B2B fintech Sequence lands $19m seed funding
The round was led by US venture capital firm Andreessen Horowitz.
The round was led by US venture capital firm Andreessen Horowitz.
In his new role, Ronen will lead Payoneer’s newly created platform division.
Noble plans on using the new funding to hire new team members and aid product development.
Copper will utilise Fenergo’s tech to onboard “increasingly complex” client ownership structures.
Piangerelli will oversee all aspects of technology including engineering, architecture and infrastructure.
Capita says the deal will help lower the firm’s debt and provide additional liquidity.
John Barker has been named as the firm’s new CEO, with Peter O’Connor taking on the role of COO.
Banc of California paid $24 million for the acquisition, with 70% in cash and 30% in stock.
Businesses are foggier on the cost of their credit card payments than any other payment type.
Denim automates invoicing, collections and payments, claiming to reduce daily payments and collections tasks by 75%.
The start-up has raised $11 million in venture funding and $400 million in a credit facility.
Interactive Transaction Solutions (ITS) is a business-to-business (B2B) payment gateway.
The start-up has raised $300 million in a credit facility and $16.1 million in seed funding.
The funding will be used towards building its business account and expanding across Southeast Asia.
The new funding will be used to increase Kafene’s employee headcount and onboard more merchants onto its platform.
It will provide financial solutions via digital banking apps, embedded finance and as Banking-as-a-Service.
Revolut Pay is already being used by merchants including Shopify and WH Smith.
Allied Bank will support merchant and business acquisitions and enable payments in-store, online and in-app.
Once the acquisition is complete, Renovite will become part of JP Morgan Payments.
The acquisition will equip FNZ with additional wealth management product and service solutions.
Ravi Venkatesan will take over as CEO with Sean Feeney set to retire at the end of September.
Our weekly fintech round-up for you to get the latest funding news from around the world.
A handy round-up of the recent funding endeavours of fintech companies across Europe.
Streetman will be tasked with leading the company’s culture, strategy, operations and expansion plans.
The new money will be used to expand its go-to-market efforts and accelerate product innovation.
Barker brings more than 25 years’ worth of experience in the technology space to the role.
The funding will be used to “improve financial access” for Mexican businesses.
The debt funding will be complemented by a seed equity round that Plurall is currently raising.
Clappison joins from Virgin Money, having also previously worked at TSYS and Newcastle Building Society.
Rohde joins from Swisscard, a joint venture between American Express and Credit Suisse.
The new digital bank for small businesses will operate as a separate entity under Liberty Bank.
The app will be tested by Dutch department store HEMA from mid-September in three of its stores.
Together, the firms also have plans to expand into new markets such as India and Singapore.
Moneyflow says the facility will help accelerate the rollout of its embedded finance services.
The round was led by FTV Capital, with existing investor Headline also participating.
ING says it evaluated all options and concluded it is “not feasible to achieve its ambitions with Yolt”.
A fintech funding round-up featuring three start-ups from Europe.
A handy round-up of the recent funding endeavours of fintech companies across Africa.
The capital facility will enable the bank to lend an additional £250m to British agriculture firms through to 2023.
The founders and employees of both companies will be joining Huspy.