HSBC UK launches fraud awareness app for businesses

HSBC has launched a fraud awareness app to provide businesses with up-to-the-minute news on emerging scams. As well as sending users notifications on new scams and fraud tactics, the free app also includes advice and tips on how to avoid falling victim to fraud and provides real-life stories from customers. Peter McIntyre, head of small […]

Kushki, an Ecuador-based fintech, raises $86M to build financial infrastructure in Latam

Just about every week there’s a blockbuster round coming out of South America, but in certain countries such as Ecuador, things have been more hush hush. However, Kushki, a Quito-based fintech, is bringing attention to the region with today’s announcement of a $86 million Series B and a $600 million valuation. “We never thought that we […]

Goldman Sachs leads $45M investment into auto fintech startup MotoRefi

MotoRefi has raised another $45 million in a round led by Goldman Sachs just five months after investors poured $10 million into the fintech startup to help turbocharge its auto refinancing business. The startup developed an auto refinancing platform that handles the entire loan process, including finding the best rates, paying off the old lender […]

Fintech In the UK – Fundraising Q1, 2021

Another quarter of successful funding rounds around the world of fintech has finished! Here are some highlights of UK funding in Q1 of 2021: Among the largest rounds are: SumUp – £532MLendInvest – £500MCheckout.com – £319M Series CStarling Bank – £272M Series DRapyd – £213M Series DPPRO – £127MZego – £106M Series CSalary Finance – […]

African payments startup Chipper Cash raises $100m

African cross-border payments startup Chipper Cash has raised $100 million in a Series C funding round led by SVB Capital. Deciens Capital, Ribbit Capital, One Way Ventures, 500 Startups, Tribe Capital, Brue2 Ventures, and Jeff Bezo’s personal VC fund joined the round, according to TechCrunch. Founded in San Francisco in 2018 by Ugandan Ham Serunjogi […]

Getting Acquainted with Post-Pandemic FinTech Opportunities

The growth of the worldwide FinTech market has been paramount. In 2019, the global FinTech market reached a value of USD 5504.13 Billion. Between the years 2020 and 2025, this value is forecasted to grow at a CAGR of 23.58%.  No doubt, the Covid-19 pandemic has caused substantial disruption leading to many forecasts being contested. […]

Circle raises $440m

Fintech outfit Circle has raised $440 million in financing as it seeks to capitalise on the success of the fast-growing USDC stablecoin.Fidelity Management and Research Company, Marshall Wace, Willett Advisors, Intersection Fintech Ventures, Atlas Merchant Capital, Digital Currency Group, FTX, Breyer Capital, Valor Capital Group, and Pillar VC all joined the round. An early player […]

Paysend bags $125m Series B as it sets sights on global expansion

The fintech says it has amassed 3.7 million users in over 60 countries since it was founded in 2017. International payments platform Paysend has today announced a $125m Series B funding round to help it fund its global expansion plans. “This $125m B Round investment will allow us to take our platform to the next stage, innovating […]

NEC Payments finds a new path to payment security with Netcetera

Bahrain-based NEC Payments needed an ACS offering 3DS 2.0, the latest in payment security protocols. Netcetera rose to the challenge, building them a solution from the ground up. NEC Payments is a rapidly growing digital banking and payment technology company with big plans. Already offering innovative cloud-native banking-as-a-service to Middle East Fintech and technology distribution […]