FinTech People

SumUp appoints new CEO for Europe

Merchant payments provider SumUp has appointed Michael Schrezenmaier as its new chief executive officer for Europe. Schrezenmaier brings with him a founder’s mentality and a hands-on attitude, according to SumUp, a specialist in digital payments based...

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Corporate Finance Moves

Autonomous billing fintech Anchor raises $15m

Anchor, a new fintech focused on autonomous billing and just out of stealth, has completed a $15 million seed funding round.  Rapyd Ventures, the new venture capital arm of fintech-as-a-service company Rapyd, co-led the...

Mastercard acquires Arcus FI for LatAm payments push

Mastercard has acquired Arcus FI, a graduate of its Start Path programme for scaling startups. The New York and Mexico City, USA-based fintech will help Mastercard support the delivery of bill...

Crypto platform Gemini raises $400m, achieves $7.1b valuation

Crypto platform provider Gemini has secured $400 million of funding in its first ever growth equity round. The round, led by Morgan Creek Digital with participation from 10T,...

Airwallex raises additional $100m in series E1 round, achieves $5.5b valuation

Airwallex has raised an additional US$100 million in a series E1 financing round, taking the global payments fintech’s valuation to US$5.5 billion. Lone Pine Capital remained the lead for this financing,...