Clubhouse Tests Out Direct Payments to Content Creators
Online content creators are always searching for ways to monetise content, and rightfully so. A substantial amount of effort goes into producing online content. And more and more people are recognising creators’ efforts and supporting them financially. New social media darling Clubhouse has recently decided to support its content creators by launching a direct-to-user payments system in association with Stripe. Unlike […]
Littlepay – Move to open loop payments begins on Finland’s city transport
First phase of multimodal contactless transit payment system in Finland’s capital underway In Tampere, tap-to-pay begins on buses, with a rollout to the tram network planned Press release, London, May 4, 2021: Today, Littlepay announces the launch of open loop payments on public transport in Finland’s capital Helsinki and its second largest urban area, the […]
Why Fintech is the Biggest Driver of Financial Inclusion
The role of financial inclusion in reigniting the global economy in a post-pandemic world cannot be understated Ensuring universal access to financial products and utilities features in eight of the UN’s seventeen Sustainable Development Goals, identified as an enabler for ending poverty and hunger and achieving gender equality. However, financial inclusion also has the power […]
Current raises $220m at $2.2bn valuation
US digital banking startup Current has tripled its valuation to $2.2 billion off the back of a $220 million Series D funding round led by Andreessen Horowitz.Tiger Global Management, TQ Ventures, Avenir, Sapphire Ventures, Foundation Capital, Wellington Management and Expa joined the round, which sees Current’s valuation jump from $750 million at its last raise […]
Teen Banking Startup Step Takes In $100 Million In Series C Funding
Step has raised $100 million in Series C funding, the FinTech banking startup said in a news release on Tuesday (April 27). Led by General Catalyst, the round attracted some high-profile investors, including NBA All-Star Stephen Curry, actor Jared Leto and Dreamers VC, the fund founded by Will Smith. The company, which recently marked 1.5 million users in […]
Greenlight hits $2.3bn valuation on $260m funding round
Greenlight Financial Technology, the startup behind an app and debit card for kids, has hit a $2.3 billion valuation thanks to a $260 million Series D funding round led by Andreessen Horowitz.TTV Capital, Canapi Ventures, Wells Fargo Strategic Capital, BOND, Fin VC, Goodwater Capital, Wellington Management, Owl Ventures and LionTree Partners joined the round, which […]
Sopra Banking Software Joins IBM Cloud for Financial Services Ecosystem
Paris, April 27, 2021 – Sopra Banking Software, the partner of choice for more than 1,500 financial institutions worldwide, announced that it will join the IBM Cloud for Financial Services Ecosystem. The IBM Cloud for Financial Services, which recently became generally available, is designed to help financial institutions transact with technology vendors, such as Sopra Banking Software, who have met the platform’s stringent security […]
Data will be key for stronger supply chains in 2021
For more in-depth insights, discussions and expert opinions on all things Fintech, check out the latest issue of PCN Magazine. The events of 2020 disrupted supply chains within businesses of all sizes, and impacted the ability of many to provide their usual products and services in the same capacity. To illustrate this point, Harvard Business Review […]
Investment fintech BUX raises $80m in latest round
BUX, Europe’s fastest growing mobile brokerage company, based in Amsterdam and London, has raised $80m in a funding round led by Tencent and Prosus Ventures. Additional new investors included ABN Amro Ventures, Citius, Optiver, and Endeit Capital. Existing investors HV Capital and Velocity Capital Fintech Ventures. The zero commission brokerage, which turned to Royal Park Partners […]
Safello Group AB has obtained preliminary approval for listing on Nasdaq First North Growth Market and publishes EU growth prospectus
Safello Group AB (”Safello” or the ”Company”), a crypto currency exchange company within the cryptocurrency currency market which offers and enables customers to safely and securely buy and sell leading cryptocurrencies, announced on 16 February 2021 its intention to list the Company’s shares on Nasdaq First North Growth Market Stockholm (“Nasdaq First North”) and to […]
