Fintech funding deals globally 19-25 April 2021
Featuring Alan, Deel, Chargebee, Classy, and Tamara.
Business-to-Business/B2B
New Swiss fintech Klarpay targets digital entrepreneurs
The start-up aims to bridge the gap between business banking and e-commerce.
ICYMI funding round-up: Percent, Till Financial, Plooto, Nelo & more
More weekly funding deals which may have flown under your radar.
FIS expands payment processing in Malaysia, South Africa and Nigeria
“Emerging markets across Southeast Asia and Africa present fresh opportunities”.
Penta co-founder Jessica Holzbach exits fintech after four years
She exits “at her own request to seek a new professional challenge”.
Square goes on hiring spree ahead of new banking product launches
Square is “building a suite of new financial products”.
MVB Bank snaps up majority stake in Indianapolis fintech Trabian
The value of the stake remains undisclosed.
Hospitality payment app Sunday raises record €20m seed round for Europe
The start-up claims to cut the costs for operators to 0.5% per transaction.
Low-code start-up FintechOS lands €51m Series B
The round will fund FintechOS’ international expansion beyond the UK and Europe.
Routable raises $30m in Series B funding to boost B2B payments
Seattle fintech nabs bumper round from a handful of angel investors.
UK challenger Starling lands £50m investment from Goldman Sachs
Starling now claiming to hold a 6% share of the UK SME banking market.
Dutch VC Finch Capital snaps up Wirecard’s APAC assets
The purchases were made through Nomu Pay.
SoftBank in talks to turn Indian payments firm Zeta into a unicorn
If finalised, the investment would come through SoftBank Vision Fund 2.
Video: Top fintech stories this week – 16 April 2021
To stories from across the fintech world, featuring Coinbase, Pine Labs, Ozon and more.
Solarisbank among first German fintechs mulling Spac deal
The BaaS provider is aiming for a billion-dollar valuation.
Emirati tycoon Mohamed Alabbar to chair UAE challenger Zand
Zand is still waiting on its application for a full UAE banking licence.
Bill payments lingo you need to know
A handy glossary of common electronic bill payment terms and why they matter to your business.
Modulr lands undisclosed investment from FIS Ventures
“Modulr lowers the barriers to bringing payments into a platform”.
Nigerian fintech Appzone lands $10m for pan-African digital core banking solution
The Series A round was led by CardinalStone Capital Advisers.
Egyptian fintech Paymob lands country a record $18.5m Series A
The Series A followed a $350,000 seed raise in 2019.
UK fintech TrueLayer lands $70m Series D led by NY investor Addition
TrueLayer claims payment volumes have grown by 600 times in the last 12 months.
Two UK towns to open all-in-one Banking Hubs pilot stores
The towns are two of nine across the UK to get one.
Banking Technology April 2021 issue out now
Soaring to new heights: a record-breaking first quarter of M&A activity.
UK energy provider Octopus launches Moneycoach
It intends to invest £10 million into Moneycoach to scale the offering.
US core banking vendor Nymbus sets up new business for credit unions
“Credit unions have an immediate opportunity to leverage niche digital banking approaches”.
Stripe takes first step into Middle East with UAE expansion
Digital payment transactions in the UAE during 2020 reached $18.5 billion.
WhatsApp Pay finally gets greenlight from Brazil’s central bank
WhatsApp is only allowed to do P2P payments in Brazil.
US retail trade groups ask to join $5.54bn Visa and Mastercard lawsuit
The two bodies want permission to become parties in the lawsuit.
Lessons learned from launching in a pandemic
The speed at which we’ve learned to respond to the market and grow as a business is invaluable.
ICYMI funding round-up: Butter, Spiral, SadaPay, OVEX, Ensemble & more
We’ve put together an “In Case You Missed It” (ICYMI) funding list.
Global fintech M&A round-up Q1 2021
Whilst some big deals never closed in Q1, plenty others took their place.
Top 10 funding rounds in Q1 2021
The first quarter of 2021 has seen a handful of big rounds.
Penta co-founder gearing up new venture Relio for Swiss SMEs
Relio is currently in the swings of applying for a fintech licence.
Ripple snaps up 40% stake in Asian cross-border payments firm Tranglo
Tranglo’s global network spans more than 100 countries.
Tide thinks bank data fees could speed up the UK’s open banking adoption
The sector has long felt divided over the progress of open banking adoption.
Box: Insurance isn’t just about premium rates, it’s about the entire user experience process
Vaneet Grewal, Box’s financial services managing director, talks to FinTech Futures.
UiPath files for IPO weeks after landing $35bn valuation
The fintech estimates a $60 billion addressable market for RPA.
UK gold wallet Glint goes crowdfunding with £6m “hard cap”
The start-up is raising to fuel its “growth phase”.
Commerzbank signs five-year Google Cloud deal to migrate banking apps
“Google will now offer the bank a deeper set of platform services”.
Pilot lands unicorn valuation from boosted Series C round
Pilot has landed a $1.2 billion valuation.
