Tagged: fintech

India’s Major Fintech Paytm Looking to Strengthen its PG Biz via Acquisition

Alibaba-backed Indian major Fintech major Paytm is reported to be in talks with a few domestic payment gateways for a possible acquisition as it firms up its strategy to go public this year. Paytm, owned by financial services firm One97, plans a $3 billion initial… Read More

European Fintech Adyen expands operations in the U.S market

Amsterdam-headquartered Adyen (AMS: ADYEN) is on an expansion spree. After entering the Middle East market, the company has now received a banking branch charter in the United States to establish a Federal Foreign Branch, the company said. Banking licensing overseer, the Office of the Comptroller of… Read More

German Fintech Raisin Crosses Billion Euro ETF Threshold

European wealth management fintech Raisin has crossed one billion euros in assets under management, largely on the strength of its growing business in Germany. Over the past six months, German investments have surged by 35 percent as investors access Raisin’s ETF investment products, an area… Read More

Open bank Yapily to offer bulk payments for SMEs, to expand services in Germany soon

London-based Yapily, a leading Open Banking infrastructure provider, has launched a new bulk payments service in the UK market. Yapily has started the service by going live with Comma, an SME payments platform in that country.    Yapily claims to have simplified the complex process of bulk payments… Read More

India’s Paytm confirms getting board approval for its $3bn IPO

Alibaba-backed One97 Communications, which owns mobile payments firm Paytm, has received a green nod from its board to go public. In a letter to all its stakeholders and employees having stock options, the company said it had received in-principle approval from its board to issue… Read More

Challenger bank Dave to go public through $4 bn SPAC deal

American Challenger bank and personal finance app Dave has announced that it plans to go public through a merger with a blank-check firm sponsored by investment firm Victory Park Capital. With this, the banking app’s valuation has ballooned to $4 billion amidst a pandemic that… Read More

Klarna Bank eyes U.S listing as U.K regulators review ‘buy now pay later’ sector

Swedish Fintech startup Klarna Bank AB is apparently considering a share listing in the U.S. market. According to a Bloomberg report, Klarna is likely to choose the U.S. market even as the U.K. authorities continue to scrutinize the buy-now-pay-later startups in the region.  In the… Read More

U.S. Fintech Rapyd Unveils Venture Arm For Digital Commerce & Payment Innovation Globally

B2B fintech-as-a-service provider Rapyd announced on Thursday its new venture arm, which will focus on investing in early and growth-stage businesses that are delivering the next wave of financial services innovation. The company reported that the arm will be led by Joel Yarbrough, MD of Rapyd… Read More

U.S. Fintech The Beans Secures $2 Million Through Latest Investment Round Led By Precursor Ventures

   The Beans, a U.S.-based fintech startup announced on Thursday it secured $2 million through its investment round, which was led by Precursor Ventures with participation from Relay Ventures, One Planet VC, Swing Ventures, Oxford Angel Fund, and a group of notable angel investors. The Beans describes itself… Read More

Veem Announces Expansion of No-Fee Domestic Payment Services to Canada

  U.S.-based payments platform Veem announced on Wednesday the expansion of its no-fees domestic payment services to Canada. The service, called Veem Local Canada, will include Electronic Funds Transfers (EFT), which will give Canadian business owners a new, easy-to-use tool for payment options. According to… Read More

U.S. Fintech Taulia Announces New Footprint in China & Singapore

  Taulia, a U.S.-based working capital solutions provider, announced on Tuesday it has expanded its global footprint by growing its presence in both China and Singapore. Founded in 2009, Taulia claims to be a leading provider of working capital solutions. Through a combination of its… Read More

Heathcare Fintech Green Feather Raises $1.5 Million Through Latest Seed Investment Round

  Green Feather, a U.S.-based healthcare fintech and the creator of patient payments platform, Feather Pay, announced on Wednesday it raised $1.5 million through its latest seed investment round, which was led by Lawrence P. Huang, Co-Foudner of Ciena Corp. and Executive Chairman of Green… Read More

Latin American Fintech Belvo Secures $43 million to Accelerate Open Finance Platform Expansion

  Belvo, a Latin American fintech, announced on Tuesday it secured $43 million through its Series A funding round, which saw participation from Future Positive and FJLabs. Founded in 2019, Belvo enables financial innovators to access and interpret data from their end-users in an easy… Read More

CommonBond Appoints Square’s Sonali Sambhus to Board of Directors

  CommonBond, an online lending platform servicing the student loan market, announced on Tuesday it has appointed Sonali Sambhus to its Board of Directors. According to CommonBond, Sambhus currently leads the developer platform at Square.  CommonBond also revealed that Sambhus has two decades of experience building technology products, from… Read More

NatWest Now Calling for Small Businesses to Join “Together for our Planet” Climate Action Government Campaign

    UK banking group NatWest recently announced it is encouraging small business customers to make a climate commitment and join the government’s Together for our Planet ‘business climate leaders’ campaign, which was launched by the Prime Minister Boris Johnson and Business & Energy Secretary. NatWest… Read More

Curve Closes Latest Crowdfunding Campaign With Nearly £10 Million Raised

  Curve, a banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, closed its equity crowdfunding campaign on Crowdcube with nearly £10m in funding from 11,795 investors. Curve also claimed it was the fastest ever company on Crowdcube to raise… Read More

U.S. Auto Financing Fintech MotoRefi Scores $45 Million Through Series B Investment Round Led By Goldman Sachs Asset Management

  MotoRefi, an auto refinancing startup on a mission to help consumers save on their car loans, announced on Friday it scored $45 million through its Series B investment round, which was led by Goldman Sachs Asset Management. The latest investment round comes less than… Read More

Circle Secures $440 Million Through Latest Investment Round

  Global fintech Circle announced on Friday it secured $440 million through its latest investment round.  Fidelity Management and Research Company, Marshall Wace, Willett Advisors, Intersection Fintech Ventures, Atlas Merchant Capital, Digital Currency Group, FTX, Breyer Capital, Valor Capital Group, Pillar VC, as well as Michael J…. Read More

Stripe Announces “Payment Links” Feature to Enable Online Sales Without Any Code Within Minutes

U.S.-based fintech Stripe announced earlier this week the launch of Payment Links. Stripe claims that Payment Links is the simplest way for businesses to create a full payment page with just a few clicks, and share the link with their customers, with no code required. “Payment… Read More

Flexa Announces “Pay With Flex” Option For Instant Online Bitcoin & Digital Currencies Acceptance

    Flexa, a global network uniting retail and blockchain technologies, announced on Wednesday its digital currency acceptance offering to include a suite of eCommerce plug-ins that enable merchants to accept digital currencies via their online retail channels instantly and with guaranteed zero fraud. Flexa… Read More

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