French payroll and HR platform PayFit raises €90 million

Digital payroll and human resource management firm PayFit has raised a €90 million series D funding.The investment round in the French fintech follows 40% growth in 2020 and has been led by Eurazeo Growth, Large Venture and BPI France with participation and support from existing investors including Accel, Frst and French billionaire Xavier Niel. Aimed […]

Canadian challenger Koho closes $70 million funding round

Canadian challenger bank Koho closed a $70 million oversubscribed Series C funding round. The round was led by new investor TTV Capital, with renewed commitments from existing investors Drive Capital and Portag3 Ventures. Billed as an alternative to a traditional banking experience, Koho users are furnished with a reloadbale Visa card and and a mobile […]

IXOPAY Partners with Chargebacks911

Take control of chargebacks and improve your bottom line The industry leading payment orchestration platform, IXOPAY has partnered with Chargebacks911, the global leader in chargeback management, remediation and dispute resolution. The strategic partnership will see IXOPAY and Chargebacks911 provide clients with a payment solution that enables them to have flexibility, independence, and optimized dispute resolution, […]

Webinar: How Payment Orchestration Redefines the Merchant Experience

Discover how payment orchestration is revolutionizing online payments Adam Vissing, VP Sales and Business Development at IXOPAY, and Keren Aviasaf, CEO and Co-Founder of PaymentsOp, will discuss how payment orchestration is redefining the merchant experience in a free webinar that will take place on Thursday 22 April 2021 at 14:00 CEST.  If you want to […]

TreeCard secures $5.1 million investment for wooden debit card

Treecard

TreeCard, the provider of a wooden Mastercard debit card that channels profits from merchant surcharges into reforestation programmes, has raised $5.1 million in a funding round led by EQT Ventures. The round also included participation from Seedcamp and Episode 1, as well as a number of well-connected Angel investors including GoCardless founder Matt Robinson and […]

Evolution of FinTech Solutions and their Applications in 2021

Fintech, known for its applications in the e-commerce industry, has been in popular demand over recent years. By fusing technology and finance in smart products and services, Fintech brings innovation to the table for businesses and customers alike. According to Statista, the industry will top a staggering $4.8 trillion by the end of 2020 and […]

TransferWise rebrands as ‘Wise’ to reflect brand expansion

Having built a strong initial reputation as being one of fintech’s leading money transfer companies, Wise has reflected that “customers now need [it] for more” and sought to capture this transition with a clear separation from its past identity. Now over a decade since it was founded, the company has broadened its capabilities to include international currency […]

Joompay partners with Visa for pan-Europe payment solutions

joompay

A relative newcomer on the scene, Joompay was founded in 2019 in Windhof, Luxembourg. The company aims to develop the increasingly popular P2P payments model with simple, fast and secure transactions across the entirety of Europe.  Also gaining momentum are card payments, particularly in the 12 months since the start of the global pandemic. In Europe alone, […]

Amsterdam payment fintech unicorn Mollie enters UK

Mollie

Mollie, Amsterdam-based payment service unicorn, has announced its expansion into the UK market to help merchants with European growth post-Brexit.  As a result, the Dutch fintech company has enhanced its service available to UK companies who can incorporate a variety of EU payment methods into their e-commerce websites.  Appointed Josh Guthrie as Head of the […]

GuardianCard launches virtual card to protect the vulnerable

GuardianCard – a fintech headquartered in Hull, UK, – has launched a virtual card created to safeguard the finances of vulnerable customers. The card, which provides a solution for vulnerable people open to financial abuse, was created following personal experiences of the fintech’s founders. Aiden McAllister and Nick Thompson both drew on their knowledge of […]