Zaver banks $5m to facilitate cardless and BNPL payments in the durables sector

Zaver, a Swedish FinTech enabling merchants to accept cardless payments and offer buy-now-pay-later (BNPL) services, raised $5m in new funding.

Why SumUp and Stripe took centrestage among the 41 FinTech investment rounds last week

Of the 41 FinTech investment deals last week, companies in three sectors, in particular, proved to be exceptionally successful as the list of FinTech unicorns continues to grow.

Brim Financial rakes in $25m through Series B funding round

Canadian FinTech and certified credit card issuer Brim Financial secured $25m in a Series B round co-led by Desjardins Group and EPIC Ventures.

Axis Bank rolls out wearable contactless payment device Wear ‘N’ Pay

In a bid to encourage the mainstream adoption of cashless transactions, India-based banking group Axis Bank launched its own range of wearable contactless payment devices, called Wear N’ Pay.

Nigerian FinTech firm Flutterwave lands unicorn status after $170m funding

Africa-focused FinTech company Flutterwave has raised $170m in a Series C round pushing the company’s valuation at more than $1bn.

Paytm transforms android phones into contactless card payment machines with new launch

India-based digital payments provider Paytm to allow merchants and retailers use an Android phone as a payments machine for near field communication credit and debit card payment transactions.

Hellenic Bank teams up with Backbase to launch retail banking app

Cypriot bank Hellenic Bank launched new online retail banking platform, built in partnership with Engagement Banking technology provider Backbase.

FinTech AeroPay scores $5m in funding to support payments in cannabis industry

Digital payments platform AeroPay closed a $5m funding round led by Chicago Ventures.

TerraPay expands to USA and Canada to ease real-time cross-border payments

Digital payment provider TerraPay will now offer real-time bank payments in the USA and Canada to facilitate better cross border remittances.

FinTech startup Revolut launches banking operations in ten additional countries

Global money-transfer platform Revolut has operationalised its European specialised banking licence in ten additional countries.

News Stories

How Ideagen’s three pillars have helped it become a major force in compliance

People, product and customers are Ideagen’s three pillars that have helped it become a tour de force in the compliance space, with it spanning 18 countries and 6,000 clients.

OpenEnvoy snags $6.5m to help companies avoid fraud

SaaS FinTech eliminating AP fraud with automation OpenEnvoy secured $6.5m led by Riot Ventures to expand its automated invoice auditing capabilities.

Ikano taps TruNarrative to support global fraud prevention strategy

Swedish bank Ikano has chosen UK RegTech platform TruNarrative to provide digital onboarding and fraud risk management services for its company.

SmartStream expands global reach with cloud-native AI service launch

Transaction lifestyle management provider SmartStream Technologies has boosted its global footprint with the launch of SmartStream Air version 3.

SumUp collaborates with ZSL on new contactless fundraising tech

UK-headquartered FinTech SumUp has partnered with the Zoological Society of London (ZSL) to develop a digital in-house fundraising technology to make contactless donations.
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