Hong Kong’s RedotPay joins fintech unicorn club following $47m round
Hong Kong-based stablecoin payment platform RedotPay has become the latest fintech to achieve unicorn status, following the completion of a…
AI accounting start-up Light targets US expansion with $30m Series A
Danish fintech start-up Light has raised $30 million in a Series A funding round to grow its team and expand…
Ualett tops up Thiele debt deal by $150m
Ualett has landed a $150 million debt facility with long-time funding partner Thiele Capital Management, with the US fintech now…
First Merchants inks $241m merger deal with First Savings
First Merchants Corporation and First Savings Financial Group have announced plans to join forces in a $241.3 million all-stock merger…
Circle Sinks 11% as Stablecoin Refund Debate Rattles Markets
The fall season has begun with turbulence for publicly listed FinTechs. The FinTech IPO Index declined 3.5% this past week,…
Payment Innovation: Real-Time Systems Shape Industry Future
Payment stakeholders will explore new technologies & strategic frameworks driving the evolution of digital transaction systems at FinTech LIVE London…
FIS acquires account origination fintech Amount
US fintech giant FIS continues to build out its banking solutions business with the acquisition of Amount, a Chicago-based provider…
Fintech and AI dominate MENA startup funding
RIYADH: Startup funding activity across the Middle East and North Africa region continues to show resilience, with fintech and artificial…
North West Mutual preps for 2027 UK launch
Preston-based North West Mutual (NW Mutual) is making significant progress toward becoming a fully licensed bank, with the company aiming…
Zilch names former Amex exec Boriana Tchobanova as COO
Zilch, a UK-based buy now, pay later (BNPL) fintech, has appointed Boriana Tchobanova as the company’s new chief operating officer…
Malaysia’s MBSB launches international remittance service powered by Wise Platform
Malaysia’s MBSB Bank, formerly Malaysia Building Society Berhad, has partnered with UK-based money transfer company Wise to launch Global Easy…
Citi to sell 25% stake in Banamex to Fernando Chico Pardo for $2.3bn
Mexican financier Fernando Chico Pardo has agreed to acquire Citi’s 25% equity stake in Grupo Financiero Banamex for around $2.3…
Revolut unveils £10bn global expansion strategy
Revolut has unveiled its international growth plans following the opening of its new global headquarters in London’s Canary Wharf this…
Stripe Valuation Reaches Record $106 Billion
Payments infrastructure FinTech Stripe’s valuation has reportedly reached a record $106.7 billion. That’s according to a report Tuesday (Sept. 23)…
Walmart’s PhonePe Targets $15 Billion Valuation in IPO
PhonePe, India’s largest digital payments company, is reportedly preparing to go public. The Walmart-backed company filed preliminary documents via the…
Mastercard announces latest cohort of fintechs joining its Start Path programme
Eleven fintech start-ups have joined Mastercard’s latest Start Path engagement programme, which enables companies to further develop their value proposition…
Crypto infrastructure platform Zerohash secures unicorn status with $104m round
Zerohash, a US-based embedded crypto and stablecoin infrastructure platform, has reached unicorn status following a $104 million Series D-2 funding…
Fnality raises $136m Series C to drive expansion
Fnality, a UK-based company using blockchain technology to enable instant wholesale payments between financial institutions, has raised £99.7 million ($136…
Finova appoints David Espley as new CTO
Finova, a cloud-based mortgage and savings software provider, has appointed David Espley as its new chief technology officer (CTO). In…
FinTech firm OnFinance AI secures $4.2m Pre-Series A
OnFinance AI, a generative AI platform designed for the banking, financial services, and insurance (BFSI) sector, has raised $4.2m in…