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iDenfy joins forces with Juni

News | Digital Identity, Security & Online Fraud | 29 Jun 2022

iDenfy, a Lithuania-based identity verification and compliance company, has joined forces with Juni, a financial management platform made for ecommerce.

fintech, partnership, startup, online fraud, fraud prevention

Enterprise blockchain firm SETL acquired by fintech Colendi

News | Online & Mobile Banking | 27 Jun 2022

Turkey-based embedded fintech startup Colendi has acquired enterprise blockchain firm SETL, in which Citi was the largest outside shareholder.

acquisition, blockchain, fintech, startup, digital wallet

Nigerian startup Kora expands to UK

News | Online & Mobile Banking | 24 Jun 2022

Kora, a Nigerian payment infrastructure startup, has also launched in the UK in partnership with the municipal government of Birmingham.

expansion, product launch, partnership, fintech, startup

Neobank StashFin raises USD 270 mln

News | Payments General | 22 Jun 2022

Singapore-based neobanking startup StashFin has raised USD 70 million in equity funding led by Uncorrelated Ventures and around USD 200 million in debt through Fasanara Capital, with participation from Abstract Ventures.

neobanks, startup, funding, expansion, data

Muse Finance launches solution combining supply chain and invoice finance

News | E-invoicing, SCF & E-procurement | 22 Jun 2022

Muse Finance, a UK-based business finance startup, has launched a new solution combining supply finance and invoice finance, to help businesses pay overseas suppliers while unlocking cash tied up in their pending invoices.

product launch, supply chain finance, e-invoicing, startup, cash flow

Kernolab partners with Ondato for KYC compliance capabilities

News | Digital Identity, Security & Online Fraud | 22 Jun 2022

Kernolab, a Lithuania-based fintech startup focused on helping businesses drive value through embedded finance solutions, has partnered with Ondato for all KYC compliance capabilities.

fintech, partnership, startup, embedded finance, KYC

Sella launches startup acceleration programme focused on the metaverse

News | Cryptocurrencies | 22 Jun 2022

The Sella Group has introduced the Metaverse 4 Finance Accelerator, reportedly representing the first Italian acceleration programme.

metaverse, startup

PayGlocal raises USD 12 mln

News | Online Payments | 20 Jun 2022

India-based startup PayGlocal has secured USD 12 million in funding to enable merchants to accept cross-border payments in their preferred currency.

merchant, startup, cross-border payments, funding, fraud prevention

API startup Formance secures USD 3.1 mln pre-seed

News | Payments General | 20 Jun 2022

France-based payment flows API startup Formance has raised USD 3.1 million to scale up its product offering and onboard new marketplaces and fintechs.

API, funding, startup, marketplace, fintech, payment processing

Arc partners with Stripe to launch Arc Treasury

News | Payments General | 16 Jun 2022

Arc, a full-service finance platform for startups, has launched Arc Treasury, built in partnership with Stripe.

partnership, product launch, startup, API, financial services

Mastercard launches Start Path Open Banking program

News | Online & Mobile Banking | 16 Jun 2022

Mastercard has launched the Start Path Open Banking global program to engage Open Banking startups on their path to scale, uncover new opportunities to co-innovate, and power experiences that enable consumer choice.

Open Banking, startup, expansion, fintech, financial data

Weavr enters Portugal in Europe expansion

News | Payments General | 16 Jun 2022

UK-based fintech Weavr has launched its ‘Plug-and-Play’ solutions in Portugal and signed deals with two local companies.

BaaS, expansion, compliance, regulation, startup, embedded finance

Rauya to deliver country-specific banking tools

News | Online & Mobile Banking | 10 Jun 2022

Rauva, an EU-based startup building a financial super-app, has announced that its platform will deliver country-specific banking and financial management tools to freelancers and SMEs in Mediterranean Europe.

super app, SMEs, startup, spend management, cash flow

Klat raises USD 70 mln

News | Online & Mobile Banking | 10 Jun 2022

Mexico-based digital bank Klar has raised USD 70 million in equity funding at a valuation of USD 500 million.

digital banking, funding, mobile payments, BNPL, startup

Uala gets final approval for Wilobank acquisition

News | Online & Mobile Banking | 10 Jun 2022

Argentina’s central bank has approved digital banking startup Uala’s acquisition of Wilobank, the final hurdle to a deal that grants the unicorn greater scope in its quest to expand its financial services in Latin America.

fintech, acquisition, banks, digital banking, startup

Indian startup CRED raises USD 140 mln to reach 6.4 bln valuation

News | Payments General | 13 Jun 2022

India-based startup CRED has raised USD 140 million in a new financing round, as the fintech tries to expand their customer base and broadens its offerings.

funding, credit scoring, personal finance management, startup, fintech

Covering the space between high street banks and private banks – RIDE Capital interview

Interviews | Online & Mobile Banking | 10 Jun 2022

With fintechs gaining a rapid popularity, Christine Kiefer, founder of digital private bank RIDE Capital, offers insights on the way forward for banks, fintechs, and their users.

banks, fintech, digital banking, investment, startup, digitalisation, digital assets, financial services, risk management, compliance

Startup Kushki secures USD 100 mln at USD 1.5 bln valuation

News | Payments General | 09 Jun 2022

Ecuador-based payments infrastructure company Kushki has raised USD 100 million in an extension to its Series B round.

payments infrastructure, digital payments, payment processing, startup, funding

Cubbo raises a pre-Series A round eyeing an expansion in Brazil

News | Ecommerce | 07 Jun 2022

Colombia-based ecommerce fulfilment startup Cubbo has planned to invest more than half of the non-disclosed amount raised in Brazil.

ecommerce, funding, startup, expansion

Learnings for futureproof cooperation between fintech and incumbents

Voice of the Industry | Online & Mobile Banking | 07 Jun 2022

Sunil Jhamb, the CEO and Founder of WLPayments, shares key learnings for futureproof cooperation between fintech companies and incumbents.

fintech, API, neobanks, startup, regulation