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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
Adyen, a global financial technology company, and UNICEF have announced the establishment of a global partnership aimed at advancing shared goals for children's well-being worldwide.
partnership, financial inclusion, sustainability , donation
XION, a blockchain designed for widespread acceptance, has announced a successful fundraising round of USD 25 million from investors.
digital currency, blockchain, web3, cryptocurrency
Germany-based payment processor Micropayment has partnered with Sweden-based Open Banking platform Tink to add Pay by Bank to its payment offering.
Open Banking, payment methods, account-to-account payment, merchant, payment processing
Colombia-based fintech Addi has raised USD 86 million in a funding round that included both equity and debt financing.
funding, investment, fintech, BNPL
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
Digital bank Monzo has engaged in advanced talks to sell a USD 50 million stake to Singapore’s Government Investment Corporation.
funding, digital banking, acquisition, fintech, neobanks
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
UK-based bank payment company GoCardless has announced that it became an approved supplier of Crown Commercial Service’s (CCS) Open Banking Dynamic Purchasing System (DPS) framework.
Open Banking, online banking, charity, donation, Variable Recurring Payments
A significant devaluation of Revolut, one of the UK's prominent fintech companies, has been indicated by a major shareholder.
banking license, fintech, financial services, digital banking
Canada-based cloud-based platform Peloton Technologies has launched PCI compliant payment links for businesses.
product launch, fintech, SMEs, cloud services
US-based crypto wallet company Fordefi has secured USD 10 million in venture capital investment to expand its crypto wallet to retail-facing platforms.
investment, funding, cryptocurrency, digital wallet, DeFi
UK-based fintech Fnality has announced its intention to expand its blockchain-based payment system in the US after its launch in the UK.
expansion, blockchain, payment system, crypto, banks
Switzerland-based digital asset banking group Sygnum has successfully secured over USD 40 million in its ongoing Strategic Growth Round.
funding, investment, expansion, digital assets
As the global payments threat landscape becomes increasingly complex, and technology advances at an unprecedented rate, regulatory initiatives follow. Maya Shabi, Senior Threat Detection and Product Strategist at EverC, discusses how this will impact payment providers.
online payments, payments , AML, regulation, financial institutions, financial sanctions, terrorism, cybercrime, funding, compliance
US-based payment and data security company Bluefin has announced the availability of PCI-validated P2PE SmartPOS payment devices for its global customers.
POS, product launch, Android, payment processor, encryption, tokenization
UK-based charity Comic Relief has announced its partnership with GoCardless in order to easily and securely collect recurring donations all year around.
partnership, financial services, financial institutions, donation, charity, payment, online payments, mobile payments, digital payments
Germany-based online bank N26 has revealed its plans to permit customers in Austria and Germany to trade stocks and exchange-traded funds (ETFs).
cryptocurrency, digital assets, online bank, mobile banking
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
Neonomics has announced its partnership with Ping Payments in order to optimise the expansion and development of Open Banking services across the Nordics.
partnership, Open Banking, Open Finance, banking, online banking, mobile banking, digital banking, account-to-account payment, identity verification