Indian fintech start-up Slice raises $50m in ongoing Series C round
The round has been led by Tiger Global with participation from new investor GMO Venture Partners.
PayTech
A2A paytech Trustly buys open banking platform Ecospend
Trustly is aiming to boost its footprint in the UK market, which it says “presents a dynamic ecosystem”.
Mollie partners Plaid to boost onboarding for merchants
Mollie says the partnership will make it “easier and faster” to start receiving payments and open online stores.
UK paytech GPS appoints Jill Docherty as director of global partnerships
Docherty will sit on GPS’ global executive committee overseeing all GPS ecosystem partners.
Dutch fintech Mollie hires Koen Köppen as new CTO to boost tech innovation
Prior to Mollie, Köppen spent over a decade at Klarna.
Video: US Bank at FinovateSpring 2022 – The real-time payments revolution
FinTech Futures chats with Mike Jorgensen of US Bank to discuss real-time payments.
ADCB Egypt partners Temenos to deliver digital payments
The deal will allow ADCB Egypt to adopt global payment standards such as ISO20022 and Swift GPI.
US-based Payoneer appoints John Caplan as co-CEO
Founded in 2005, Payoneer enables “borderless payments and growth” for digital businesses.
German B2B BNPL firm Mondu lands $43m in Series A round
The company has raised $57 million in total funding to date.
Webinar: How to keep up with the card payments industry upstarts and capitalise on the opportunities
Lessons from neobanks, start-ups and paytechs to exploit these substantial revenue opportunities.
FinTech Futures: Top five stories of the week – 27 May 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Payments fintech Bolt announces layoffs
The news follows a string of layoffs in the fintech space in recent weeks.
White paper: Intelligence capabilities for AML and CFT regulatory compliance
Enhancing KYC, AML, CFT and due diligence investigations for finance, banking and compliance sectors with digital intelligence.
Card-issuing platform Marqeta partners Evolve Bank & Trust
Evolve will support the full range of Marqeta’s card programme management capabilities.
Payments infrastructure provider Paddle snaps up ProfitWell for $200m
Paddle will integrate ProfitWell’s financial metrics, as well as its pricing and retention software.
Aussie payments regulator sets out QR code guidelines
The voluntary guidelines are directed at financial institutions, payment service providers and merchants.
Payments network TransferMate hits unicorn status after $70m funding
TransferMate will use the funding to expand its teams globally and develop its technology and product offering.
How CBDCs will transform the way India transacts
The proposed implementation of CBDCs will completely change how the country perceives money.
Payments infrastructure firm Xendit lands $300m Series D round
This latest round brings Xendit’s total funding raised to date to $538 million.
SpotOn bags $300m Series F at $3.6bn valuation
SpotOn has raised $928 million in funding to date.
The Credit Thing goes live with TrueLayer’s recurring payments API
The Credit Thing will now use TrueLayer’s recurring payment API for improved customer experience.
Europe fintech funding round-up: Findity, Recognise Bank, Moneybox, Circit & Klarpay
Our weekly fintech round-up for you to get the latest funding news from around Europe.
Embedded payments platform Modulr raises $108m Series C
Modulr will use the funding to expand its geographic footprint and become a “pan-European payments champion”.
Nude partners GoCardless to deliver VRP inter-account payments
Via the GoCardless network Nude will be among the first in the UK to leverage Variable Recurring Payments (VRP).
Report: Northern Ireland fintech – leaders in ESG
A deep dive into how Northern Ireland became a pioneer in the advances of fintech, regtech and ESG.
NatWest Group fined £1.82m for overcharging credit card interchange fees
NatWest, RBS, Ulster Bank and Coutts incorrectly treated a number of cards as being ‘commercial’ cards.
LeapFrog and Tana Africa invest in Nigerian paytech Interswitch
LeapFrog and Tana will work with Interswitch to increase its customer base and develop new products.
Token lands $40m to scale open banking payments in Europe
Existing investors Octopus Ventures, Opera Tech Ventures and SBI Investment also participated.
Edge: PayTech – all you need to know on the future of payments technology
We’re launching a new virtual event, FinTech Futures Edge: PayTech, taking place on 21 July.
Nets buys German POS specialist orderbird
Nets is part of European paytech conglomerate Nexi Group, which will own 100% of orderbird.
Embedded payments platform Infinicept raises $23m to boost growth
The round was led by SVB Financial Group and Piper Sandler Merchant Banking.
EMEA funding round-up: Cashew, Stanhope, Elucidate, Spades, Sun Zu Lab & sqft.capital
A handy round-up of the recent funding endeavours of fintech companies across EMEA.
Credit card platform Deserve secures $250m credit facility
The new facility follows a $50 million Series D raise in October 2021.
Checkout.com snaps up French ID verification firm ubble
The deal is set to close later this year.
What the FinTech? | S.3 Episode 7 | The future of digital payments
In this episode of the podcast, we’re joined by Claire Gates, chief commercial officer at PPRO.
UK crypto payments and banking platform BVNK lands $40m Series A
BVNK’s CEO says the funds will allow the company to “expand our services, markets and operations”.
Egyptian B2B paytech Paymob raises $50m Series B
The Series B round, the largest fintech Series B in Egypt, was led by Kora Capital, PayPal Ventures and Clay Point.
Join our PayTech roundtable discussions
Join our upcoming roundtable discussions on the hottest topics in the payments industry.
Paddle raises $200m Series D round at unicorn valuation
The latest round brings Paddle’s total funding to date to $293 million.
Yapily to acquire fellow open banking firm finAPI
The deal is subject to regulatory approvals and is expected to complete in H2 2022.
