Tag: Banking Platform
Kindcard explores potential acquisition of OpenTransact
Kindcard, which offers of an innovative 'Closed-Loop' payment solutions through its subsidiary Deb, has recently entered a letter of intent to potentially acquire OpenTransact (also known as Acepay, Inc.).
European PayTech deal activity falls by 61% YoY as large deals...
Key European PayTech investment stats in Q3 2023:
• PayTech deal activity reached 17 transactions in Q3 2023, a decline of 61% from last year’s...
FinTech companies account for 20% of new unicorns in September 2023
Overall there were five new unicorns announced across all sectors in September 2023 with one being FinTech, a 20% share of new unicorns.
Kin Insurance,...
German banking platform solarisBank swipes €26.3m
German banking platform solarisBank has raised €26.3m in a Series A funding round after just a year in business. Arvato Financial Solutions and Japanese banking firm SBI Group led the round.