LatAm fintech Pomelo secures $40m Series B led by Kaszek
The fintech has now raised $103 million to date, including a $35 million Series A in October 2021.
The fintech has now raised $103 million to date, including a $35 million Series A in October 2021.
The fintech unicorn previously gained an EMI licence from the central bank of Lithuania in July.
The pair states that it has migrated over 500,000 cards, 1,200 POS terminals and almost 300 ATMs.
Horak succeeds Dr Mark Goldspink in the role after over 10 years with the UK-based paytech.
Paymob now claims to be the first international fintech company to be fully licenced in Oman.
Rohrlich previously served as CEO of Top Hat, a US-based higher education engagement platform.
JP Morgan Chase bought WePay back in 2017 in a $400 million deal in a push to compete with Stripe.
The bank will adopt the Revio platform to tap customer expansion opportunities.
Our weekly fintech round-up for you to get the latest funding news from across Europe.
Backbase’s tech will be implemented across the bank’s digital channels “progressively” over the next few years.
WealthCo says the Duco platform has helped it build “volume-agnostic” automated processes.
Crager is due to transition into the role of senior advisor upon his departure from the company’s leadership.
Using PayMate’s tech, NBO plans to digitise, streamline and automate its B2B payment processes.
Thunes’ current CEO Peter De Caluwe has been promoted to deputy chairman.
The potential acquisition would value the Dutch payments firm at $200 million, Reuters reports.
The funding was led by FISV and Portage, with participation from State Street and Citi.
“Industry veteran” Anup Neogi has also been appointed as the new managing director and CEO of the acquired business.
B2B payments have been neglected, cross-border B2B payments more so. It is time they caught up.
Pai joins PhonePe from TerraPay, where he served as president of product and solutions for three years.
Financial terms of both the acquisitions were not disclosed.
The credit union has adopted the FusionIQ One platform to power its ascent into digital investing services.
Co-founder David Luck will assume the role of executive chairman, while CPO Damian Brychcy takes on the role of CEO.
Form3 hopes to leverage Arora’s “significant experience” in founding and scaling up fintech companies.
The investment was backed by the Sawiris family of the Egyptian Orascom Group and ZCP.
Sony Bank will roll over a certain portion of its equity and continue to remain a minority investor in SPSV.
New York-based OpenTransact is a self-serve banking platform built to support high-risk businesses.
Learn how KY3P from S&P Global Market Intelligence can help manage supplier risk and identify new sources of supply.
The firm says it will use the funding to “meet the increasing demand” for its digital lending products.
The credit facility has been provided by Citi and long-time financing partner Fasanara Capital.
Ncontracts hopes to strengthen its position in the US market and expand its offerings.
The deal, for an undisclosed sum, is expected to close in the second half of 2024.
Founded in July 2021 by Julien Zerbib, Unlimitd provides revenue-based financing to digital companies.
Reports suggest the appointment of a CFO may be laying the groundwork for a potential IPO in the near future.
First Bank’s Bala Nibhanupudi says it’s “the final step in our years-long digital transformation journey”.
The round was led by Tribe Capital, with participation from Cervin Ventures and Tru Arrow, among others.
Eric Pointer, president and CEO of CUTX, says the partnership will enable it to serve an untapped market.
Delving into the mandates, legal changes and harmonisation efforts in B2B and B2G e-invoicing in Europe.
Motive Partners will invest two $25 million tranches as part of its growth commitment to the Aussie firm.
Lendo has announced it plans to pursue an IPO “within the next few years”.
We take a look at some of the fintech predictions being made by industry experts for 2024.