Tag: Bill Payments
India’s government incentivises FinTechs with 50-year interest free loans in 2024
Key Indian FinTech investment stats in 2023:
• Indian FinTech companies raised a combined $3.2bn in 2023, a 49% drop from 2022
• Indian FinTech deal...
Airbase snares $60m in Menlo Ventures-backed Series B raise
US spend software startup Airbase has secured $60m from a Series B funding round led by Menlo Ventures.
Bill payment service Ayoconnect said to raise $5m in its pre-Series...
Indonesia-based Ayoconnect has reportedly bagged $5m in its pre-Series B round to continue its goal of increasing financial inclusion.
European Banking Authority releases report on FinTech’s impact on payment sector
The European Banking Authority (EBA) has released its thematic report on the impact of FinTech on payment institutions (PIs) and electronic money institutions (EMIs) business models.
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.
Bill payments processor Noventis seals $4m debt deal
Bill payments firm Noventis has secured $4m in debt financing from Silicon Valley Bank to fuel growth of its processing platform. The Houston-based company serves more than 5,000 originators
PayPal expands financial inclusion efforts with TIO buy
PayPal is expanding its offering and reaching more users with the acquisition of bill payment company TIO Networks for roughly $233m.
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