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.
Triodos taps SurePay solution to prevent fraud, misdirected payments
Triodos Bank UK has selected SurePay’s Confirmation of Payee solution with the aim of reducing fraudulent and misdirected payments on its service.
Close to half of all transactions expected to contactless by end of 2022
A report by VoucherCodes has found 47% of all transactions are expected to be contactless by the end of 2022.
PayTech Swapi reels in £860k pre-seed to expand team
UK e-wallet platform Swapi had raised £860,000 from a pre-seed funding round that included Trampoline Ventures.
European open banking report reveals huge growth potential for the sector
A report by open banking firm Yolt Technology Services (YTS) has found that up to 40% of banking customers across the continent are not currently using an open banking solution.
BNPL firm equipifi bags $3m seed to extend market footprint
Arizona-based buy now, pay later (BNPL) company equipifi has raised $3m from a seed funding round led by New Stack Ventures.
bunq to offer mortgages in a first for European digital banks
European digital bank bunq will become the first European digital bank to start offering mortgages to its customers.
Walmart-backed Hazel to acquire Even and One
Hazel, the independent FinTech launched in partnership with Walmart and leading investment firm Ribbit Capital, has entered into an agreement to acquire FinTech platforms Even and ONE, as the company emerges from stealth.
Pocket money app for kids, Junio, lands $6m
Digital payments firm Junio, which focuses on managing children’s pocket money, has raised $6m in a pre-Series A funding round.
Pillar secures funding to improve access to credit
UK-based Pillar has raised €15.6m to tackle credit access problems experiences by immigrants.
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