USA
Checkout.com Triples Valuation to $15 Billion With $450 Million Funding
Checkout.com, a London-based payments solutions provider, announced that it closed a $450 million Series C fundraising round giving it a post-money valuation of $15 billion. The Series C was led by Tiger Global Management, LLC, a New York-based technology investor.
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Visa Calls off Plans of $5.3 Billion Plaid Acquisition
Visa and U.S. fintech firm Plaid announced that they have terminated their $5.3 billion merger agreement and agreed with the Department of Justice (DOJ) to dismiss the litigation related to the proposed transaction. The proposed transaction was first announced in
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Walmart to Create Fintech Startup for Digital Finance Push
American multinational retail corporation Walmart has created a new fintech startup designed to develop and offer modern, innovative and affordable financial solutions. The new startup is a strategic partnership with fintech investment firm Ribbit Capital. The venture will bring together
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Top 20 Neobanks of 2020
Fintech intelligence startup WhiteSight has released its selection of 2020’s top 20 neobanks based on growth and valuation. The list features 20 independent digital banking companies from Europe as well as North and South America which made notable strides last
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Study: Call for International Cooperation in Fight Against Crypto-Related Crime
The global nature of the blockchain ecosystem is adding a layer of complexity in the fight against crypto-related crimes. Against this backdrop, the US Department of Justice (DOJ) is calling for international, federal, state and public-private cooperation to improve the
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iCapital Network Builds Momentum With Europe and Asia Expansion
New York-based iCapital Network, a fintech startup with a platform for investing in alternative assets, announced a series of milestones in its expansion journey into European and Asian markets. With the appointment of two industry insiders as senior executives to
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PayPal Dips Its Toes in the Crypto Market…. in 2021
PayPal announced the launch of a new service enabling its customers to buy, hold and sell cryptocurrency directly from their PayPal account. The company is introducing the ability to buy, hold and sell select cryptocurrencies, initially featuring Bitcoin, Ethereum, Bitcoin
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Digital Banking Solution Meniga Announces US Expansion
Meniga, provider of AI-powered digital banking solutions, announced that it has expanded its business to the US, with a dedicated team appointed to drive sales operations. The new US team – operating remotely before opening planned premises in New York
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Pay With Your Palm? Amazon Launched New Biometric System
Amazon launched its latest payment technology using a new biometric system that uses palm recognition, allowing its users to do everyday activities like paying at a store, presenting a loyalty card, entering a location etc. The service, called Amazon One,
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Volante Technologies Ties up With Goldman Sachs’ for Its Cloud Banking Platform
US based Volante Technologies, cloud payments and financial messaging solution, announced a collaboration with Goldman Sachs for the Goldman Sachs Transaction Banking Platform. Voltane will provide the payment technology underpinning the bank’s recently launched digital transaction banking service built entirely
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