Satispay becomes Italian unicorn with €320m raise
Satispay, a Milan-based payment network, has raised €320m in Series D funding, exceeding a €1bn valuation.
Rising Bank adds mortgage loans and insurance services to platform
Digital financial institution Rising Bank has expanded into the mortgage sector by offering financial solutions through its digital platform to aid homeowners with home loan options.
India unveils new digital currency, Nigeria eyes e-currency launch in October 2021
India has introduced the e-RUPI, which is a cashless and contactless digital payment system to support the global shift towards digital payments.
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.
India-based Paytm preps for planned $3bn IPO
India’s Paytm invited employees to tender equity shares in part or in full for sale in the digital payments giant’s planned initial public offering (IPO), a step it dubs as the country’s largest stock market debut ever.
Cringle reels in €800k in crowdfunding round
German peer-to-peer money transfer app Cringle has surpassed its €400,000 goal to reach a final close of €800,000 on crowdfunding site Companisto.
Healthcare payment solution Cedar raises $13m alongside launch
Patient payment solution Cedar has closed a $13m Series A, alongside the launch of its product for the healthcare sector.
BNPL firm Sunbit secures unicorn status following $130m Series D
California-headquartered buy now, pay later (BNPL) company Sunbit has achieved unicorn status after a $130m Series D brought its value up to $1.1bn.
Tink bolsters open banking offering with FinTecSystems purchase
Swedish open banking startup Tink is set to acquire German firm FinTecSystems for an undisclosed amount.
The Chainsmokers join funding of newly launched PayTech Pomelo
PayTech startup Pomelo, which aims to improve money transfers, has reportedly raised $20m in seed funding, alongside a $50m warehouse facility.