Acurio Ventures Leads PassEntry Investment

This past week, PassEntry announced a strategic investment led by Bonsai Partners and Acurio Ventures to strengthen its digital pass issuance and enhance integrations with point-of-sale (POS) systems worldwide. The company said it expects this investment to triple its customer base and expand into five countries… Read More

UAE-Based Flow48 Raises $69m in Series A Round to Expand SME Financing

UAE-based Fintech Flow48 has secured $69 million in a Series A funding round comprising debt and equity, as it seeks to scale its SME financing solutions in the Middle East and North Africa (MENA). The round was led by Breega and included participation from 212,… Read More

Betterment Advisor Solutions Introduces All-Digital Solo 401K

Betterment Advisor Solutions (BAS), the “all-in-one” custodian for modern RIAs, has recently announced the launch of an all-digital solo 401(k), designed for independent advisors and their self-employed clients. Betterment‘s solo 401(k) is built upon its existing “record keeping system that today powers Betterment at Work.”… Read More

Digital Banking: myTU Raises €10 Million in Oversubscribed Series A

Digital banking enabler myTU says it has raised €10 Million in an oversubscribed Series A funding round. The Fintech said its original target had been €9 million. myTU raised money at a pre-money valuation of €35 million. The funding round was backed by existing investors… Read More

Payments Fintech Cino Raises €3.5 Million Seed Round

Balderton Capital has led the seed round for Cino, a real-time payments Fintech. Connect Ventures also participated as well as Barney Hussey-Yeo (founder of Cleo). The company says the funding will support Cino’s launch in the UK. Based in Estonia, Cino was co-founded by two… Read More

Augie Card Allows Users to Build Credit Through Recurring Payments

This week, Augie introduced a credit card that enables consumers to build credit without setting aside security deposits, paying fees, or incurring interest charges. “The credit card industry hasn’t meaningfully evolved since its inception, even though how people manage money today is completely different,” said… Read More

Visa Tap to Phone Adoption Reportedly Increases 200% YoY Globally

Visa (NYSE: V) announced that Tap to Phone has experienced “a 200% increase over the past year, supporting millions of sellers of all sizes.” In the highest Tap to Phone countries – the U.S., UK, and Brazil – adoption rates have surged, “showing a combined… Read More

UK Finance Shares Update on Household Spending, Savings, Borrowing

UK Finance has released its latest Household Finance Review for Q4 2024, which explores trends in household spending, saving, and borrowing. UK Finance noted in the update that the mortgage market strengthened in Q4 2024, with both first-time buyers and home mover numbers “up by… Read More

African Fintech Flutterwave Secures Zambian License

Flutterwave, a leading African payments technology company, has officially secured a payment system license to operate in Zambia. This new license positions Flutterwave to deliver mobile money services to enterprises in Zambia. The company believes its potential in Zambia is substantial, given the country’s increasing… Read More

Investment Platform Monorail Lists Securities Offering on Republic

Monorail, a financial App that allows people to invest in companies that align with their American values, has reportedly secured $60,298 via Republic (at the time of writing). So far, the company has raised 4% of its $1.23M max goal from 43 investors. According to the… Read More

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