P2P Payments

Ascend Money becomes first Thai FinTech unicorn after $150m funding haul

Ascend Money has raised $150m in funding to become the first Thai unicorn at a $1.5bn valuation.

The two PayTechs merging to create a global processing powerhouse

Global issuer processors Paymentology and Tutuka are merging to create the first global issuer-processor that will cover 49 countries worldwide.
Ping

PayTech platform Ping scores $15m

Ping, a global payment platform for freelancers and contractors, has netted $15m in a seed funding round. 
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PayTabs said to bag $20m in latest fundraise

PayTabs has reportedly bagged $20m in its latest funding round to support its expansion.

South Korea’s Toss raises $80m

Viva Republic, the company behind South Korean payments app Toss has raised $80m in a funding round valuing the business at $1.2bn. Toss' peer-to-peer money transfer...

Recurly closes $19.5m funding round led by F-Prime Capital

The California-based subscription billing platform Recurly has closed a new funding round led by F-Prime Capital, the venture capital firm.

MoneyGram International signs partnership with Suez Canal Bank

The cross-border payments and money transfers company MoneyGram International will strengthen its grasp of the Egyptian market through its new partnership with Suez Canal Bank.

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.

Move over Klarna, Checkout.com just became Europe’s most valuable FinTech

Payments solutions provider Checkout.com has closed a $450m Series C funding round at a $15bn valuation, making it Europe's most valuable venture-backed FinTech.

IntellectEU launches AI platform to bolster wealth management personalisation

Belgian IT company IntellectEU has introduced VELMA, an AI platform that allows financial advisors to offer ‘hyper-personalisation’ in the wealth management sector.

News Stories

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud, a leading innovator in the Staffing Industry known for its advanced automation and AI-driven solutions, has announced a groundbreaking partnership with Immediate, a forward-thinking provider of pay access solutions.
Marqeta powers Rain's new debit card for seamless wage access

Marqeta powers Rain’s new debit card for seamless wage access

Marqeta, a global modern card issuing platform, has partnered with Rain, a financial wellness benefits provider that assists companies in giving employees greater control over their finances.
Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies, a leading RegTech company, has teamed up with HSBC Expat, a branch of HSBC Bank specialised in services for expatriates, excels in offering tailored banking solutions across the globe.
FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.

FinTech funding flourishes amid diverse week for deal activity

FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.
Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna, an AI-powered global payments network and shopping assistant, and Milkywire, an environmental impact platform, have launched the Nature Transformation Fund.

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