ICYMI funding round-up: Credit Fair, Plooto, Xclaim, Weavr & more
Another batch of funding rounds that might have flown under your radar.
Business-to-Business/B2B
OKCoin partners Worldpay to expand global merchant acquiring
Cryptocurrency exchange wanted “a proven and experienced partner”.
Dear Luc: What’s the deal with embedded finance?
This week someone writes in to ask: how can I get on the embedded finance bandwagon?
Cardless raises $40m in Series B funding
Cardless has now raised $50 million in total funding.
Clearco raises $215m in Series C round led by SoftBank’s Vision Fund 2
Firm wants to boost its “founder-friendly” financing suite.
ICYMI funding round-up: Zeepay, Aliaswire, Daylight, Neon & more
Another batch of funding rounds that might have flown under your radar.
Klarna signs merchant financing partnership with Liberis
Liberis will roll out its revenue-based solution in the coming months.
Architecture heads at Deutsche Bank and JP Morgan leave months into their jobs
John Smith and Gavin Leo-Rhynie depart from major banks.
ICYMI funding round-up: LOQR, MOCA Financial, Bueno Finance, Glint Pay & more
Another batch of funding rounds that could have flown under your radar.
Goldman Sachs partners with Visa for cross-border payments
The partnership aims to streamline the bank’s existing systems for both commercial and corporate clients.
Singapore fintech Nium acquires B2B travel payments firm Ixaris
The transaction is expected to close early in the third quarter of 2021.
Resolve lands $60m to grow buy now, pay later B2B offering
Resolve was spun out from buy now, pay later (BNPL) company Affirm in 2019.
Customers Bank plans blockchain-based payments with Tassat
US-based Customers Bank aims to tokenise USD payments with Tassat’s tech.
ICYMI funding round-up: OptioPay, Payslip, Mamo, Telda, StudentFinance, Algbra
An ‘In Case You Missed It’ (ICYMI) list of funding picks.
CleverCards to gain EMI licence via M&A, raises Facebook exec-led €10m round
Gareth Lambe, head of Facebook Ireland, has invested in CleverCards.
HSBC launches multi-currency business wallet to rival fintech providers
HSBC says businesses can “pay like a local”.
Stripe acquires card verification fintech Bouncer
Both Bouncer’s team and its technology will join Stripe.
Cedar co-founder: Our biggest competition is status quo and inertia
Cedar acquired San Francisco-based OODA Health for $425 million last week.
US challenger for freelancers Lili lands $55m and passes 200,000 users
Lili wants to be a go-to app for freelancers in the US.
Digital challenger Arrow pledges to save Americans $5,000 in five years
Digital challenger pledges to save Americans $5,000 in five years.
Bank of America CTO: Cyberattacks on banks “surged” during pandemic
Cyberattacks have surged “dramatically”, says BoA exec.
Fintech funding deals globally 26 April – 2 May 2021
Featuring Brex, Paxos, Vena, Greenlight, and Current.
JP Morgan, DBS Bank and Temasek to form new payments platform
The platform will start by facilitating flows between Singapore-based banks.
Greenlight, Step and Current land “kids banking” industry collective $580m
Greenlight, Current, and Step all began with basic card-based offerings.
Brex closes $424m Tiger Global-led round at $7.4bn valuation
“We have all types of businesses now signing up for Brex,” says co-CEO.
BNPL firm Affirm acquires Returnly in $300m deal
More than eight million shoppers have used the online return service.
Fintech funding deals globally 19-25 April 2021
Featuring Alan, Deel, Chargebee, Classy, and Tamara.
ICYMI funding round-up: Percent, Till Financial, Plooto, Nelo & more
More weekly funding deals which may have flown under your radar.
Square goes on hiring spree ahead of new banking product launches
Square is “building a suite of new financial products”.
MVB Bank snaps up majority stake in Indianapolis fintech Trabian
The value of the stake remains undisclosed.
Hospitality payment app Sunday raises record €20m seed round for Europe
The start-up claims to cut the costs for operators to 0.5% per transaction.
Routable raises $30m in Series B funding to boost B2B payments
Seattle fintech nabs bumper round from a handful of angel investors.
UK challenger Starling lands £50m investment from Goldman Sachs
Starling now claiming to hold a 6% share of the UK SME banking market.
Video: Top fintech stories this week – 16 April 2021
To stories from across the fintech world, featuring Coinbase, Pine Labs, Ozon and more.
Bill payments lingo you need to know
A handy glossary of common electronic bill payment terms and why they matter to your business.
Banking Technology April 2021 issue out now
Soaring to new heights: a record-breaking first quarter of M&A activity.
US core banking vendor Nymbus sets up new business for credit unions
“Credit unions have an immediate opportunity to leverage niche digital banking approaches”.
US retail trade groups ask to join $5.54bn Visa and Mastercard lawsuit
The two bodies want permission to become parties in the lawsuit.
ICYMI funding round-up: Butter, Spiral, SadaPay, OVEX, Ensemble & more
We’ve put together an “In Case You Missed It” (ICYMI) funding list.
Global fintech M&A round-up Q1 2021
Whilst some big deals never closed in Q1, plenty others took their place.
