Payments & Remittances

Payments & Remittances

Plastiq pulls in $27m in Series C led by Kleiner

Online bill payments platform Plastiq has closed its Series C round on $27m, just months after pulling its previous round.

FinTech investor BlueRun closes smallest fund in 20-year history

BlueRun Ventures has closed the smallest fund in the firm's 20-year history by pulling in $130m for BRV VI.

US PayTech raises $88m funding round

Business payments software platform has raised $88m in a funding round lead by Franklin Templeton, bringing its total amount raised to $275m. The US-based investment...

Remitly latest funding round brings in $220m

Generation Investment Management has led a $135m Series E equity funding round for money transfer startup Remitly, as the business takes in a wider tranche of financing.

Starling Bank enters “rocket ship mode” as the FinTech firm forecasts it will break...

Anne Boden, founder and CEO of Starling Bank, believes the challenger bank will break even by the end of next year as the company has doubled its users since 2018.

Amazon’s India head tells the country to slash e-commerce red tape

If India wants to revive its economy, then it should make it easier to sell things online, according to a top Amazon executive.

AI-powered shopping cart Caper closes $10m Series A

Caper, an AI-powered shopping cart which aims to foster the grab-and-go retail experience, has collected $10m in its Series A.

Rapyd could be nearing “unicorn territory” after bagging $100m in Series C investment round

Payments company Rapyd has secured a $100m Series C funding round led by Oak HC/FT, the healthcare and FinTech investor.

AZA Group collects $15m to support growth in Africa

AZA Group, which is the parent company of FinTechs BitPesa, TransferZero and BFX, has collected $15m in debt financing from The Development Bank of Southern Africa.

Social media platform TikTok taps into social commerce

TikTok, the social media platform famous for its short video snippets, is opening up the network to e-commerce.

News Stories

Curve makes bid for £10m grant from the BCR Capability and Innovation Fund

UK FinTech Curve has made a bid for a £10m grant in order to upgrade SME financing during the pandemic.

Email security startup IRONSCALES scores $8m in Series B round

IRONSCALES, a self-learning email security solution, has scored $8m in its Series B round to support its rapid growth plans.

End-to-end cybersecurity solution Oomnitza closes its Series B on $12.5m

Oomnitza, which helps companies to secure and manage their digital presence, has closed its Series B round on $12.5m.

Clara Insurance rebrands to Brella after extending its seed round

Clara Insurance has rebranded to Brella Insurance, in tandem with the close of a $1.5m funding round.

High Court slams Avacade and Alexandra Associates with £10.7m fine

The UK High Court has ordered pension introducers Avacade, Alexandra Associates and their directors to pay £10,7m restitution to consumers.