FinTech Futures: Top five news stories of the week – 8 November 2024
Our pick of the top fintech news stories this week includes Bank of New Zealand, Airwallex, Griffin and more.
Our pick of the top fintech news stories this week includes Bank of New Zealand, Airwallex, Griffin and more.
Airwallex last raised $100 million through a Series E extension two years ago at a valuation of $5.5 billion.
The fintech is to leverage the AFSL licence, granted by ASIC, to expand Airwallex Yield.
Airwallex’s tech will power Bird’s in-house foreign exchange engine and issuing solution.
Airwallex says the deal is an important part of its broader growth strategy in the Americas.
The extension round brings Airwallex’s total funding to more than $900 million.
Sood joins from GoCardless, where he was most recently vice president of small business.
Fintechs can set themselves up for success with a strong work culture that is compatible with long-term growth.
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Featuring Gemini, Upgrade, CloudWalk, EasyHealth and Airwallex.
The new capital injection adds to the firm’s $200m Series E funding.
Featuring Sorare, MarketFinance, Dapper Labs, Airwallex and TrueLayer.
The company has now raised more than $700m in total capital.
The expansion is made possible through a partnership with domestic BaaS provider Evolve Bank & Trust.
Airwallex is currently expanding into Asia, the UK, and – most recently – the US.
We asked key market participants what they thought of the UK Chancellor’s budget.
Aussie-founded fintech plans to use cash to expand into new markets.
Payment unicorn plans acquisitions, partner programmes, and more.
Talks centered around the opportunities of open banking in Australia.
The low-cost payment provider is now expanding to the UK and Europe.
Melbourne-based firm combines payments and FX transfers.