CommBank-backed money app Kit enters trial phase
Kit is available in trial mode to 5000 people living in Australia.
Kit is available in trial mode to 5000 people living in Australia.
NatWest, RBS, Ulster Bank and Coutts incorrectly treated a number of cards as being ‘commercial’ cards.
LeapFrog and Tana will work with Interswitch to increase its customer base and develop new products.
The new facility follows a $50 million Series D raise in October 2021.
Sood joins from GoCardless, where he was most recently vice president of small business.
Economic secretary to the Treasury John Glen says: “We know that access to cash is still vital for many people.”
The Series B round, the largest fintech Series B in Egypt, was led by Kora Capital, PayPal Ventures and Clay Point.
MDI aims to drive financial inclusion within Egypt.
Column is the only nationally chartered developer infrastructure bank in the US.
The Montreal-based fintech was founded in January 2020 and launched in May 2021.
The round was led by Valar Ventures, with new and existing investors also participating.
YoCripto is on a mission to be the first in Latin America to offer a credit card with Bitcoin rewards.
The early-stage round was led by Matrix Partners and saw participation from PayPal Ventures.
Traditional banking systems remain largely built on the rails of decades-old technology.
The new funds will be used to expand its merchant network and product offering.
This week’s funding round-up includes three North American fintechs – CoreChain, OneVest & Crowdz.
The latest round takes Copper’s total capital raised to date to $42.3 million.
Cogni claims to be focused on bridging the gap between Web2 and Web3 capabilities.
Nexa Equity aims to scale Choice through both “organic initiatives” and strategic acquisitions such as DPC.
The company was founded by WePay alumni Parag Gupta (CEO) and Sankate Sharma (CTO).
Multicent will offer personal and business accounts, a crypto exchange and merchant services.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Robinhood says the deal forms part of its mission to “democratise finance”.
The firm’s app currently has a waitlist of over 15,000 people.
The pre-Series A investment round consists of $4 million in equity funding and a $20 million debt facility.
MoonPay CEO says: “Web3 is radically changing the way we approach the business of entertainment, sports and music.”
GoSolo aims to streamline the application process for opening a UK business account as a non-resident.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
A handy round-up of the recent funding endeavours of UK-based fintechs.
The firm has acquired Chile’s Paygol and Colombia’s Pago Digital.
Funding will help the firm meet the “ever increasing demand for tools that enable programmable money experiences”.
Alpian plans to launch in Q3 2022. Prior to that, the digital bank will launch its alpha release to employees.
Billed as “the world’s first retirement debit and credit card”, the service will cost from $5 a month.
Yonder is designed for the five million-strong ‘credit invisible’ market underserved by current credit providers.
Founded in April 2020 by Daniel Cannizzaro, Parpera has already raised AUD 2.7 million in equity funding.
Ramp’s raise included $200 million in fresh equity funding and $550 million in debt financing.
The Series C comes just seven months after the company’s $57 million Series B funding round.
Cape will invest the money in technology, product expansion, and doubling its headcount in the coming months.
The Chile-based bank has turned to its existing supplier for cloud-based authentication.