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.
PayTech platform Ping scores $15m
Ping, a global payment platform for freelancers and contractors, has netted $15m in a seed funding round.
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.