P2P Payments

Electronic payment group ICP acquired by investor group

Electronic payment solution provider ICP Companies Group has been acquired by Paarl Equity GmbH and Operando Partners and four other undisclosed co-investors.

Carbon Bank unveils BNPL app

Carbon Bank, a credit-led Pan-African digital bank has launched a new buy now, pay later (BNPL) web app. 

Finexio secures $23m in new investment round

Payments as a service company Finexio has netted $23m in a round led with a strategic investment from Medalist Partners, an alternative credit manager based in New York.

Trendyol secures Decacorn status following Softbank-backed funding round

Turkish e-commerce platform Trendyol has become Turkey’s first Decacorn company after recent funding of $1.5bn lifted its valuation to $16.5bn.

Marqeta widens European presence through expanded Klarna partnership

Klarna has entered 13 new European markets after it expanded its alliance with card issuer Marqeta.

Wise gears up for potential direct listing on London Stock Exchange

UK FinTech juggernaut Wise has revealed it seeking the first direct listing of a technology firm on the London Stock Exchange (LSE).

Klarna-backer QED Investors leads $20m round in Payhawk

Bulgarian expense management startup Payhawk raised a $20m funding round led by QED Investors with Earlybird Digital East also participating.

Mastercard, Bilt team to unveil new credit card to support renters

Mastercard has collaborated with Bilt Rewards to launch Bilt Mastercard - a credit card that offers no fees on rent payments.
fintech-news

Barcelona’s Verse rakes in $8.3m for peer-to-peer payments

Barcelona-based peer-to-peer payments service Verse has raised $8.3m in a Series A round of funding. The capital comes from Spark Capital, e.ventures and Greycroft Partners.

Why payment service providers must adapt to changing ecommerce market

Since the onset of the Covid-19 pandemic, there has been a huge increase in the amount of cross-border payment and ecommerce sales taking place.

News Stories

FinTech

FinTech investment sees uptick following two sluggish weeks

There was a climb in investment in the FinTech sector this week, with FinTech Global reporting on a total of $399m being raised across...
compliance

Will 2024 be the year of compliance technology?

As technologically-driven solutions continue to firmly pierce the financial industry and how it runs, the need for firms to maintain compliance amongst a deluge...
ZeroEyes joins Lloyd's Lab for pioneering InsurTech against gun violence

ZeroEyes joins Lloyd’s Lab for pioneering InsurTech against gun violence

In an unprecedented move, ZeroEyes, known for its pioneering AI gun detection technology, has been welcomed into the coveted Lloyd's Lab Accelerator program, marking a significant stride in InsurTech innovation.
Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb Personal Risk Services (PRS), known for its commitment to providing exceptional insurance services, has announced the launch of an innovative self-service Flood Insurance System.
Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint venture

Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint...

Bishop Street Underwriters, a notable entity within the RedBird Capital Partners' portfolio, has formally announced a groundbreaking joint venture with Topsail Reinsurance SPC, Ltd....

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