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Midas raises USD 45 million in Series A funding

News | Cryptocurrencies | 23 Apr 2024

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

OnePay introducing payments via WhatsApp

News | Online & Mobile Banking | 23 Apr 2024

OnePay, a Colombian fintech startup, has introduced a novel payment processing method via WhatsApp, aiming to simplify transactions for users.

mobile payments, funding, partnership, digital payments

Ivorypay partners with Tether

News | Cryptocurrencies | 22 Apr 2024

Nigeria-based blockchain payments startup Ivorypay has formed a partnership with stablecoin issuer Tether to offer digital transactions to more consumers across Africa.

stablecoin, cryptocurrency, blockchain, remittance, partnership

Ramp secures USD 150 million in Series D-2 round

News | Online & Mobile Banking | 19 Apr 2024

US-based spend management company Ramp has announced that it secured USD 150 million in a Series D-2 funding round in a bid to expand operations.

funding, spend management, investment, risk management, payments

Flatpay secures USD 47 mln Series B funding

News | Payments General | 18 Apr 2024

Denmark-based payment solutions provider Flatpay has raised USD 47 million in its Series B funding round led by Dawn Capital.

merchants, POS, funding, SMEs, expansion

Stripe secures USD 694 million in tender offer

News | Online Payments | 16 Apr 2024

Financial infrastructure platform for businesses Stripe has announced that it secured USD 694.2 million in the tender offer from February 2024. 

funding, investment, financial services, public listing, online payments

Sikoia launches AI-powered document processing

News | Digital Identity, Security & Online Fraud | 05 Apr 2024

Fintech startup Sikoia has rolled out AI-driven document processing, automating 75% of tasks in customer data verification.

identity verification, digital onboarding, artificial intelligence, financial institutions, risk management

FinDoc partners with CTOS Data Systems

News | Digital Identity, Security & Online Fraud | 01 Apr 2024

Malaysia-based fintech startup FinDoc has disclosed a strategic collaboration with credit reporting agency CTOS Data Systems.

partnership, fintech, identity verification, artificial intelligence

Koin raises USD 7.21 million

News | Mobile Payments | 28 Mar 2024

Brazil-based fintech Koin has secured a USD 7.21 investment to finance customer credit operations.

instalment payments, PIX, expansion, startup, digital wallet

HSBC launches Venture Debt and invests in ASEAN Growth Fund

News | Online & Mobile Banking | 27 Mar 2024

HSBC has launched its Venture Debt offering in Singapore and a USD 1 billion investment in the ASEAN Growth Fund to scale up digital platform businesses in the region.

product launch, investment, funding, banking, online banking, digital banking, mobile banking, financial services, financial institutions

Stables launches international remittances between Australia and the Philippines

News | Payments General | 26 Mar 2024

Payment startup Stables has announced the launch of international remittances for customers and clients between the regions of Australia and the Philippines. 

product launch, expansion, payments , cross-border payments, cross-border ecommerce, online payments, digital payments, mobile payments, ecommerce

Union54 introduces ChitChat in Zambia

News | Online Payments | 25 Mar 2024

Zambia-based card issuing fintech startup Union54 has announced the launch of ChitChat in the region, aiming to improve the digital finance and social commerce landscape in Africa. 

product launch, digital wallet, digital payments, partnership, social commerce, financial inclusion

Nsave raises USD 4 million in seed funding

News | Online & Mobile Banking | 25 Mar 2024

Switzerland-based fintech nsave has raised USD 4 million in a seed funding round co-led by Sequoia Capital and TQ Ventures.

fintech, funding, financial inclusion, banking

LuggStash partners with iDenfy for streamlined ID verification

News | Digital Identity, Security & Online Fraud | 22 Mar 2024

US-based leisure startup LuggStash has tapped Lithuania-based iDenfy’s identity verification solution to protect users through smooth KYC onboarding in its app.

identity verification, KYC, digital onboarding, fraud prevention

Float secures USD 11 million from Standard Bank

News | Payments General | 22 Mar 2024

Float has secured USD 11 million in funding round from Standard Bank, aimed at the acceleration of its development strategy and the rollout of its platform. 

partnership, funding, investment, payments , online payments, mobile payments, digital payments, ecommerce, financial inclusion

Addi raises USD 86 million in funding

News | Payments General | 20 Mar 2024

Colombia-based fintech Addi has raised USD 86 million in a funding round that included both equity and debt financing.

funding, investment, fintech, BNPL

SAPI raises GBP 7.5 mln to turn payment companies into lenders

News | Online & Mobile Banking | 20 Mar 2024

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

The Paypers Global Fintech Investments Analysis: Q4 2023

Voice of the Industry | Payments General | 19 Mar 2024

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

ANNA acquires GetCape

News | Online & Mobile Banking | 18 Mar 2024

UK-based mobile business account ANNA has announced that it acquired Australia-based GetCape, a fintech company that functions as a business spend management platform. 

SMEs, acquisition, debit card, credit card, digital payments, spend management

Banco BPI and Personetics launch Pulsoo

News | Payments General | 15 Mar 2024

Banco BPI and Personetics have unveiled Pulsoo, an application designed to help SMB owners manage their enterprises.

partnership, product launch, SMEs, Open Banking, artificial intelligence