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Revio raises USD 1.1 mln in seed funding

News | Payments General | 28 Nov 2022

South-Africa based API payment and collections company Revio has raised USD 1.1 million in a seed round led by SpeedInvest to reduce payments failure in emerging markets.

funding, investment, payments , digital payments, API, payment processing, payments infrastructure

Binance is ready to commit USD 1 billion for a crypto recovery fund

News | Cryptocurrencies | 28 Nov 2022

Blockchain and cryptocurrency infrastructure provider Binance has revealed plans to commit USD 1 billion for a cryptocurrency recovery fund.

cryptocurrency, funding, cryptocurrency exchange, blockchain

Novo secures USD 125 mln in Series B funding

News | Online & Mobile Banking | 25 Nov 2022

US-based neobank Novo has raise a USD 125 million Series B round to scale operations and reach more customers in the near future.

neobanks, funding, SMEs, cash flow, Same Day ACH

Prosper Marketplace closes USD 75 mln financing round

News | Payments General | 23 Nov 2022

Prosper Marketplace, a US-based peer-to-peer lending platform, has closed a new USD 75 million financing round from Neuberger Berman.

funding, P2P lending, credit card, investment, artificial intelligence

NAGA implements TrueLayer's technology

News | Payments General | 22 Nov 2022

NAGA, a social trading platform, has implemented TrueLayer’s platform to improve the customer onboarding experience and provide closed loop payments.

partnership, payments , trading platform, digital onboarding, funding

Daylight raises USD 15 mln

News | Online & Mobile Banking | 21 Nov 2022

Daylight has announced a USD 15 million Series A round led by Anthemis Group with participation from CMFG Ventures, Kapor Capital, Citi Ventures, and Gaingels.

neobanks, product launch, funding, financial services, financial inclusion

Payouts fintech WeGift secures GBP 26 mln funding

News | Payments General | 18 Nov 2022

UK-based digital payouts fintech WeGift has bagged a GBP 26 million funding round to tap into a wave of companies dishing out one-off payments to staff and customers.

payout, funding, investment, fintech, inflation

SoftBank to sell 29 mln shares in Paytm worth USD 215 mln

News | Online & Mobile Banking | 18 Nov 2022

Japan-based SoftBank has planned to sell 4.5% stake in fintech Paytm, worth USD 215 million at a discount of 7% after the lock-in period.

investment, IPO, fintech, funding, Paytm

Boodil secures GBP 525K for Open Banking payments

News | Online & Mobile Banking | 16 Nov 2022

UK-based Open Banking payments and consumer engagement app Boodil has raised GBP 525,000 in pre-seed funding, an official press release shows.

investment, funding, Open Banking payments, Open Banking

Ramp raises USD 70 million in Series B funding round

News | Cryptocurrencies | 14 Nov 2022

Crypto payments company Ramp has secured USD 70 million in a Series B funding round led by Mubadala Capital and Korelya Capital.

funding, investment, cryptocurrency, web3

KKR leads USD 48 mln Series C funding round in Privy

News | Digital Identity, Security & Online Fraud | 14 Nov 2022

Global investment firm KKR has announced it will participate as a lead investor in a USD 48 million Series C funding round in digital trust provider, Privy.

investment, funding, fraud management, fraud detection, fraud prevention, digital identity, online fraud

Yassir raises USD 150 million for its super app

News | Ecommerce | 09 Nov 2022

US-based super app Yassir has secured USD 150 million in Series B funding to expand in Africa and the Middle East.

ecommerce, super app, banking, mobile payments, funding

Plend raises GBP 40 million

News | Online & Mobile Banking | 04 Nov 2022

Plend, a UK-based fintech, has raised GBP 40 million in a seed funding with new investors including Active Partners, Velocity Juice, and Sivo.

funding, investment, financial inclusion, fintech, banks

The Paypers Global Fintech Investments Analysis: Q3 2022

Voice of the Industry | Payments General | 04 Nov 2022

The Paypers studied the most relevant investments announced during Q3 2022. While the global fintech industry is growing at a slower pace compared to 2021, BNPL, embedded finance, and lending still seem safe investment bets.

fintech, investment, BNPL, embedded finance, funding, financial services, mobile banking, COVID-19, startup, neobanks

Form3 receives EUR 23 mln in funding

News | Online & Mobile Banking | 01 Nov 2022

UK-based cloud payment technology provider Form3 has secured a EUR 23 mln venture debt facility destined towards the company’s expansion.

cloud banking, API, fintech, growth markets, funding

Money Fellows secures USD 31 mln in Series B funding round

News | Online & Mobile Banking | 31 Oct 2022

Egypt-based fintech Money Fellows has raised USD 31 million in series B funding to grow its portfolio of services and expand across Africa and Asia.

funding, investment, B2B payments, financial services, digital banking

ConnexPay secures USD 110 mln growth investment led by FTV Capital

News | Payments General | 27 Oct 2022

US-based paytech ConnexPay has received USD 110 million in growth equity to drive global expansion and unify the payments ecosystem.

funding, expansion, investment, fintech, reconciliation, travel payments, Issuer

Finexio raises USD 35 million in Series B funding

News | Online Payments | 27 Oct 2022

US-based B2B accounts payables (AP) Payments-as-a-Service company Finexio has raised USD 35 million in Series B funding at a USD 100 million pre-money valuation.

funding, investment, accounts payable, Payments-as-a-Service

Walmart to raise around USD 3 billion for Flipkart

News | Ecommerce | 26 Oct 2022

India-based Flipkart has considered raising USD 2 to 3 billion at a valuation of more that USD 40 billion to expand its product range in India, according to sources cited by Mint.

Flipkart, Walmart, IPO, funding, acquisition

Tymit secures GBP 23 mln Series A funding round

News | Online Payments | 26 Oct 2022

UK-based credit company Tymit has received GBP 23 million in Series A funding to reimagine the Buy Now, Pay Later (BNPL) market.

BNPL, instalment payments, funding, merchant, online payments