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Latest News & Insights from Around the web
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From Around The Web
Payments orchestration startup Formance raises $3.1 million
21 June 2022
Formance, a French fintech startup that offers businesses a 'low-code' template for tracking payment flows in real time, has raised $3.1m from Hoxton Ventures, Frst, Y Co...
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From Around The Web
Funding Circle appoints former Revolut director as MD for FlexiPay
21 June 2022
Jerome Fernandez will head up the company’s first short-term finance offering.
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From Around The Web
UK sets out tougher BNPL rules; consumer champions chafe at long timeline
21 June 2022
Buy now, pay later lenders in the UK will be forced to carry out affordability checks and refrain from misleading advertising and promotions under new rules proposed by t...
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From Around The Web
Revolut is now the fastest growing FinTech in Spain
16 June 2022
The super app says it has surpassed one million customers in Spain.
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From Around The Web
PM calls on FinTech to lead tech revolution as figures show FinTech dominating tech investment
16 June 2022
Figures from the UK Digital Economy Council show fintech companies in the UK have raised £6.2bn since January, representing 72 per cent of UK tech investment overall....
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From Around The Web
Shard credit partners launches £75mn venture debt fund
16 June 2022
With typical loan sizes in the range of £2-6 million per borrower, the fund will complete around 15 investments per annum during the three-year investment period...
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From Around The Web
Founded by Robinhood alumni, this FX challenger aims to undercut Wise
16 June 2022
Atlantic Money offers customers a flat fixed fee of £3 on all transfers up to £1m.
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From Around The Web
Tencent and Block invest in Indonesia's Flip
16 June 2022
Indonesian payments platform Flip has raised $55 million in a Series B extension round led by Tencent, with participation from Block.
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From Around The Web
Mena Banking-as-a-Service player NymCard raises $22.5 million
14 June 2022
Abu Dhabi-based banking-as-a-service vendor NymCard has raised $22.5 million in a venture round led by DisruptAD – ADQ’s venture platform, Reciprocal Ventures, and Sh...
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From Around The Web
Scalapay joins the circular economy with UK fintech Twig
26 May 2022
Scalapay has formed a partnership with circular economy fintech Twig to enable customers to resell products they have purchased via the buy now, pay later provider, and g...
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From Around The Web
Vatican announces metaverse plans
06 May 2022
The Vatican has announced its plans to enter the metaverse through a strategic partnership with tech company Sensorium.
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From Around The Web
UK BNPL unicorn Zilch prepares for US launch
05 May 2022
Ahead of its imminent launch in the US, London based fintech Zilch has joined the Financial Technology Association (FTA) in order to prioritise innovation through respons...
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