Paddle raises $200m Series D round at unicorn valuation
The latest round brings Paddle’s total funding to date to $293 million.
The latest round brings Paddle’s total funding to date to $293 million.
The hires at Wio follow the digital bank’s licence approval by the Central Bank of the UAE.
The deal is subject to regulatory approvals and is expected to complete in H2 2022.
MDI aims to drive financial inclusion within Egypt.
Hopscotch, founded in June 2021, has raised nearly $10m from 12 investors.
The round, a mix of debt and equity, was led by a local fund.
Founded in 2021, the start-up aims to help retail options traders save time and money.
CEO Doug Ludlow cites “today’s incredibly rough market” as the reason for the layoffs.
The deal will see HCL expand its footprint in the global wealth management market.
View the finalists for the 2022 PayTech Awards, with winners to be revealed on 1 July 2022.
BehavioSec tracks mobile touchscreen signals to continuously authenticate identity and prevent fraud.
Column is the only nationally chartered developer infrastructure bank in the US.
CNote has already started moving Apple’s money into the communities through its platform.
BizPay is undergoing an “operational transformation”, which has seen a number of processes automated.
The round comprises of $10 million in equity financing and $100 million in debt financing.
The Montreal-based fintech was founded in January 2020 and launched in May 2021.
ConnectOne plans to launch the new digital business banking vertical by the end of the year.
The round was led by Valar Ventures, with new and existing investors also participating.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Tricount is a group expense management app that allows users to balance their expenses with friends.
YoCripto is on a mission to be the first in Latin America to offer a credit card with Bitcoin rewards.
Savino will head up a fintech start-up team as the consultancy looks to bring a new BaaS solution to market.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
First Bank says Finzly’s Payment Hub “gives us the speed and agility to offer a fintech-like payment experience”.
The “industry first” deal will allow for transactions to be conducted near instantaneously.
The round, led by Global Founders Capital and Backed VC, saw participation from a number of angels.
In his new role at GoCardless, Stoddart will oversee the strategy, sales, product, marketing and customer teams.
The EU Commission claims Apple has violated anti-trust rules for the benefit of its own Apple Pay.
The company operates in Mexico and Chile and has more than 450 employees spread throughout LatAm.
The partnership will enable Beewise users to connect their existing bank accounts securely to the new app.
First United says the partnership will support its “vision to elevate 10 million lives by the year 2030”.
Scalapay has now raised $727 million in total funding to date.
Under the deal, Long Game’s engineers, designers and business leaders will join Truist’s innovation team.
Accern CEO says: “With this funding, we will scale sales and marketing to empower more citizen data scientists.”
The funding will be used to double the size of its team and develop new products.
The early-stage round was led by Matrix Partners and saw participation from PayPal Ventures.
LUKB will deploy NetGuardians’ AI-powered software as it looks to shore up its defences against payment fraud.
The new funds will be used to expand its merchant network and product offering.
The Series D round was led by IIFL with participation from existing investors Temasek, Tiger Global, and 3one4 Capital.
Point enables homeowners to unlock equity from their homes.