Fintech Startup news and trends

PaySend Raises $20M In Venture Funding To Fuel Expansion
Investments // July 04, 2018

PaySend, the global payments company, announced on Tuesday (July 3) that it closed a $20 million funding round. In a press release, PaySend said the latest round of fundraising was led by investment firm MARCorp Financial. Other participants included existing investors. “We are delighted to welcome MARCorp onboard...

Blockchain Startup Populous Opens Its Doors With New Funding
B2B Payments // August 10, 2017

After introducing itself to the market earlier this year, U.K. FinTech startup Populous has officially launched. News reports on Wednesday (Aug. 9) said Populous has raised more than $10 million and is now piloting its platform, which uses blockchain technology for invoice financing. “We’ve been...

Wahed, Halal FinTech Startup, Lands $5M In Seed Funding To Help Religious Muslims Invest
Investments // June 07, 2017

Wahed, the investment firm focused on religious Muslims, has landed $5 million in seed funding, which it plans to use to provide the nuanced advice when it comes to some Muslim investors find ‘halal’ types of investment. According to a report in TechCrunch, Wahed CEO...

Flux Tests Service That Coverts Paper Receipts To Mobile Data Services
Payments Innovation // April 25, 2017

FinTech startup Flux has begun pilot trials of a service that will convert paper receipts to mobile data services. Finextra reports that Flux, which was founded by three of the first four employees of money transfer firm Revolut, is partnering on the service with retail...

Quick Reads
Fraud Prevention FinTech Alloy Nets $52M on $1.55B Valuation

September 01, 2022
Alloy, which works on helping banks and FinTechs with identity decisioning and threat selections with API service and SaaS, has a $1.55 billion valuation now after raising $52 million recently, a report said. That comes 11 months after it elevated $100 million at a $1.35 billion valuation. There’s been more demand for ways to help […]

PaySend Raises $20M In Venture Funding To Fuel Expansion

July 04, 2018
PaySend, the global payments company, announced on Tuesday (July 3) that it closed a $20 million funding round. In a press release, PaySend said the latest round of fundraising was led...

Wahed, Halal FinTech Startup, Lands $5M In Seed Funding To Help Religious Muslims Invest

June 07, 2017
Wahed, the investment firm focused on religious Muslims, has landed $5 million in seed funding, which it plans to use to provide the nuanced advice when it comes to some...

Flux Tests Service That Coverts Paper Receipts To Mobile Data Services

April 25, 2017
FinTech startup Flux has begun pilot trials of a service that will convert paper receipts to mobile data services. Finextra reports that Flux, which was founded by three of the...