FinTech Futures: Top five stories of the week – 20 May 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
SME
Embedded payments platform Infinicept raises $23m to boost growth
The round was led by SVB Financial Group and Piper Sandler Merchant Banking.
New small business payments platform Hopscotch seeks to make invoicing hassle-free
Hopscotch, founded in June 2021, has raised nearly $10m from 12 investors.
FinTech Futures: Top five stories of the week – 6 May 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
LatAm SME financial services platform Xepelin raises $111m Series B
The company operates in Mexico and Chile and has more than 450 employees spread throughout LatAm.
North America fintech funding round-up: CoreChain, OneVest & Crowdz
This week’s funding round-up includes three North American fintechs – CoreChain, OneVest & Crowdz.
FinTech Futures: Top five stories of the week – 15 April 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
ICYMI fintech funding round-up: Winden, EximPe, Uplinq, ImaliPay & SwooshTransfer
Our weekly fintech round-up for you to get the latest funding news from around the world.
Microsoft teams up with Finastra to offer SME lending through Dynamics 365
Microsoft says the partnership will drive value for SMEs, “the backbone of job creation in the world’s economy”.
Capital on Tap scores $200m funding facility to drive US growth
The firm launched its US credit card in March 2021 and has an office in Atlanta.
Spain’s Ritmo lands $200m in debt funding to drive growth
The Madrid-based company has raised $225 million to date in debt and equity funding.
How fintech can boost financial inclusion for Latin American SMBs
Fintech can give SMBs better access to financing to encourage progress and development.
E-commerce paytech Reach lands $30m growth investment
The round, led by Vistara Growth, saw participation from Bluesky Equities, Tribune Capital and Rising Tide.
Revenue-based financing platform Novel Capital raises $115m in equity and debt funding
Novel Capital allows entrepreneurs to leverage their recurring revenue to access non-dilutive capital.
Rutter raises $27m in Series A to become “Plaid of commerce”
Rutter’s $27 million Series A funding round was led by Andreessen Horowitz.
Growth financing platform Capchase raises $80m Series B funding
Capchase CEO says funding businesses “is not a one-size-fits-all approach anymore”.
ICYMI fintech funding round-up: in3, Noh, PictureWealth, Touché, and Yep!
Our weekly fintech round-up for you to get the latest funding news from around the world.
US paytech Stax hits $1bn valuation with $245m funding round
Stax has grown 500% in the past three years and processed more than $23 billion in payments.
FX platform Currencies Direct receives £140m investment
The deal is expected to close by the end of Q1 2022.
New SME banking player Pillar set to launch in Canada
Based in Montreal, Quebec, the fintech offers business accounts for SMEs.
Digital business bank Grasshopper relaunches with focus on supporting SMEs
The bank has brought in a new leadership team and implemented a new technology strategy.
CIBC invests in start-up Pollinate; launches paytech service for Canadian SMEs, Tyl
Tyl by CIBC is a digital-first payment acceptance and merchant services platform for Canadian SMEs.
ICYMI fintech funding round-up: Blend, Canza, IMAN, NayaPay, NymCard, Plinqit, & Tiiik
Our weekly fintech round-up for you to get the latest funding news.
TreviPay acquires fellow B2B paytech Baton Financial Services
Start-up Baton “has built a unique, innovative B2B invoice payments network”, TreviPay says.
Financial “cockpit” for SMEs Ageras raises €30m
Denmark-based Ageras is “poised to become one of Europe’s next unicorns”, investors say.
ICYMI fintech funding round-up: Actyv.ai, MoneyHash, Novus, SJ Mobile Labs, Trace Finance, & Zand
Our weekly fintech round-up for you to get the latest funding news.
FIS acquires embedded finance start-up Payrix
The Atlanta-based Payrix provides embedded payment solutions for Software-as-a-Service verticals.
FinTech Futures Jobs: Three great companies that are hiring right now
Exciting open vacancies at Klarna, Xero and Revolut. Apply today!
SumUp selects Worldpay from FIS to support global expansion
London-based SumUp supports more than 3.5 million merchants across 30 markets.
Apple’s iPhone to accept contactless payments with new ‘Tap to Pay’ feature
Tap to Pay will allow US merchants to accept cards, Apple Pay and digital wallet payments.
B2B payments and financing platform Tribal lands $60m Series B to support LatAm expansion
Tribal says the Latin American region represents a $175 billion market opportunity.
FinTech Futures Jobs: Three really exciting roles to apply for this week
Exciting open vacancies at Klarna, Xero and Revolut. Apply today!
ICYMI fintech funding round-up: Akuvo, BFM, Billhop, Finverity, & LemonEdge
Our weekly round-up for you to get the latest fintech funding news.
Digital acceleration shines a light on new challenges facing small businesses
The search for adequate SME funding and opportunities to minimise costs are at an all-time high.
Garden of Eden: how Africa’s digital transformation promises to boost the continent
Demographics, technology and opportunity have set the stage for Africa to become a global fintech powerhouse.
Paystone snaps up merchant services provider Canadian Payment Services
Paystone CEO Tarique Al-Ansari says the deal will “provide additional value to CPS merchants”.
Banking Tech Awards 2021 Highly Commended: QuickFi – Best Use of IT for Lending
QuickFi eliminates loan officers and other salespeople in favour of an entirely new borrower self-service experience.
JP Morgan acquires 49% stake in European SME paytech Viva Wallet
JP Morgan says Viva Wallet is a “natural fit” for its payments business.
Modifi acquires Seawise Capital’s trade finance and SaaS business in India
Modifi’s business in India has grown more than 2,100% over the past 18 months.
The state of start-up funding in Europe
European start-ups are starting to have access to a far broader and more founder-focused investment ecosystem.
