UK buy now, pay later platform Payl8r is set for unicorn status after its recent £40mn funding.
In Brief:
The funding comes from Conister Bank.
The Manchester based FinTech says it’s set to become a unicorn within five years.
In the past year, Payl8r has tripled its lending.
What does this mean?
In a press release, Payl8r says the funding has the potential to generate another £40mn. It is currently expanding its office space and has built a new in-house creative team.
The funding will support Tyme's expansion into Southeast Asia, including Vietnam and Indonesia, as it aims to become a top retail bank in South Africa within three years....
The acquisition is expected to enhance FIS's portfolio, following its recent purchase of San Francisco-based Banking-as-a-Service fintech Bond.
AHAM Capital is replacing legacy, on-premises systems with Temenos Multifonds Global Accounting on SaaS to drive scalable automation and future growth in the Malaysian ma...
The funding will drive the growth of its consumer lending platform, CashNow, and improve its Ultra app ecosystem
Aimed at delivering comprehensive card issuing services. In brief:- The strategic ...
Banking Circle Business AML team recognised for best-in-class strategy. In brief:- ...
Including facts on how Brits use its credit products.In brief:- ...
Visa and Mastercard reach $30bn interchange fee settlement with merchants.In ...
Buy Now, Pay Later (BNPL) is finance for the digital age. This report focuses on the online BNPL mar...
For many financial institutions (FIs), the rapid transformation to a digital-first mentality greatly...
The demands on financial services technology have increased significantly and the pace of change con...
PayTechs’ relentless disruption means that only banks and payment service providers that offer “valu...
There are no Events in this category