Egyptian fintech Paymob lands country a record $18.5m Series A
The Series A followed a $350,000 seed raise in 2019.
PayTech
Raising the curtain on embedded finance: the next wave of fintech is here
Embedded finance brings an entirely new set of players targeting specific segments into finserv.
Banking Technology April 2021 issue out now
Soaring to new heights: a record-breaking first quarter of M&A activity.
Stripe takes first step into Middle East with UAE expansion
Digital payment transactions in the UAE during 2020 reached $18.5 billion.
Clubhouse introduces tipping for content creators with Stripe
The one-year-old start-up has raised around $100 million to date.
Fintech funding deals globally 29 March – 4 April 2021
Featuring HighRadius, Next Insurance, dLocal, Pipe Dream Technologies, and Paidy.
Top 10 funding rounds in Q1 2021
The first quarter of 2021 has seen a handful of big rounds.
Triggers and obstacles to the development of the fintech sector in Poland
A deep dive on the benefits and challenges of the banking and payments landscape in Poland.
Paysafe goes public via Spac merger
Shares of Foley Trasimene Acquisition Corp. II moved 5.77% higher Monday to $15.39.
Finch Capital acquires Wirecard’s Turkish operations
Investment firm sets up new payments brand in Turkey.
Taking charge and reducing charges
A major feature of Open Banking is relatively underused – Payment Initiation Services.
NumberX plans Mastercard for multi-account payments
New linked card service to launch in Germany.
US crypto bank Avanti raises $37m in Series A funding
The new cash goes toward capital requirements.
Fiserv acquires US processor Pineapple Payments
It is expected to close by the end of Q2 2021.
PPRO boosts unicorn round up to $270m with JP Morgan
PPRO says it doubled its transaction volumes over 2020.
Gerlionti pick Nets to underpin launch of GerliPay
Nets is providing card management and processing services for the new app.
Webinar: Getting to market faster by outsourcing PCI compliance
Cost benefits, getting more value from data, protecting card data, and managing other sensitive data.
Fintech funding deals globally 15-21 March 2021
Featuring SumUp, eToro, Plaid, SecurityScorecard, and Coalition.
US Department of Justice sets antitrust sights on Visa
Visa’s hold on the debit market in the US under investigation.
London fintech Agitate latest to unveil open banking-powered payments solution
The solution skips the card ecosystem entirely.
PayTech Awards 2021 – call for judges
Be at the forefront of paytech innovation and gain exclusive insights by joining our all-star judging panel.
Wise considers rare direct listing on London Stock Exchange
This would see Wise circumvent the conventional IPO process.
ICYMI funding round: Fondeadora, SEON, Lendo, Nomanini & more
Plenty of funding rounds may have slipped you by this week.
Lithuanian fintech SH Payments picks Nano as new core system
Baltic Amber Systems beat “several” competitors to the deal.
OCBC launches facial recognition at ATMs, region’s first
The biometric tool will be first used for account balance enquiries – piloted by eight ATMs.
PayFit raises €90m to automate payroll and HR for European SMEs
The previous funding round closed in 2019, with €70 million.
Rush Gold launches mobile card to pay with gold in real-time
The Mastercard offering is powered by EML Payments.
Nest Bank picks Fiserv for card issuance revamp
Fiserv’s First Data brand is handling the implementation.
Indonesian fintech Alami acquires rural bank in $10m deal
Alami is helping the bank keep up with capital requirements.
Dwolla hires Dave Glaser as new COO
Glaser has worked at Mastercard, Visa, and Worldpay.
Fintech funding deals globally 8-14 March 2021
Featuring Stripe, Starling, BlockFi, Cedar, and Flutterwave.
State of play: account-to-account (A2A) payments
In-depth analysis and understanding of the market landscape by our resident fintech analyst.
Stripe reaches $95bn valuation on back of fresh $600m injection
This year, Stripe will continue to pursue enterprise clients.
Russian Big Tech Yandex launches payment service
The local internet giant plans to rival Apple Pay, Samsung Pay, and Google Pay.
Banking Technology March 2021 issue out now
Creating communities: celebrating women in fintech this Women’s History Month
Goldman-backed Flywire files paperwork for IPO which could reach $3bn
Flywire has listed itself as profitable since its Series B funding round in 2013.
South African fintech Adumo lands $15m from World Bank member
Adumo helps businesses move from cash transactions to digital payments.
Digital payments: why they are here to stay
It is not just individuals who are adapting to the shift.
Banking Tech Awards 2020 Winner: Yolt – Best Mobile Initiative
Yolt’s new mobile app: nudge techniques, open banking and smarter personal finance.
PayTech Awards 2021 now open for entries!
Open to financial and payment institutions worldwide, technology and service providers, individuals and teams.
