Why FinTechs are helping to democratise corporate remittance

A recent blogpost by Currencycloud has detailed how the FinTech sector is helping to level the playing field in the corporate remittance market.

Airwallex hits $4bn valuation after second investment round this year

PayTech unicorn Airwallex has been valued at $4bn following the close of an oversubscribed Series E round, which comes just months after it closed a Series D extension.

Utah based payment company Clicklease hauls in $63m in Series A Funding

UT-based FinTech company providing payment solutions in the commercial equipment space Clicklease raised $63m in Series A funding led by Sandlot Partners.

UK contactless payment limit set to climb to £100 by October 2021

People in the UK will be able to make contactless payments up to a new limit of £100 from the 15th of October 2021.

Fiserv, Selecta partner to bolster cashless payments footprint in EU

FinTech firm Fiserv has collaborated with self-service retailer Selecta to enhance and streamline digital payments across Selecta’s points-of-sale.

Brex-rival Ramp more than doubles valuation to $3.9bn after Thiel’s Founders Fund-led round

FinTech startup that offers corporate cards and software for managing employee expenses Ramp valued at $3.9bn after a $300m funding round led by billionaire Peter Thiel’s Founders Fund.

Zepz looks to new geographies following $292m Series E

UK cross-border payments platform Zepz has secured $292m from a Series E funding round that has pushed its valuation up to $5bn.

Revolut unveils earned wage platform to provide instant money access

UK FinTech firm Revolut is set to launch Payday, an earned wage access platform that will enable employees to track and have instant access to the money they have earned.

Boku eyes simplified mobile payments market with new network launch

Carrier billing business Boku has unveiled a mobile payments network that it claims will reach 5.7bn payment accounts in 90 countries.

M-DAQ receives $147m investment from private equity firm

M-DAQ, a Singapore-based currency tracer, has received a SGD 200m ($147m) investment from Asia-dedicated private equity firm Affinity Equity Partners.

News Stories

FTC study highlights internet provider failings to protect consumers

A study published by the Federal Trade Commission (FTC) has found that internet service providers (ISPs) are failing to disclose to consumers how they are protecting their privacy.

Extend snares $40m from March Capital-led Series B

Digital payments infrastructure platform Extend has secured $40m from a Series B fundraising round.

10 month old FinTech reaches $210m valuation after Series A close

Zolve, a banking platform aimed at helping immigrants build financial futures, has closed its Series A on $40m, raising its valuation to $210m.

Cloud Insurance and Safely: Redefining insurance in the Nordic region

As more insurance companies look towards technology, partnering with tech companies is the only way forward. Now, Cloud Insurance and Safely have joined forces with the aim to redefine insurance in the Nordic region.

Global InsurTech Funding already set a new annual record just nine months into the...

InsurTech companies raised $9.1bn across 364 deals in the first three quarters of the year driven by large transactions over $100m

See how insurance firms can use it to personalise their offering

Did you know that by 2025, almost 30% of all data created, captured, or replicated by consumer devices will be created in real-time.

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