Payments

Insurtech Confianza secures seed funding

Insurtech Confianza secures seed funding

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Confianza, a provider of data analytics and machine learning to insurance agents, brokers and carriers throughout the US, has completed the first close of its...
PayCargo raises $130m for global expansion

PayCargo raises $130m for global expansion

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Logistics payments fintech PayCargo has secured new investment worth up to $130 million to support its expansion in the US and internationally.  The capital will also support...
ID-Pal supports Europe FinTech Awards 2022

ID-Pal supports Europe FinTech Awards 2022

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ID-Pal is supporting this year’s Europe FinTech Awards as its headline sponsor. The company, the provider of an award-winning ISO 27001 certified identity verification solution...
Europe FinTech Awards 2022 finalists revealed

Europe FinTech Awards 2022 finalists revealed

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The finalists for the Europe FinTech Awards 2022 have been confirmed, with 73 submissions set to contest 20 categories. They were selected from hundreds of...
Digital-focused Jewel Bank launches in Bermuda

Digital-focused Jewel Bank launches in Bermuda

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Jewel Bank, a new bank focused on digital assets, has launched in Bermuda. The bank addresses “the core banking, payments, and settlement needs of many...
Yapily picks CTO to support ambitious growth plans

Yapily picks CTO to support ambitious growth plans

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Open banking fintech Yapily has appointed Noam Oren as its chief technology officer. Joining the team after 13 years at Payoneer, Oren brings to Yapily more than two decades...
LatAm payments fintech Kushki reaches unicorn status with $100m of new funding

LatAm payments fintech Kushki reaches unicorn status with $100m of new funding

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Latin America-focused payments fintech Kushki has finalised a US$100 million extension of its series B funding round. The extension gives Kushki a valuation of more...
Apple to launch BNPL service

Apple to launch BNPL service

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Apple is launching a buy now pay later (BNPL) service in the US. The service will roll out as part of its new operating system,...
Trustly acquires Ecospend to strengthen UK position

Trustly acquires Ecospend to strengthen UK position

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Account-to-account (A2A) payments provider Trustly has acquired UK-based Ecospend. The deal for open banking payments provider Ecospend, for an undisclosed sum, will further strengthen Sweden-based Trustly’s...
Payoneer appoints John Caplan as co-CEO

Payoneer appoints John Caplan as co-CEO

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Payments fintech Payoneer has lined up a new chief executive officer for when the current incumbent steps down at the end of 2023. John Caplan will...
BNPL fintech Mondu raises $43m

BNPL fintech Mondu raises $43m

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Germany-based buy now pay later (BNPL) fintech Mondu has raised $43 million of series A funding to expand into more European markets. The fintech intends...
Payments infrastructure provider Paddle acquires ProfitWell

Payments infrastructure provider Paddle acquires ProfitWell

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UK payments infrastructure provider Paddle has acquired a subscription metrics and retention software company. The deal, valued at more than $200 million in cash and equity,...
UK fintech Previse raises $18m to expand working capital finance

Previse raises $18m to expand working capital finance

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UK fintech Previse has closed the first phase of its series B financing round, raising $18 million. Previse, based in London, plans to expand the...
ADDX raises US$58m to build on private exchange growth

ADDX raises US$58m to build on private exchange growth

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Singapore-based private market exchange ADDX has raised US$58 million in a pre-series B funding round. The funds will allow ADDX to scale its operations as...
MarketFinance secures funding for lending expansion

MarketFinance secures funding for lending expansion

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Business payments and credit fintech MarketFinance has secured an undisclosed debt raise from Deutsche Bank. The debt raise is intended to fund up to £100...
Crypto fintech Zumo appoints Jonathan Sepulchre to new head of growth role

Crypto fintech Zumo appoints Jonathan Sepulchre to new head of growth role

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Crypto wallet and payments provider Zumo has appointed a head of growth to drive the next stage of its development. Scotland-based Zumo’s choice for the...
Santander moves core banking platform the cloud

Santander moves core banking platform the cloud

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Banco Santander is moving its core banking system to the cloud in a bid to improve service and efficiency. Santander claims to be one of...
Wealthtech TIFIN raises $109m to pursue continued growth

Wealthtech TIFIN raises $109m to pursue continued growth

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Wealthtech firm TIFIN has closed a $109 million series D funding round and achieved a valuation of $842 million. US- and India-based TIFIN plans to use...
Airwallex appoints new EMEA GM to continue regional growth

Airwallex appoints new EMEA GM to continue regional growth

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Airwallex has appointed Pranav Sood as its new general manager for Europe, the Middle East and Africa (EMEA) to oversee the cross-border payments fintech’s next phase...
Global identity verification provider ID-Pal launches in the UK

Global identity verification provider ID-Pal launches in the UK

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ID-Pal, an identity verification provider, is formally entering the UK market following six years of exponential growth. The technology company, based in Dublin, Ireland, supports businesses...
Open banking fintech Yapily to acquire Germany’s finAPI

Open banking fintech Yapily to acquire Germany’s finAPI

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Open banking fintech Yapily has agreed a deal to acquire finAPI. FinAPI is a leading provider of open banking solutions in Germany and the deal will make...
AgriDigital raises $17m+ for digital grain management and finance platform

AgriDigital raises $17m+ for digital grain management and finance platform

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AgriDigital, a provider of a digital grain management and finance platform, has closed an AU$25 million (US$17.42 million) capital round. The Australia-based fintech is currently...
Bitstamp appoints new global CEO

Bitstamp appoints new global CEO

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Crypto exchange Bitstamp has appointed JB Graftieaux as its new global chief executive officer. Graftieaux succeeds Julian Sawyer, who has decided to pursue other opportunities, and...
Rapyd launches means for businesses to expand and support local payments

Rapyd launches means for businesses to expand and support local payments

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Payments fintech Rapyd has launched a new product designed to help businesses expand into new markets while supporting local payments. Virtual Accounts, available on Rapyd’s fintech-as-a-service...
New chair of the board appointed at Swedish payments fintech Payer 2

New chair of the board appointed at Swedish payments fintech Payer

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Dominik Belloin is the new chair of the board at Sweden-based payments fintech Payer. Belloin, a board member since September 2021, succeeds Annika Javestad, who...
Taxfix raises $220m

Taxfix raises $220m

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Tax app provider Taxfix has raised $220 million in series D funding to drive growth and product portfolio expansion. The fintech, based in Berlin, Germany,...
Regtech ALT:AVE forms advisory board and raises £500k+

Regtech ALT/AVE forms advisory board and raises £500k+

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UK regtech startup ALT/AVE has made three appointments to its advisory board and secured a funding boost of more than £500,000. Keith MacDonald, former head...
SEPAexpress joins Banking Circle Group

SEPAexpress joins Banking Circle Group

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SEPAexpress is joining the Banking Circle Group technology platform for global commerce. Banking Circle Group has acquired Germany-based SEPAexpress, which provides whitelabelled account-to-account payments for...
Starling Bank raises £130.5m to build acquisition war chest

Starling Bank raises £130.5m to build acquisition war chest

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Starling Bank has completed an internal fundraise of £130.5 million at a pre-money valuation of more than £2.5 billion. The UK digital bank said the...
Talus Pay hires former JPMorgan Chase exec Bryan Fricke

Talus Pay hires former JPMorgan Chase exec Bryan Fricke

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Talus Pay, a US-based provider of payment processing solutions for small and mid-sized merchants, has appointed Bryan Fricke as its chief revenue officer. Fricke joins...
Indian fintech Recur Club raises $30m for alternative financing push

Recur Club raises $30m for alternative financing push

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India-based fintech Recur Club has raised $30 million of seed funding to develop its alternative financing solution into “the most founder friendly platform to raise growth...
Avaloq goes live with first client in Taiwan

Avaloq goes live with first client in Taiwan

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Avaloq has successfully implemented its core banking system at Cathay United Bank to support the bank’s continued growth. The Avaloq Core Platform will cater to...
PensionBee and HyperJar win big at the UK FinTech Awards 2022

PensionBee and HyperJar win big at the UK FinTech Awards 2022

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Last night’s UK FinTech Awards 2022 ceremony saw 14 outstanding fintechs and three professionals at the top of their games prevail across 20 categories. PensionBee...
Fundsquire non-dilutive R&D and Grant funding

Fundsquire’s non-dilutive R&D and Grant funding

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Entrepreneurs experience myriad challenges when it comes to raising capital to fuel their growth, especially at the early stages of their business, and that’s...
Zevoy raises €15m for roll-out of expense management solution in Europe

Zevoy raises €15m for roll-out of expense management solution in Europe

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Finland-based expense management fintech Zevoy has raised €15 million in a series A round to fund launches in eight new markets during Q2 2022. Zevoy, which...
Paysafe installs former FIS executive as CEO

Paysafe installs former FIS executive as CEO

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UK fintech Paysafe has appointed Bruce Lowthers as its new chief executive officer and executive director. Lowthers, who joins Paysafe after 15 years at FIS, will...
Capital on Tap lands $200m funding facility for US growth

Capital on Tap lands $200m funding facility for US growth

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Capital on Tap, a provider of business credit cards, has secured a $200 million funding facility to support its growth in the US. The fintech launched...
Plaid appoints its first head of Europe

Plaid appoints its first head of Europe

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Open finance data network and payments platform Plaid has appointed Ripsy Bandourian as its first head of Europe.  The appointment of Bandourian, who spent eight...
Car finance fintech Carmoola raises £27m

Car finance fintech Carmoola raises £27m

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Brand new UK car finance fintech Carmoola has raised £27 million of seed funding. Carmoola will use the seed funding to develop its car finance product...
PayRetailers acquires LatAm payments companies

PayRetailers acquires LatAm payments companies

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PayRetailers has acquired Chile’s Paygol and Colombia’s Pago Digital as part of its aim to create a seamless, barrier-free and open ecommerce payments platform...
Digital private bank Alpian lands licence and financing for launch

Digital private bank Alpian lands licence and financing for launch

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Switzerland-based private digital bank Alpian has secured a banking licence and closed a CHF19 million ($20.34 million) extension of its series B round. The banking licence,...
US savings platform Plinqit appoints head of sales and partnerships

US savings platform Plinqit appoints head of sales and partnerships

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US savings platform provider Plinqit has named Peter Petras as vice president of sales and partnerships following a period of significant growth for the fintech. Plinqit...
Finance management fintech Mosaic closes series B round

Finance management fintech Mosaic closes series B round

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Finance management fintech Mosaic has closed a $25 million series B funding round. The series B round takes the US fintech’s total raised to $46 million over the last...
Archie launches freelancer collaboration hub and raises $4.5m

Archie launches freelancer hub and raises $4.5m

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Freelance-focused fintech Archie has launched its first product to help businesses onboard, manage and pay independent workers. The new US fintech, based in New York City,...
Spend management fintech Yokoy raises $80m

Spend management fintech Yokoy raises $80m

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Spend management fintech Yokoy has raised $80 million in a series B funding round. Yokoy said the new funding “will further feed into the continued growth of...
Revolut appoints CEO to lead Brazil launch

Revolut appoints CEO to lead Brazil launch

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UK digital bank Revolut has appointed Glauber Mota as its chief executive officer in Brazil ahead of its launch in Latin America’s largest market. Mota,...
PensionBee and Starling Bank broaden integration 2

PensionBee and Starling Bank broaden integration

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PensionBee pensions are now available to all Starling Bank business and personal customers though the fintechs’ marketplace integration. Sole traders join the owners of limited...
Nium appoints general counsel

Nium appoints general counsel

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B2B payments provider Nium has appointed Dylan Lowrey as general counsel to lead the fintech’s efforts to reduce regulatory complexities in global money movement. The...
US fintech Ramp plans rapid scaling after hitting $8.1b valuation

Ramp plans rapid scaling after hitting $8.1b valuation

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Ramp, a US finance automation platform and corporate card provider, has raised $750 million in new financing, bringing the fintech's valuation to $8.1 billion. The...
Cowen launches digital asset division for institutional investors

Cowen launches digital asset division for institutional investors

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US broker-dealer and investment management firm Cowen has launched a new division to give institutional clients secure and compliant access to the digital asset...