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Canada-based Teachers’ Venture Growth has invested USD 80 million in Perfios, an Indian fintech that provides real-time credit underwriting solutions to financial institutions.
startup, investment, fintech, risk management, fraud detection
In the dynamic realm of payments, the shift to SaaS is transforming the strategies of banks and fintechs. Dmitry Yatskaer, CTO at OpenWay, underscores the significance of dedicated SaaS, making it a cornerstone for innovative business strategies worldwide.
SaaS, banks, fintech, payments , startup, digital payments, payment methods, compliance, credit card, BNPL
UK and US-based fintech Detected has announced a new funding round of USD 2.5 million from existing investors Thomson Reuters Ventures, Love Ventures, and investment angels.
KYC, KYB, fintech, investment, online payments, payment gateway, payments , startup, digital onboarding, payment processor, BNPL, Issuer, ISO
India-based fintech startup EnKash has gotten regulatory approval from the Reserve Bank of India (RBI) to operate as a payment aggregator the the brand name Olympus.
spend management, fintech, startup, payments aggegator license, RBI
UAE-based banking group Emirates NBD has partnered with growth enabler Hub71 to provide modern fintech solutions and advanced banking services to consumers.
fintech, growth markets, startup, banking, payments
Global card issuer Mastercard has partnered with UAE-based Further Ventures, a venture-building and investment company, to accelerate next-generation payments and asset management infrastructure.
partnership, digital payments, digital banking, online payments, startup
Israel-based fraud cybersecurity startup Zero Networks has raised USD 20 million in Series B funding to prevent attackers from spreading in corporate networks.
funding, cybersecurity, fraud prevention, multi-factor authentication, startup
India-based startup Aye Finance has raised USD 37.18 million in a funding round led by British International Investment.
startup, investment, funding, financial inclusion, SMEs, SME lending
Jonathan Bautista, BPC, analyses Asia-Pacific's payment landscape rapid shift from traditional methods to digital solutions, driven by fintech innovation.
payments , e-wallet, cryptocurrency, fintech, startup, contactless payments, COVID-19, transactions , digital payments, cross-border payments
US-based Grasshopper Bank has partnered with Capchase to enable its SaaS clients with access to the latter’s funding options.
partnership, SaaS, financing , instalment payments, startup
South Africa-based API payment and collections company Revio has raised USD 5.2 million in a seed round led by QED and Partech.
payment processing, payment methods, payments orchestration, startup, funding
Germany-based startup Kodex AI has announced it raised EUR 1.6 million in a funding round led by Signals VC to empower financial professionals with its AI solution.
Deutsche Bank, partnership, funding, startup, fintech, artificial intelligence, financial data, data analytics, data aggregation
UK-based fintech Archie has chosen the UAE as its first global launch market, bringing its new growth acceleration model to the region’s fintech market.
fintech, expansion, product launch, growth markets, startup
Mastercard and Fintech Saudi have signed memorandum of understanding (MoU) to advance growth and development in the Saudi Arabia fintech industry.
fintech, digitalisation, SMEs, startup, partnership
UK-based identity services provider OneID has secured GBP 1 million in a new funding effort supported by ACF Investors.
identity verification, funding, investment, financial institutions, startup
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
US-based startup Koverly has introduced a B2B Buy Now, Pay Later platform to allow businesses to defer FX payments for 30 days.
FX , product launch, B2B payments, BNPL, fintech, startup
The United Kingdom has launched a new fintech investment fund to support companies at the growth stage of their funding cycles.
fintech, funding, investment, startup
Global payments and financial platform Airwallex has partnered with Israel-based OurCrowd to facilitate investments in global startups.
partnership, investment, startup, financial services
The Paypers proudly announces the release of its inaugural edition of the Embedded Finance and Banking-as-a-Service (BaaS) report.
embedded finance, BaaS, report, financial services, banks, fintech, startup, Open Finance, payments , web3