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TrueLayer has laid off roughly a quarter of its workforce in a single day, as part of an effort to cut down costs and become more profitable.
banking, Unicorn, Open Banking, financial services, financial institutions
Nigeria-based fintech Moniepoint has achieved unicorn status after securing USD 110 million in new investment from sources like Google.
investment, Unicorn, expansion, bank account, startup
Zopa Bank has partnered with John Lewis Money, the financial services arm of John Lewis Partnership, to offer personal loans to its 23 million customers.
partnership, lending, financial services, credit card, Unicorn
Germany-based insurance company Wefox has alerted investors that it may face insolvency due to financial losses and regulatory changes.
insurance, funding, financial services, Unicorn
India-based unicorn fintech, Slice, has announced its merger with North East Small Finance Bank after receiving approval from the central bank.
merger, banking, fintech, Unicorn, financial services
India-based instant grocery delivery startup Zepto has raised USD 200 million in a new funding round and became India’s first unicorn in 2023.
funding, startup, Unicorn, investment
Irina Ionescu, Senior Editor at The Paypers, provides an in-depth overview of the most promising fraud prevention startups in Israel, emphasising on their success model.
fraud management, fraud detection, online fraud, fraud prevention, identity fraud, startup, Unicorn, digital identity, biometrics, biometric authentication, AML, artificial intelligence, machine learning, payment fraud, CNP fraud, fraud platform
Germany-based Grocery delivery platform JOKR has raised USD 50 million in its Series C investment round, reaching a USD 1.3 billion valuation.
investment, funding, equity, Unicorn, delivery
UK-based digital bank Zopa has announced it secured a GBP 75 million in funding from existing investors to accelerate growth and explore potential mergers and acquisitions.
funding, banking, digital banking, Unicorn, M&As, expansion, lending, P2P, fintech, investment, financial services