Payments

Solarisbank raises €190 million and acquires Contis

Solarisbank raises €190 million and acquires Contis

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Solarisbank, the European banking-as-a-service provider, has raised €190 million in an oversubscribed series D funding round that values the Germany-based fintech at €1.4 billion. The...
SaaScada appoints Paul Payne as chief technology officer

SaaScada appoints Paul Payne as chief technology officer

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SaaScada, the new core banking platform and services provider, has appointed Paul Payne as its chief technology officer. Payne will oversee the execution of UK-based...
Corefy launches new office to expand its presence in the Asia Pacific

Corefy launches new office to expand its presence in the Asia Pacific

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Payment orchestration platform provider Corefy has opened its first regional office in the Asia Pacific with the aim to expand the company's global coverage. Corefy...
Paystand raises $50m in series C funding round

Paystand raises $50m in series C funding round

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Paystand, the blockchain-enabled payment network provider for business, completed a $50 million series C round of funding led by NewView Capital. SoftBank’s Opportunity Fund, King...
Starling Bank acquires buy-to-let specialist mortgage lender

Starling Bank acquires buy-to-let specialist mortgage lender

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Starling Bank has acquired specialist buy-to-let mortgage lender Fleet Mortgages in a £50 million cash and share deal. Fleet Mortgages, based in Hampshire, UK, focuses...
Fintech's finest celebrate at the UK FinTech Awards 2021 3

Fintech’s finest celebrate at the UK FinTech Awards 2021

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Starling Bank won FinTech of the Year last night to cap off a UK FinTech Awards 2021 ceremony in which 22 categories were closely...
Capchase lands $280m as new BNPL product launches

Capchase lands $280m as new BNPL product launches

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Capchase, a New York-based provider of non-dilutive capital, has secured $280 million in new debt and equity financing in a round led by i80...
Paytm plans IPO worth $2.2 billion

Paytm plans IPO worth $2.2 billion

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India-based digital payments company Paytm is planning an initial public offering worth up to $2.2 billion. Paytm, whose payments app is used by more than...
Daloopa closes $20m series A round

Daloopa closes $20m series A round

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Daloopa has closed $20 million in series A financing to accelerate its AI-driven data extraction offerings for financial institutions. The new funding round was led...
Revolut raises $800m of funding

Revolut raises $800m of funding

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Revolut, the fintech whose banking app has more than 16 million customers worldwide, has raised $800 million in series E funding, valuing the business...

Meet the #UKFTAwards finalists: Synectics Solutions

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Synectics Solutions, a provider of anti-fraud solutions based on syndicated data and predictive analytics, is a finalist for Data Initiative of the Year at...
Meet the UKFTAwards finalists - Digital Identity Net

Meet the #UKFTAwards finalists: Digital Identity Net

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Digital Identity Net, whose OneID service empowers people to leverage their identity, decide who has access to it, and how they share it, is...
SumUp brings Apple Pay to merchants with SumUp Card

SumUp brings Apple Pay to merchants with SumUp Card

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Global payments service provider SumUp is bringing Apple Pay to UK-based customers. Apple Pay is a safer, more secure and private way to pay that...
Circle to float on NYSE

Circle to float on NYSE

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Circle, a fintech that provides payments and treasury infrastructure for internet businesses, is combining with Concord Acquisition Corp, a publicly traded special purpose acquisition...
Crown Agents Bank launches EMpower Pensions

Crown Agents Bank launches EMpower Pensions

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Crown Agents Bank, the UK-regulated financial service partner of choice for governments, international development organisations, banks and pension administrators, has launched a new pension...
Pine Labs closes lucrative funding round

Pine Labs closes lucrative funding round

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Merchant commerce and consumer payments provider Pine Labs has closed its latest funding round. The funding round is worth $600 million to the India-headquartered fintech...
Rapyd to acquire Valitor for $100m

Rapyd to acquire Valitor for $100m

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Payments fintech Rapyd has entered into a definitive agreement with Arion Bank to acquire Valitor, an Icelandic payments solutions company. The deal is worth...
US insurtech Player’s Health appoints industry heavyweight to boost insurance division

US insurtech Player’s Health appoints industry heavyweight to boost insurance division

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Player’s Health, a data-driven insurance and risk management provider that serves the sport and fitness markets, has appointed Naveen Anand as its new president...
Billhop appoints CCO and COO

Billhop appoints CCO and COO

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Swedish payment platform provider Billhop has appointed two new hires to its executive management team. Tashi Gauffin joins as chief commercial officer and Niklas Bothén...
Trade Ledger webinar to tackle data and bias in business lending decision making

Trade Ledger webinar to tackle data and bias in business lending decision making

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Global technology provider Trade Ledger is hosting a live webinar on data and bias in decision making within business lending on 21 July. Follow this...
Deutsche Börse acquires majority stake in Crypto Finance

Deutsche Börse acquires majority stake in Crypto Finance

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Deutsche Börse Group has acquired a majority stake in Crypto Finance, a provider of trading, storage, and investment in digital assets to institutional and...
Trade Ledger underpins ambitious expansion plans with new senior appointments

Trade Ledger underpins ambitious expansion plans with new senior appointments

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Trade Ledger, the UK-based global technology provider for the commercial banking and financial services sectors, has announced three senior appointments, further underpinning its ambitious...
Wefox appoints Dr David Stachon to COO role

Wefox appoints Dr David Stachon to COO role

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Wefox, the Germany-based digital insurance company, has appointed the former chief executive officer of Cosmos Direkt, Dr David Stachon, as its new chief operating...
Chip launches ChipX subscription plan

Chip launches ChipX subscription plan

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Chip, provider of the savings and investments platform, has launched ChipX, the new membership plan that aims to bring seamless access to products for...
Atom Finance raises $28m in SoftBank-led series B

Atom Finance raises $28m in SoftBank-led series B

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Atom Finance, the provider of a consumer software platform delivering access to institutional-quality investment resources, has completed a $28 million series B funding round...
Visa to acquire European open banking solution provider Tink

Visa to acquire European open banking solution provider Tink

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Visa has signed a definitive agreement to acquire Tink, the provider of open banking solutions that enables financial institutions, fintechs and merchants to build...
Blockchain company Securitize raises $48m in series B round

Blockchain company Securitize raises $48m in series B round

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Securitize has raised $48 million from new and existing investors during an oversubscribed series B funding round. The series B funding round comes ahead of...
Billhop and ICS partner to improve working capital for SMEs in the Netherlands

Billhop and ICS partner to improve working capital for SMEs in the Netherlands

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Billhop, the Swedish payment platform provider, has partnered with International Card Services (ICS), the largest credit card provider in the Netherlands, to help Dutch...
Mollie raises $800 million in series C funding round

Mollie raises $800 million in series C funding round

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Mollie, a growing payment service provider in Europe, has closed an $800 million series C funding round. The series C round takes the fintech's total...
JPMorgan Chase to acquire UK wealthtech Nutmeg

JPMorgan Chase to acquire UK wealthtech Nutmeg

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JPMorgan Chase has struck a deal to buy UK-based digital wealth management provider Nutmeg. Reports value the transaction at £700 million. The acquisition comes as...
Insurtech Akur8 raises $30m in series B funding

Insurtech Akur8 raises $30m in series B funding

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Akur8, the insurtech automating insurance pricing with its proprietary Transparent AI, has closed a series B funding round worth $30 million, bringing its total...
American Express launches business checking account through Kabbage

American Express launches business checking account through Kabbage

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American Express has launched its first business checking account, under the umbrella of 2020 fintech acquisition Kabbage. With an annual percentage yield (APY) of 1.1%...
Mexico-based Clip attracts $250 million from SoftBank and others

Mexico-based Clip attracts $250 million from SoftBank and others

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Clip, the digital payments and commerce platform provider in Mexico, has received a US$250 million capital investment led by the SoftBank Latin America Fund...
Standard Chartered partners with Franklin Templeton to launch Autumn

Standard Chartered partners with Franklin Templeton to launch Autumn

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SC Ventures, the innovation and ventures unit of Standard Chartered, and asset management firm Franklin Templeton have partnered up to launch Autumn, a wealth,...
Ron Kalifa OBE to deliver keynote speech at UK FinTech Awards 2021

Ron Kalifa OBE to deliver keynote speech at UK FinTech Awards 2021

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Ron Kalifa OBE, author of the recent review of the UK's fintech ecosystem, will deliver the keynote speech at the UK FinTech Awards 2021...
Credit Sesame raises $51m to expand financial wellness platform

Credit Sesame raises $51m to expand financial wellness platform

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Credit Sesame, the provider of a financial wellness platform, has raised $51 million in growth capital to launch breakthrough AI-driven services that help consumers...
SumUp collaborates with Google Pay

SumUp collaborates with Google Pay

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Global payments service provider SumUp has collaborated with Google Pay to allow merchants to make safer and quicker business transactions using SumUp Card. Existing card-holders...
Dreams rolls out financial wellbeing platform at Ukrsibbank

Dreams rolls out financial wellbeing platform at Ukrsibbank

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Dreams, the provider of behavioural and engagement banking solutions for some of the world’s largest financial institutions, has launched its financial wellbeing platform in...
PayAlly strengthens international payments offering with Banking Circle

PayAlly strengthens international payments offering with Banking Circle

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PayAlly, provider of the fully integrated payments ecosystem for small- and medium-sized enterprises (SMEs), is using Banking Circle solutions to improve its multi-currency business-to-business...
Anorak raises £5m to boost access to life insurance advice

Anorak raises £5m to boost access to life insurance advice

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Anorak has raised £5 million on its journey to become the most innovative life insurance technology company in Europe. The round was led by Outward...
Lightyear to launch commission-free investment platform

Lightyear to launch commission-free investment platform

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New fintech startup Lightyear has raised $1.5 million in pre-seed funding and launched a waiting list for its commission-free investment platform. Set to start rolling...
Wefox closes series C, makes every employee a shareholder

Wefox closes series C, makes every employee a shareholder

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Wefox, the Germany-based digital insurance company, has raised $650 million for its series C funding round led by Target Global, resulting in a post-money...
Bought By Many secures $350m in funding

Bought By Many secures $350m in funding

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UK biggest insurtech Bought By Many has completed a $350 million series D funding round through its holding company Many Group, securing a valuation...
Wrisk makes three appointments to boost automotive insurance expertise

Wrisk makes three appointments to boost automotive insurance expertise

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Wrisk has appointed three specialists in automotive insurance following its recent series A funding round. Robert Cottrell joins the UK insurtech as head of commercial...
Chip launches investment offering with BlackRock-powered funds

Chip launches investment offering with access to BlackRock-powered funds

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Chip has launched a new investment product that will give users of its savings app the opportunity and ability to invest in BlackRock-managed funds. The...
Crypto insurance company Evertas raises $5.8m in seed funding

Crypto insurance company Evertas raises $5.8m in seed funding

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Evertas, the crypto insurance company, has raised nearly $5.8 million in seed funding.  The funding round was led by Morgan Creek Digital, CMT, HashKey, Wave...
DailyPay raises $500m of capital

DailyPay raises $500m of capital

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DailyPay, a provider of on-demand pay solutions for enterprises, has secured $500 million of capital. The company has completed a $175 million series D equity...
Vise raises $65 million in series C round

Vise raises $65 million in series C round

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Vise, the New York-based provider of an AI-powered investment management platform built for advisors, has raised $65 million in series C funding. The latest round...
Astorg and Bridgepoint acquire Fenergo

Astorg and Bridgepoint acquire Fenergo

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Private equity firms Astorg and Bridgepoint and Fenergo’s management team are acquiring the Ireland-based fintech company, a provider of know-your-customer and client lifecycle management...
Uncapped raises $80 million to fund new banking services

Uncapped raises $80 million to fund new banking services

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Uncapped, a UK-based startup changing the way online companies fund their growth and inventory costs, has raised $80 million of debt and equity in...