Santander launches e-commerce payments solution Getnet SEP for LatAm merchants
The solution is first being made available to merchants in Argentina, Brazil, Chile and Mexico.
SME
Tide acquires SME payroll fintech Onfolk
Onfolk will be integrated into the Tide app as ‘Tide Payroll’.
Sibos 2024: Real-time payments in focus with ACI Worldwide – video interview
Dive deep into the latest developments in real-time payments from across the globe with ACI Worldwide.
Nigeria’s OmniRetail acquires SME payments platform Traction Apps
OmniRetail is a start-up aiming to digitise traditional e-commerce through its suite of software products.
Procurement fintech Zip raises $190m Series D at $2.2bn valuation
Zip’s company value has increased 47% since its $100 million Series C last year.
ICYMI fintech funding round-up: Abhi, Emerge, Diesta, and Axyon AI
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Dutch fintech start-up Tebi bags €20m Series A funding
Tebi offers a financial platform tailored for independent hospitality and retail businesses.
Warburg Pincus snaps up minority stake in Brazil’s Contabilizei for $125m
Warburg Pincus has now become Contabilizei’s largest shareholder.
Qonto appoints Natalia Williams as new chief product officer
The new hire comes amid Qonto’s efforts to expand into four new European markets.
ICYMI fintech funding round-up: Plumery, Concreit, Connected Data, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Bank of Hangzhou partners Malaysia’s Maybank to support cross-border businesses in China
The partnership will focus on “enhancing cross-border business and advancing digital innovation”.
Ex-TNEX chief Bryan Carroll heads new Credit-Decisioning-as-a-Service start-up SMEApprove
The platform seeks to assist banks in lending to underserved SME clients across emerging markets.
HSBC launches embedded finance venture SemFi with Tradeshift
SemFi provides embedded payment, trade and financing solutions from HSBC.
Stax Payments snaps up BlockChyp for undisclosed sum
Stax says this acquisition will reduce “friction” and enhance partner and customer experience.
Rakbank joins Magnati to launch new SME financing platform in UAE
Rakbank’s underwriting will be guided by real-time transaction data created by Magnati.
PayMate nears $400m acquisition of DigiAsia’s FaaS business
PayMate plans to list on the National Stock Exchange of India following the purchase.
UK fintech Apron secures $30m in Zinal Growth-led Series B
This round builds on Apron’s $15 million Series A secured in September 2023.
India’s Cashfree Payments hires Nitin Pulyani as new head of product
The Bengaluru-based paytech is looking to expand its presence in India and the UAE.
Nexi Group lands €220m financing from the EIB
The loan is the first to be granted by the EIB to a publicly listed company in the digital payments sector.
BNP Paribas to acquire HSBC’s private banking division in Germany
BNP Paribas anticipates the deal will boost its AUM to €40 billion.
SME app Countingup hires ClearScore’s Dan Elias as head of product
Countingup has also hired a new head of compliance and head of marketing.
FinTech Futures: Top five news stories of the week – 13 September 2024
Our pick of the top fintech news stories this week includes UniCredit, Westpac, Mastercard and more.
ICYMI fintech funding round-up: Datricks, PastPay, LineLeap, Kompasbank and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
India’s FlexiLoans bags $34.5m Series C for lending platform expansion
The platform has now raised $76.6 million in equity and over $240.9 million in debt to date.
Paymob secures $22m Series B extension to continue GCC roll-out
The Cairo-based paytech has now raised $72 million in Series B funding.
Financial management software provider to SMEs, Finally, raises $50m equity and $150m debt
Florida-based Finally plans to expand its AI-powered business payments platform across the US.
Judo Bank migrates lending business to Thought Machine’s Vault Core
The migration to the cloud-based core banking platform has been underway since last year.
Ghana’s Fido raises $30 million in debt and equity to extend AI-powered lending services across Africa
The fintech will use the funding to expand its reach and product offering.
SumUp’s Irish division makes series of senior leadership appointments
SumUp has named a new CEO and CRO of its Irish entity, SumUp Limited.
SME-focused digital lender Validus lands $50m debt facility from HSBC
The facility will be deployed through Validus’ Indonesian subsidiary Batumbu.
Shift bags $23m Series D funding led by Peak XV Partners
The funding round follows the completion of a $230 million Asset Backed Securitisation in May.
ICYMI fintech funding round-up: Skydo, Finora Bank, Okredo, Parfin, and more
Our weekly fintech round-up for you to get the latest funding news from around the world.
UAE fintech Yuze bags $30m funding to propel expansion into new markets
Yuze offers a digital financial services platform built to help simplify financial management for SMEs.
Setpoint bags $31m Series B funding to fuel research and development
The round builds on Setpoint’s $43 million Series A and takes its total capital raised to date to $76 million.
India’s Vayana secures $20.5m in Series D funding
The funds will be used to enhance Vayana’s risk management and compliance platforms.
ICYMI fintech funding round-up: Layer2, Qardy, United Fintech, Minos, and more
Our weekly fintech round-up for you to get the latest funding news from around the world.
Payoneer acquires payroll start-up Skuad in Singapore for $61m
Payoneer CEO John Caplan says the deal will “accelerate our evolution and B2B momentum”.
SME-focused neobank Ampere launches card-to-card payments in partnership with Mastercard
The offering facilitates conversions in over 60 different currencies.
Shawbrook taps nCino for automated SME loan origination
The bank is also adopting nCino’s nIQ solution for AI and machine learning tools.
ICYMI fintech funding round-up: Rillet, Aveni, Mamo, Payflow, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
