US payroll platform Branch closes $75m Series C round
Branch claims its workforce payments platform revenue grew by more than 700% over the last year.
Branch claims its workforce payments platform revenue grew by more than 700% over the last year.
A handy round-up of the recent funding endeavours of UK-based fintechs.
Money View is now valued at $625 million.
The announcement was made by the company’s interim president Kevin Ryan via an e-mail to affected staff.
Onfido uses AI-powered biometric technology to verify customer identification during onboarding.
Stax has grown 500% in the past three years and processed more than $23 billion in payments.
Milan-based Tot plans to onboard 50,000 domestic customers within three years and then look abroad.
The deal is expected to close by the end of Q1 2022.
TotallyMoney, a UK-based credit app, has appointed Henry Pearce as head of data.
FLEX is a credit union core system processor based in Utah, US.
Al Fardan Exchange customers can make payments to 87 countries in Europe, Africa, APAC and LatAm.
NCR says the deal will accelerate its push into open and international digital banking.
Climate fintech start-ups raised $1.2 billion in 2021, according to figures from CommerzVentures.
Payoneer will deploy ThetaRay’s Sonar solution from Q2 2022.
Dash is a unified payment network for the 1.3 billion Africans currently transacting digitally.
The Alpha Fintech takeover will extend PPRO’s reach to Asia Pacific.
Based in Montreal, Quebec, the fintech offers business accounts for SMEs.
CredAvenue will use the cash to invest in artificial intelligence, machine learning and data analytics.
The cash will go towards expanding its product offering and supporting its international expansion.
The Airtel Axis Bank credit card is the first product to be launched under the partnership.
FinZi has already secured a pre-seed capital raise worth $350,000.
LHV CEO says growing its payment services business has become an important part of the firm’s growth strategy.
The deal values Sezzle at approximately $360 million (AUD 491 million).
Atomic wants customers to be able to invest, save and accrue wealth by “unlocking the power of their paychecks”.
US-based start-ups Growfin and PTO Exchange raise $1.4 million and $5.4 million, respectively.
M-Kopa will use the new cash to grow its team and expand into additional countries.
Our weekly fintech round-up for you to get the latest funding news.
Boku CEO says the sale will allow the firm “to focus on developing our mobile payments solutions”.
The company also confirmed the acquisition of cryptocurrency fundraising platform The Giving Block.
A handy round-up of the recent funding endeavours of UK-based fintechs.
Zeller says it has signed up more than 10,000 Australian businesses within eight months.
Dynatrace provides software intelligence to simplify cloud complexity and accelerate digital transformation.
Tink’s technology provides insights to help An Post customers improve their financial health.
The extension follows an initial $112 million Series B raise three months ago.
The bank has brought in a new leadership team and implemented a new technology strategy.
Tuum is a banking customer of LHV UK, and now LHV UK has become Tuum’s tech user.
UK-based Shares has launched its app to its 60,000 waitlist and the wider market.
Lloyds has also made an equity investment for a minority stake in Bink.
Helpful says the average amount of CO2 every checkout payment produces is 3.78g.
The solution will be available on all DBS Mastercard, Visa and American Express credit cards.