ICYMI fintech funding round-up: Mimo, TransferGo, Smartpay, Adro and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
TransferGo
TransferGo hires former Western Union compliance head Simon McFeely as chief compliance officer
The UK-based fintech says the hire marks its latest effort to “spearhead rapid global expansion”.
TransferGo hit with €310,000 fine from Bank of Lithuania for AML failings
UAB TransferGo Lithuania has already submitted a plan to the central bank to remedy the deficiencies.
Cross-border payments fintech TransferGo lands $50m Series C funding
The London-based fintech has ambitions to go public within the next five years.
Budget 2021: The fintech industry reacts
We asked key market participants what they thought of the UK Chancellor’s budget.
TransferGo picks Thought Machine for core operations
Money transfer firm switches things up in the back office.
TransferGo secures £4m from Silicon Valley Bank
The pre-Series C investment funds will be used to develop and expand its RTP platform.
TransferGo hires Edgardo Savoy as new CTO
Savoy will be responsible for leading TransferGo’s team of more than 60 engineers.
Transfergo raises $10m, expands into 11 new markets
Remittance firm claims uptake in growth during COVID-19 pandemic.
TransferGo hires former Revolut man as new compliance chief
Francesco Fulcoli will work on KYC, AML and CFT for the remittance firm.
TransferGo partners with Currencycloud to reach Kenya, Singapore and Japan
It will facilitate cross-border payments & enable them to launch in 14 new markets over Q1.
Paytech TransferGo glows with $17m funding
UK firm targets expansion in Turkey, India, Ukraine and Russia.
TransferGo launches Seedrs aiming at €11.5m investment
Only €1 million will come from crowdfunders.
TransferGo goes to Onfido for onboarding flow
Obligatory selfie shot included.
The UK gets new coins, but why?
As of March this year, UK’s one-pound, two-pound and 50p coins have all been upgraded to become “the most secure coins in the world”. However, with the rise in cashless payments, online transactions and mobile banking, is there any point?
Swift Innotribe Startup Challenge names European semi-finalists
Swift’s Innotribe innovation spin-out has named the European semi-finalists for its 2014 Startup Challenge, which seeks to find the most innovative start-up companies in financial services.
