Mox bolsters banking offering with new BNPL service
Hong Kong virtual bank Mox has introduced a new buy now, pay later (BNPL) solution that can split purchase payments over a 36-month period.
Ex Virgin Money chief-founded FinTech Snoop hauls in $20m to fuel expansion
UK-based FCA-regulated money management app Snoop raised £15m ($20.87m) in Series A funding round to support global expansion.
Ritmo bags €13.8m seed funding to scale into new markets
Spanish FinTech firm Ritmo has raised €13.8m from a seed funding round led by JME Ventures.
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.
Catch bags Series A to enhance its independent worker-focused benefits app
Catch, a portable benefits platform for independent workers, has scored $12m in its Series A round, which was led by Crosslink Capital.
EmergeVest backs world’s first neobank targeted at women entrepreneurs
Hong Kong-based private equity firm EmergeVest has invested into Lucy, the world’s first neobank aimed at women entrepreneurs.
Token driving UK open banking payments expansion, research finds
Market share statistics by CMA9 – the nine largest UK banks – has found open banking platform Token is driving the adoption of open banking payments in the country.
Goldman Sachs, Fiserv team to unveil B2B payments facility
US FinTech firm Fiserv and Goldman Sachs have introduced their first product offering from its ongoing strategic partnership.
African neobank Kuda inks $55m at a $500m valuation to take on incumbents
London-based, Nigerian-operating startup Kuda closed a $55m Series B co-led by Valar Ventures and Target Global at a valuation of $500m.
Invoicing app for creators Lumanu bags $12m in Series A funding
Lumanu has bagged $12m in its Series A funding round to help further the development of its platform that simplify payment collection for creators.
