SumUp lands €1.5bn private credit debt deal led by Goldman Sachs
The latest funding brings the total amount raised by SumUp since its inception in 2012 to over €3.2 billion.
The latest funding brings the total amount raised by SumUp since its inception in 2012 to over €3.2 billion.
Nominations for the Banking Tech Awards 2024 are now officially open to companies worldwide!
Barclays was a bidder for the programme back in 2020 before Capital One eventually sold it to Goldman.
Alternative data sources will be key to ensuring the future of credit is affordable, inclusive, and accessible.
Learn how to harness digital-first, on-demand banking to increase bottom lines.
We are delighted to share with you the shortlist for FinTech Futures’ PayTech Awards 2024.
Shiliashki has previously held leadership roles at industry giants including PayPal and Mastercard.
The new offering will also include deposit accounts and automation tools for bill payments.
The former Bank of America exec is to lead Nium’s strategy in the newly-created role.
Synapse previously filed for Chapter 11 voluntary bankruptcy and laid off over 50% of its workforce last year.
The sustainability spending fintech is to integrate the DoneGood marketplace into its company ratings platform.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Our pick of the top fintech news stories this week includes Klarna, Ramp, Zopa and more.
The Berlin-based fintech now seeks to expand its cards-as-a-service product to markets beyond the EU.
The US is set to be Klarna Card’s fourth market of entry, following earlier launches in Sweden, Germany and the UK.
The round adds to the $300m Ramp raised in its Series D round in August 2023 at a valuation of $5.8bn.
Following the recent fundraise, Flatpay’s valuation has now surpassed €100 million.
Our pick of the top fintech news stories this week includes Linqto, HSBC, Santander and more.
The challenger has leveraged Starling’s BaaS platform Engine to power the launch of its digital offering.
The partnership will be focused on “bringing together digital payments and loyalty for M&S customers”.
The deal for Petal is expected to close later this quarter for an undisclosed sum.
The bank is delivering the cards using Corserv’s account issuer programme.
The bank says its latest offering will be launched fully “in the coming weeks”.
US-based Arroweye will support BankPro’s card programme with its on-demand production model.
The company plans to use the new cash injection to fuel its US expansion plans.
The bank has tapped its partner’s IDEX Pay solution to install fingerprint sensors into its physical card offering.
The company stopped accepting applications for new cards on 1 April.
Rakuten is discussing plans to integrate all its fintech units, including Rakuten Bank, into one unified entity.
Our pick of the top fintech news stories this week includes Robinhood, Mastercard, Visa, Ant Group and more.
Have smartphones completely replaced the need for physical bank cards?
The settlement will see credit interchange rates lowered and capped for the next five years.
Bhatt will step down as chief creative officer but will remain on Robinhood’s board of directors.
ChitChat enables users to make immediate USD payment transfers directly within chat conversations.
Supermarkets across the globe continue to embrace fintech partnerships to power their financial services.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
With the deal, Anna Money says it plans to introduce a “smart business current account and debit card”.
With the Paris Olympics on the horizon, we take a look at the relationship between the event and fintech.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
In Q4 2023, the LA-based neobank generated a GAAP net income of $200,000 and EBITDA of $10 million.
Enfuce recently appointed Laurence Krieger as chairman of its UK board and was granted a UK EMI licence.