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Mnaara launches in the UK

News | Online & Mobile Banking | 24 Apr 2024

Digital investment platform Mnaara has expanded in the region of the UK to provide access to private market investments for Shariah-conscious investors. 

expansion, product launch, banking, online banking, mobile banking, digital banking, financial services, financial institutions

Insights from the Innovate Finance Global Summit (IFGS) 2024

Voice of the Industry | Mobile Payments | 24 Apr 2024

IFGS 2024 brought together industry leaders spanning innovators, fintech executives, institutions, regulators, policymakers, startups, and investors for two days of thought-provoking discussions in one venue.


fintech, financial inclusion, Open Banking, Open Finance, payments , regulation, financial data, cryptocurrency

Alisa Bank and PURO Finance agree on a combination

News | Online & Mobile Banking | 15 Apr 2024

The board of directors of Finland-based Alisa Bank and the shareholders of PURO Finance have agreed on the combination of the companies through a share exchange.

digital banking, acquisition, SMEs, banks, fintech

Uzum raises USD 114 million in funding

News | Payments General | 26 Mar 2024

Uzbekistan-based digital services ecosystem Uzum has announced that it raised USD 114 million in funding, securing its unicorn status with a post-money valuation of over USD 1 billion. 

funding, investment, BNPL, digital payments, digitalisation, SMEs, ecommerce

Addi raises USD 86 million in funding

News | Payments General | 20 Mar 2024

Colombia-based fintech Addi has raised USD 86 million in a funding round that included both equity and debt financing.

funding, investment, fintech, BNPL

SAPI raises GBP 7.5 mln to turn payment companies into lenders

News | Online & Mobile Banking | 20 Mar 2024

UK-based fintech startup SAPI has closed a GBP 7.5 million equity funding round to augment the small business lending landscape.

startup, fintech, embedded finance, lending, SMEs

The Paypers Global Fintech Investments Analysis: Q4 2023

Voice of the Industry | Payments General | 19 Mar 2024

The Paypers analysed the most relevant investments that were announced during Q4 2023 and discovered a surge in funding for companies operating in Africa, the Middle East, Europe, and North America. Financing rounds indicate a preference for digital lending and banking, payment apps  and commerce solutions, and Buy Now, Pay Later services. 

investment, funding, expansion, payments , banking, ecommerce, The Paypers Quarterly Analysis series, financial inclusion, SMEs

Peloton Technologies launches a new feature for SMEs

News | Payments General | 11 Mar 2024

Canada-based cloud-based platform Peloton Technologies has launched PCI compliant payment links for businesses.

product launch, fintech, SMEs, cloud services

Visa+ now available to all DailyPay users

News | Payments General | 07 Mar 2024

DailyPay, a launching partner for Visa+, has announced that the new service is available to the company's users in the US. 

partnership, product launch, payments , digital payments

wagely secures USD 23 million

News | Online & Mobile Banking | 05 Mar 2024

wagely has secured a USD 23 million funding round, aiming to provide its customers with improved solutions and expand in Indonesia and Bangladesh.  

funding, investment, banking, online banking, mobile banking, digital banking, financial services, financial institutions

TrueNorth partners with Brim Financial

News | Payments General | 04 Mar 2024

Global fintech services company TrueNorth has partnered with Brim Financial to provide consumer, SME, and commercial credit card solutions to banks and fintechs in the US and Canada.

financial services, financial institutions, partnership, SMEs, lending, credit card

Barclays sells credit card debt to Blackstone

News | Payments General | 28 Feb 2024

British multinational universal bank Barclays has decided to sell around USD 1.1 billion worth of credit card debt to private equity firm Blackstone.

credit card, partnership, acquisition, banks, equity

Napier AI secures funds from Crestline Investors

News | Digital Identity, Security & Online Fraud | 21 Feb 2024

UK-based Napier AI, a regtech specialising in financial crime compliance, has received a significant investment from Crestline Investors, a US-based institutional alternative asset manager.

regtech, financial crime, compliance, investment, funding

ID Finance obtains USD 150 million in debt financing

News | Online & Mobile Banking | 06 Feb 2024

Spain-based fintech company ID Finance has obtained USD 150 million in debt financing to support its financial wellness app.

funding, investment, product upgrade, fintech

Access FS and Nomo Bank partner to provide Sharia property finance

News | Online & Mobile Banking | 30 Jan 2024

Access Financial Services has partnered with Nomo Bank, a digital Sharia-compliant bank, to offer Sharia-compliant property finance for UK rental and residential property.

banking, lending, digital banking, bank account

DailyPay secures USD 175 million to support its expansion

News | Payments General | 19 Jan 2024

US-based on-demand pay company DailyPay has secured USD 175 million to support its expansion and product development efforts.

investment, funding, expansion, product upgrade, online banking

DMI announces the acquisition of ZestMoney

News | Payments General | 18 Jan 2024

Financial services platform DMI Group has announced the acquisition of digital customer onboarding and servicing system ZestMoney.

acquisition, digital onboarding, financial services, lending

Trinity Capital provides USD 30 mln growth capital to Cart.com

News | Payments General | 22 Dec 2023

US-based Trinity Capital financial solutions company has committed to providing USD 30 million in growth capital to Cart.com, a provider of unified commerce and logistics solutions. 

investment, funding, partnership, marketplace, ecommerce

Updraft completes GBP 272m debt and equity round

News | Online & Mobile Banking | 19 Dec 2023

UK-based financial app Updraft has successfully completed a GBP 272 million debt and equity round in a bid to advance its debt zero initiatives.

funding, investment, debt facility, equity, lending

Aye Finance raises USD 37.18 million

News | Online & Mobile Banking | 15 Dec 2023

India-based startup Aye Finance has raised USD 37.18 million in a funding round led by British International Investment.

startup, investment, funding, financial inclusion, SMEs, SME lending