Egyptian credit fintech Lucky raises $25m Series A
The cash will go towards cementing Lucky’s position in the market and building out its credit offering.
The cash will go towards cementing Lucky’s position in the market and building out its credit offering.
The new wholly-owned subsidiary will consolidate all of Mashreq’s existing payment systems into a single platform.
The deal will see Medius open a new corporate office in Q2 2022 in Jacksonville, Florida.
The Series A round was led by Airtree Ventures and Decade Partners.
Grigaitytė joins from the Bank of Lithuania where she worked on payment system CENTROlink.
Founded in April 2020 by Daniel Cannizzaro, Parpera has already raised AUD 2.7 million in equity funding.
Atlantic Money claims users can save up to 99% against providers such as PayPal, Wise and Western Union.
Deskus joins PayPal from tech titan Intel, where she served as senior vice president and CIO.
Simetrik says the cash will go towards key hires and fueling its global expansion plans.
Our weekly fintech round-up for you to get the latest funding news from around the world.
CoFi and Handle have raised $7 million and $10 million, respectively.
A handy round-up of the recent funding endeavours of UK-based fintechs.
Ramp’s raise included $200 million in fresh equity funding and $550 million in debt financing.
The Series C comes just seven months after the company’s $57 million Series B funding round.
The partnership will see FTX Ventures, the venture fund arm of FTX Trading, invest $100 million in Dave.
Cape will invest the money in technology, product expansion, and doubling its headcount in the coming months.
The round, led by Vistara Growth, saw participation from Bluesky Equities, Tribune Capital and Rising Tide.
The US’s sixth largest independent acquirer has snapped up the long-standing merchant gateway specialist.
Cutting out complexity and risk from cross-border payments is key to boosting global trade and facilitating economic recovery.
Payments are now just as important to brand identity as top-of-funnel activities like advertising.
Our pick of the top news stories from the world of finance and tech this week.
Our weekly fintech round-up for you to get the latest funding news from around the world.
Vijay Oddiraju, CEO of Volante Technologies, looks at ways the payments industry can provide the rails for inclusiveness.
How we pay, what we pay, and who we pay is changing, and telco firms are well positioned to take advantage.
Rutter’s $27 million Series A funding round was led by Andreessen Horowitz.
The latest investment takes Bazaar’s total capital raised to more than $100 million.
The firm says it will plant a tree for every transaction it processes.
India is primed to be the largest BNPL market in the world with a massive addressable population.
Credit Libanais launches an instant, fully e-KYC onboarding mobile application for a virtual prepaid card.
Bottomline PTX forms part of “digital backbone” of Hargreaves Lansdown, says CTO.
Curve launched in 2018 and has already spread to 31 markets across the globe.
Open banking payments globally look set to have their own ‘Beatlemania’ moment.
New York-based Selfbook landed $15 million, while Austin-based Stellar raised $7 million.
The payments giant has also invested $30 million, alongside other investors, into Zeta.
Our weekly fintech round-up for you to get the latest funding news from around the world.
Branch claims its workforce payments platform revenue grew by more than 700% over the last year.
A handy round-up of the recent funding endeavours of UK-based fintechs.
Cover story: HAVE A HEART – Injecting a little love into AI.
Stax has grown 500% in the past three years and processed more than $23 billion in payments.
The deal is expected to close by the end of Q1 2022.