Payments Firm Paysend Secures US$125 Million in Series B Fundraise
Paysend, a London-based payments platform, announced that it has closed a Series B funding round of US$125 million. The fundraise was led by One Peak, with participation from Infravia Growth Capital, Hermes GPE Innovation Fund, and existing long-term investors including
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RIDDLE&CODE Granted Crypto License From Austrian Regulator
RIDDLE&CODE Fintech Solutions, an Austrian blockchain interface solutions provider, has obtained a license as a “service provider for virtual/cryptographic tokens” from the Austrian Financial Market Authority (FMA). The crypto firm is reportedly one of the first fintech companies in Austria
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TONI Digital und Migros lancieren Onlineversicherung
Während das Zürcher Insurtech TONI den Versicherungsmarkt transparenter, digitaler und günstiger machen will, steht die Migros für faire, einfache und kostengünstige Produkte. Die neue Partnerschaft weitet dieses Produktversprechen nun auf den Versicherungsbereich aus und bietet damit den traditionell komplizierten und
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German Neobroker Trade Republic Announces US$900 Million Fundraise
German neobroker Trade Republic announced that it has raised US$900 million in a Series C funding round which pushed its valuation to over US$5 billion at present. The fundraise was led by Sequoia with participation from new investors TCV and
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F10 Welcomes Swiss Hewlett Packard Enterprise Into Its Global Fintech Ecosystem
F10 announced that it has partnered with Hewlett Packard Enterprise (HPE) Switzerland for its fintech accelerator programme along with other renown financial institutions, consulting and tech firms. The partnership with F10 is a strategic initiative for HPE Switzerland’s focus in
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ETC Group Lists Physically Backed Ethereum and Litecoin Crypto ETCs on SIX
ETC Group, a specialist provider of digital asset-backed securities, has announced that it will list its physically backed Ethereum and Litecoin cryptocurrency ETCs on the Swiss Stock Exchange SIX. The listing of ETHetc (ETC Group’s Physical Ethereum ETC) and LTCetc
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Revolut Rolls Out Invoice Tool for Its Business Account Users
Revolut, a British fintech company offering banking services, has rolled out a new feature enabling its users to send professional invoices from their Revolut Business account in minutes without having to switch between platforms. With Revolut‘s new tool, users can
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China, UK, Germany Among Top Shopping Markets for European E-Commerce Customers
In Europe, online shoppers are increasingly embracing cross-border e-commerce, with China, the UK and Germany emerging as the top three preferred shopping markets, a new report says. In a new paper titled How Europe prefers to pay: E-Commerce Payment Report
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Private Equity Firms to Acquire Irish Regtech Fenergo in US$600 Million Deal
Irish regtech Fenergo announced that it has been acquired by private equity firms, the Paris-based Astorg and London-based Bridgepoint, from Insight Partners. While financial terms of the transaction were not disclosed publicly, the Irish Times cited industry sources to claim
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SWIFT Assesses What Roles It Could Play in Future CBDC Ecosystem
As central banks around the world accelerate their digital currency efforts, international payment network SWIFT is assessing what roles it could play in this new future. In a new paper released on May 11, 2021 and produced in partnership with
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