London’s UK FinTech Growth Partners announces new fund to support growth-stage fintech startups in UK
UK FinTech Growth Partners will launch FinTech Growth Fund, a domestic financing initiative for growing startups.
Fintech
Payments, neobanks, embedded finance, and the regulatory boundary between fintech innovation and the financial system it sits on top of.
930 articles · Fintech
UK’s SumUp bags €91M in credit facility from Victory Park Capital for its merchant cash advance product
London-based SumUp, a fintech company, announced on Wednesday that it has entered into a $100M (approximately €91M) credit facility with…
PayPal unveils PYUSD Stablecoin, faces surge in counterfeit tokens: Know more
California-based PayPal, a financial technology company, announced on Monday, August 7, that it has introduced a regulated stablecoin that has the potential to revolutionise payments within web3 and digitally native ecosystems.
London-based fintech Orbital secures €5.8M in first institutional fundraise
London-based fintech company Orbital has secured £5m in an oversubscribed growth round led by Golden Record Ventures.
Stock exchange for music: MasterExchange raises €2.46M for its new music investment platform
Stockholm-based music startup MasterExchange has raised $2.7M in an initial funding round to launch its music investment platform.
PayU sells its Global Payments Organisation platform to Rapyd for €556M in cash deal
PayU, the fintech and e-payments business of Prosus, announced on Tuesday that it will sell its online payment platform, Global Payments Organisation (GPO), to Rapyd, a fintech service provider.
Bank of Spain authorises eToro as a virtual currency exchange service provider
eToro receives Bank of Spain approval for virtual asset services. The registration was completed on June 29 under code number D848.
IMC acquires Rotterdam’s Altas Technologies to revolutionise technology-driven future of trading
IMC announced its acquisition of Altas Technologies, a technology and data-driven trading firm in Rotterdam.
Seedrs seeking to get authorised under new EU regulation: Exclusive interview with MD Kristy Grant
Seedrs is in the process of getting an EU authorisation. The company plans to get “deeper” into the promising EU startup market.
Lithuania’s AMLYZE launches screening module to give financial institutions powerful tool for risk mitigation
RegTech company AMLYZE has launched its Screening Module to help financial institutions mitigate potential risks associated with worldwide sanctions.
Amsterdam’s fintech unicorn bunq secures €44.5M for international expansion
The investors in this round include Ali Niknam (Founder of bunq), Pollen Street Capital and Raymond Kasiman.
Italian bank Mediobanca partners with UK’s Founders Factory to back 35 fintech startups
Over the next five years, the Mediobanca/Founders Factory joint venture will establish and invest in 35 fintech companies.