Nigeria’s B2B e-commerce fintech TradeDepot raises $110m
The funds will support the delivery of BNPL services to five million SME retailers across Africa.
The funds will support the delivery of BNPL services to five million SME retailers across Africa.
All eligible accounts will be transferred to Moneyfarm in January.
WeLab has raised $240m to fund the acquisition – “the largest fintech funding in Indonesia in 2021”.
The bank will implement Temenos Transact and Temenos Infinity, delivered on a cloud basis.
LSEG will pay a maximum aggregate consideration of up to £274 million to Quantile’s shareholders.
The Series C investment round was led by Vitruvian Partners, with participation from Tencent.
Funds will be used for product development and to accelerate growth in Mexico and Latin America.
Tillit offers “a curated investment universe, exclusive content and a fee that is based on time rather than wealth”.
Hanspeter Wolf, CEO and founder of Appway, will become FNZ’s CTO.
The company has identified 180+ unique migrant communities it intends to offer its services to.
Marcus is stepping down to pursue new entrepreneurial opportunities after seven years at the firm.
The merger will “create the world’s first global issuer-processor spanning 49 countries”.
Numerated is “building the future of business banking”, founder and CEO states.
Felicia Trewin will start her tenure in March 2022 and join AMP’s executive committee.
Both companies will be integrated into Moody’s KYC business within Moody’s Analytics.
Beyon Money has recently secured a “first of its kind” open banking licence.
Kueski is one of the largest buy now, pay later and online consumer lenders in Latin America.
The buyer is CloudWing Network Technologies, a subsidiary of Hundsun Technologies.
The company provides a SaaS platform for streamlining reporting and improving forecasting accuracy.
The $100 million deal brings together the US and UK-based partners.
Cash injection will be used to further develop its product offerings and hire more staff.
Microsoft has partnered with Zip to offer a BNPL payment option in its Edge browser.
Fast-growing Indian e-commerce sector is in the company’s sights with its cardless payments offerings.
In Case You Missed It (ICYMI) funding round-up for you to get the latest fintech funding news.
Abrdn had previously confirmed it was in talks to acquire the company in November.
This is the latest in a number of distributed ledger innovations by the South Korean bank.
Female-led company is focused on mobile orders and payments in restaurant and hospitality sectors.
The recruitment drive would take its total headcount to 4,000.
GoWomen says it will provide banking services and financial awareness and wellness products.
Tie-up follows $188m funding for Jeeves, which launched at the start of 2021.
The company received its first bank licence as the sixth principal clearing bank of the UK.
The Singapore-based fintech offers a multi-currency wallet, with a push into the corporate market now planned.
Product expansion, including into payments, is planned for its small business platform.
The London-based company plans European expansion and product development.
The digital bank also provides crypto capabilities, including instant crypto transfers.
The Singapore start-up gains backing from new and existing investors from across Asia.
President and group CEO Tatsufumi Sakai and senior executive officer Satoshi Ishii will step down from their roles.
Twig customers can turn their unwanted possessions into cash.
Vreugdenhil is leaving after almost two decades with ING.
The payments processor has seen a sharp increase in volumes in the last 18 months.