a new way to send money digitally.

iBanFirst raises €21m round despite lead investor reportedly dropping out

French FinTech iBanFirst has successfully raised €21m ($23.8m) in a Series C round, but things could reportedly have gone very differently.

Klarna has reached a record 7.85 million customers in the US partly because of...

On the back of signing multiple retail partnerships and partly due to the coronavirus, PayTech giant Klarna has announced that it has reached a record 7.85 million US customers.

MoneyGram announced partnership with Saudi Arabian Al Rajhi Bank

Cross border payment company MoneyGram has inked a strategic partnership with Al Rajhi Bank, an Islamic bank.

The 35 FinTech deals from the last week that you can’t afford to miss

Keeping up with all the comings and goings of the FinTech space is far from easy, but don't worry. We've got you covered with the deals that sent shock waves across the sector in the last week.

News Stories

Volante Technologies bags $35m in funding as it preps for big expansion plans

Volante Technologies, which offers payments and financial messaging solutions via the cloud, has bagged $35m in its latest equity round.

How a nightmare journey sparked the launch of InsurTech Air Doctor

Travelling is often synonymous with finding oneself and not launching new businesses. However, an illness-ridden holiday led to the launch of Air Doctor, a travel InsurTech.

The 22 companies to make the FCA’s sixth regulatory sandbox

The UK’s Financial Conduct Authority has named the 22 companies to be make the sixth cohort of its regulatory sandbox.

userlane said to secure €10m in a Series B round

Digital adoption software platform userlane has reportedly secured a €10m Series B round to support its European expansion.

iwoca said to raise £100m as it looks to increase loans issued under the...

Small business loan provider iwoca has reportedly raised £100m in funding to increase its capabilities as a Coronavirus Business Interruption Loan Scheme (CBILS) provider.