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Midas raises USD 45 million in Series A funding

News | Cryptocurrencies | 23 Apr 2024

Turkey-based retail investing startup Midas has raised USD 45 million in a Series A funding round led by Portage.

funding, investment, cryptocurrency, expansion, fintech

OnePay introducing payments via WhatsApp

News | Online & Mobile Banking | 23 Apr 2024

OnePay, a Colombian fintech startup, has introduced a novel payment processing method via WhatsApp, aiming to simplify transactions for users.

mobile payments, funding, partnership, digital payments

Payflows raises EUR 25 million in Series A funding round

News | Online & Mobile Banking | 23 Apr 2024

France-based SaaS platform for finance teams, Payflows has announced the rise of EUR 25 million in a Series A funding round, aimed at its expansion strategy. 

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

Nu Mexico receives USD 100 million in equity

News | Online & Mobile Banking | 22 Apr 2024

Nu Holdings, a digital financial services platform, has announced that it intends to increase Nu Mexico’s equity capitalisation by nearly USD 100 million. 

investment, funding, financial services, financing , customer experience, expansion

Barclays urges action as the investment scams rise

News | Digital Identity, Security & Online Fraud | 22 Apr 2024

Barclays has classed social media platforms to act in order to improve verification of financial adverts, as investment scams rise by 29 percent.

product launch, fraud management, fraud detection, fraud prevention, online fraud, investment, funding

Pliant secures EUR 18 mln Series A extension led by PayPal Ventures

News | Cards | 19 Apr 2024

Pliant has raised more than EUR 18 million in Series A extension financing led by PayPal Ventures to expand into the UK and other markets outside the EU.

funding, expansion, fintech, payment processing, EMI licence

Ramp secures USD 150 million in Series D-2 round

News | Online & Mobile Banking | 19 Apr 2024

US-based spend management company Ramp has announced that it secured USD 150 million in a Series D-2 funding round in a bid to expand operations.

funding, spend management, investment, risk management, payments

Toku secures USD 9.3 million in funding

News | Payments General | 18 Apr 2024

US-based recurring payments platform Toku has raised USD 93 million in a new funding round to fuel expansion in Mexico, Brazil, and Chile.

recurring payments, digitalisation, expansion, funding, digital payments

Flatpay secures USD 47 mln Series B funding

News | Payments General | 18 Apr 2024

Denmark-based payment solutions provider Flatpay has raised USD 47 million in its Series B funding round led by Dawn Capital.

merchants, POS, funding, SMEs, expansion

Stripe secures USD 694 million in tender offer

News | Online Payments | 16 Apr 2024

Financial infrastructure platform for businesses Stripe has announced that it secured USD 694.2 million in the tender offer from February 2024. 

funding, investment, financial services, public listing, online payments

Mimo raises GBP 15.5 mln and launches B2B payments platform

News | Payments General | 12 Apr 2024

UK-based payments platform Mimo has secured a GBP 15.5 million investment led by Northzone to launch a platform that simplifies B2B payments.

SMEs, cash flow, B2B payments, funding, trade finance

FloQast secures USD 100 million in Series E funding

News | Online & Mobile Banking | 11 Apr 2024

Finance and accounting operations platform provider FloQast has obtained USD 100 million in a Series E funding round.

funding, investment, financial services, partnership

Internet Bank Bunq secured EUR 29 million

News | Online & Mobile Banking | 10 Apr 2024

Internet Bank Bunq has announced the rise of EUR 29 million capital injection, as it made a net profit of EUR 53 million in 2023 via its increased interest income.

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

Sprinto raises USD 20 million in Series B funding

News | Digital Identity, Security & Online Fraud | 10 Apr 2024

US-based security compliance and risk platform Sprinto has raised USD 20 million in a Series B funding round led by Accel.

funding, investment, compliance, risk management

TransferGo secures USD 10 million funding for Asia-Pacific expansion

News | Payments General | 10 Apr 2024

TransferGo, a UK-based fintech specializing in global remittances, has secured a USD 10 million growth funding round from investor Taiwania Capital.

fintech, financial services, remittances, funding

Unlimit leads Paytring's pre-seed funding round

News | Payments General | 09 Apr 2024

Global fintech company specialising in payments, Unlimit, has become the lead investor in payment orchestration platform Paytring’s pre-seed funding round. 

funding, investment, payments , online payments, mobile payments, digital payments, ecommerce

Hokodo receives EUR 100 million debt facility

News | Payments General | 08 Apr 2024

UK-based B2B Buy Now, Pay Later (BNPL) solution provider Hokodo has announced that it secured a EUR 100 million debt facility from Viola Credit to support B2B transactions.

debt facility, funding, B2B payments, online payments, merchant, marketplace, BNPL

Navigating global payments and commerce: perspectives from PPRO

Interviews | Payments General | 08 Apr 2024

We interviewed the CEO of PPRO, Motie Bring, to learn more about the pivotal milestones of 2023 for the company, as well as the strategies for global growth and insights on the evolving payments landscape. 

ecommerce, payments , cross-border payments, funding, instant payments, local payment method, recurring payments, gig economy

Xoom allows US users to fund transfers with PYUSD stablecoin

News | Cryptocurrencies | 05 Apr 2024

Xoom, PayPal's cross-border money transfer service, now allows US users to fund transfers abroad using USD converted from the PayPal USD (PYUSD) stablecoin.

cross-border payments, stablecoin, transactions , funding

Brim Financial raises USD 85 mln in Series C funding

News | Online & Mobile Banking | 04 Apr 2024

Canada-based fintech infrastructure company Brim Financial has secured USD 85 million in a Series C funding round.

funding, investment, fintech, Open Banking