In today’s FinTech news, Uber Eats customers in Japan will soon be able to tap Rakuten for payments, while Zambia card issuing startup Union54 added more growth to its seed funding round. Plus, the founder of FinTech Ualá notched $30 million for his new venture...
Ordering food. Taking an Uber. Booking a flight. In this age of convenience and instant gratification, any consumer performing these activities can expect to complete them in a few clicks on their phone. “The same thing is happening with finance and [among] business owners who...
Budget Insight, the Paris-based FinTech, announced it has received $35 million (€31 million) in funding Monday (April 4). The company said the cash will be used to grow its ability to deliver open finance in France and hire 50 employees. Funding was led by PSG...
Due to currency volatility and infrastructure issues, the use of virtual currencies in emerging markets has boomed in recent years. In 2020, Nigeria was ranked third globally in terms of countries with the highest bitcoin trading volumes — generating transactions worth more than $400 million...
In today’s FinTech news, Euroclear has invested in blockchain payments consortium Fnality, while Recharge.com is expanding its gift card offerings to the land Down Under. Plus, rising interest rates could be a game-changer for traditional financial institutions. Euroclear Backs Blockchain Payments Consortium Fnality International securities...
In today’s FinTech news, three Delivery Hero alums have raised $6.4 million in seed funding to grow their financial operations software startup Payrails. Meanwhile, digital bank Kyash took in $41 million in a Series D fundraise for expansion, and home improvement lender PowerPay is adding...
The FinTech IPO Tracker continues to underperform the broader indices, as measured year-to-date – a downtrend only recently interrupted, briefly, amid a broad-based rally in tech stocks. To get a sense of the bump: The index reached an all-time nadir of about 57 this week...
In today’s FinTech news, Treezor earns all eight payments licenses from French authorities, while FTX and AZA partner to drive digital currency and Web3 adoption in Africa. Plus, tax filing firm Clear acquires supply chain finance startup Xpedize to advance payments financing for larger enterprises...
In today’s FinTech news, Stellar is using its seed to grow its credit access platform for people in the U.S. with no or bad credit, while Moove is using its Series A to bring car financing to mobility entrepreneurs with poor access to credit. Plus,...
