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Addi obtains USD 100 million credit facility from Victory Park Capital

News | Payments General | 21 Nov 2024

Colombia-based fintech Addi has obtained a USD 100 million credit facility from Victory Park Capital, with the funds assisting its financing of credit originators in the region. 

funding, investment, partnership, BNPL, expansion, financial services

VoloFin secures USD 50 million to provide Indian exporters with optmised trade finance

News | Online & Mobile Banking | 20 Nov 2024

Supply chain fintech VoloFin has announced the rise of USD 50 million in order to provide Indian exporters with optimised access to trade finance.

funding, investment, banking, financial services, financial institutions

Atome Financial secured up to USD 200 million to support financial inclusion

News | Online & Mobile Banking | 20 Nov 2024

Atome Financial has secured a syndicated credit facility of up to USD 200 million, expected to accelerate financial inclusion in the region of Southeast Asia.

investment, funding, banking, financial services, financial institutions

Solvento raises USD 12.5 million Series A funding round

News | Payments General | 19 Nov 2024

Solvento has raised USD 12.5 million Series A funding to scale its software and financial solutions through Mexico and expand its solutions to US companies. 

funding, investment, payments , ecommerce

MSB boosts digital transformation with platform investment

News | Online & Mobile Banking | 18 Nov 2024

Maritime Commercial Joint Stock Bank (MSB) has invested in the Backbase Engagement Banking Platform to accelerate its digital transformation and improve customer experiences.

investment, retail, banks, transactions , digital banking

Payfinia launches CUSO with Star One Credit Union investment

News | Payments General | 18 Nov 2024

Payfinia has announced the launch of its Payfinia Credit Union Service Organization in order to support payment modernisation services and embedded fraud controls.

product launch, payments , investment

Selfwealth receives second acquisition bid from AxiCorp Financial Services

News | Online & Mobile Banking | 15 Nov 2024

Selfwealth has received a non-binding indicative proposal from AxiCorp Financial Services, as the latter aims to acquire 100% of the shares for USD 0.23 cash per share. 

investment, acquisition, banking, financial services, financial institutions

Agicap raises EUR 45 million in Series C funding round

News | Online & Mobile Banking | 14 Nov 2024

France-based Agicap has announced that it closed a EUR 45 million Series C funding round, with the company planning to further solidify its position in Europe. 

investment, funding, SMEs, expansion, financial services, cash management, cash flow, fintech

NovoPayment obtains USD 20 million investment from Morgan Stanley

News | Payments General | 14 Nov 2024

Investment funds managed by Morgan Stanley Expansion Capital have announced a USD 20 million investment in NovoPayment to assist the latter’s expansion of commercial partnerships. 

investment, funding, digital payments, financial services, fintech, expansion

SmartBank secures USD 26 million for its personal finance management app

News | Online & Mobile Banking | 14 Nov 2024

Japan-based startup SmartBank has announced the rise of a USD 26 million funding round, aimed at the development of its personal finance management app. 

funding, investment, banking, personal finance management

Lean Technologies raises USD 67.5 million to scale its Pay-by-Bank and Open Banking tools

News | Online & Mobile Banking | 13 Nov 2024

Saudi Arabia-based fintech infrastructure platform Lean Technologies has raised USD 67.5 million in a Series B funding round to scale its Pay-by-Bank and Open Banking offerings.

funding, investment, banking, Open Banking, Open Finance

Argentine company Ualá raises USD 300 million in new funding round

News | Online & Mobile Banking | 12 Nov 2024

Argentine fintech company Ualá has announced the raise of USD 300 million in a new funding round, which will allow the company to reach full profitability in all markets. 

funding, investment, banking, financial services, financial institutions

iwoca secures GBP 200 million in new funding round

News | Online & Mobile Banking | 12 Nov 2024

UK-based small business lender iwoca has announced that it obtained GBP 200 million in a new funding round. 

funding, investment, SMEs, SME lending, financial services

Satispay raises EUR 60 million to further drive its service expansion

News | Payments General | 11 Nov 2024

Italy-based unicorn Satispay has announced the rise of EUR 60 million funding round, aimed at further driving its service expansion for its customers and partners.

funding, investment, payments , ecommerce

ADIB safely tests fractional Sukuks offering for retail investors

News | Payments General | 11 Nov 2024

Abu Dhabi Islamic Bank (ADIB) has announced that it conducted successful testing of the fractional Sukuk technology, with the move assisting the UAE’s position in global financial services and innovation. 

product launch, financial services, investment, retail, online security, digital payments

MODIFI obtains USD 15 million from SMBC Asia Rising Fund

News | Online Payments | 08 Nov 2024

Germany-based fintech MODIFI has announced that it secured USD 15 million in a funding round led by SMBC Asia Rising Fund. 

investment, funding, SMEs, cross-border payments, B2B payments

Sunbit secures USD 355 million debt facility

News | Payments General | 07 Nov 2024

Sunbit has obtained a USD 355 million debt warehouse facility, led by financial institutions JP Morgan, Mizuho Bank Ltd., and Waterfall Asset Management.

funding, investment, BNPL, POS, mobile payments

Veefin acquires Singapore-based AI startup Walnut

News | Online & Mobile Banking | 06 Nov 2024

Mumbai-based supply chain fintech startup Veefin has announced its decision to acquire a stake in a Singapore-based genAI startup Walnut.

acquisition, investment, banking, artificial intelligence, financial services

Neem secured USD 4 million credit facility

News | Online & Mobile Banking | 05 Nov 2024

Neem has announced the rise of USD 4 million credit facility from DNI Group to scale its earned wage access solution across the region of Pakistan.

funding, investment, banking, financial inclusion, financial services

Barclays acquires Tesco Bank

News | Online & Mobile Banking | 04 Nov 2024

British multinational universal bank Barclays has announced the completion of its acquisition of the retail banking business of Tesco Personal Finance.

acquisition, investment, banking, financial services, financial institutions