FinTech Archives - FortuneZ

Revolut Losses Deepen in 2020 despite 57% Revenue Jump

June 21, 2021

UK fintech Revolut reported a 57 percent jump in its 2020 revenue, but the company’s losses for the year deepened despite the year-end cryptocurrency boom. The operating loss for the startup came in at £200.6...

Splash Financial Raises $44 Million in the Latest Investment Round

June 18, 2021

Splash Financial, the US-based financial technology platform, recently announced that the company has secured $44.3 million in the latest Series B funding round. Citi Ventures, Detroit Venture Partners, Fireb...

Visa Introduces Its Tap to Phone Pilot in the US

June 17, 2021

Visa, the US-based financial services provider, announced yesterday that the company has launched its Tap to Phone pilot in the United States. Visa has already tested the company’s Tap to Phone service in mor...

Payments Firm FamPay Raises $38 Million

June 17, 2021

FamPay, an Indian financial technology platform, recently announced that the company has secured $38 million in funding. Elevation Capital led the latest Series A investment round. According to an official a...

UK Fintech Wise Plans Direct Listing on LSE

June 17, 2021

Wise, previously known as Transferwise, confirmed on Thursday about its plans of going public with a direct listing on the London Stock Exchange. Unlike traditional initial public offering (IPO), the direct ...

Fintech Company 10x Future Technologies Raises $187 Million

June 16, 2021

Banking technology firm, 10x Future Technologies announced today that it has raised $187 million in a Series C funding round. The UK-based fintech company is planning to accelerate its global expansion throug...

Equinix to Expand xScale Data Centers Forming a Joint Venture with GIC

June 15, 2021

Equinix Inc. (Nasdaq: EQIX), a global interconnection and data company, announced on Monday that it is forming a joint venture by entering into a limited liability partnership with Singapore’s sovereign wealt...

DNA Payments Group Secures £100 Million in Funding

June 14, 2021

DNA Payments Group, the UK-based payments company, announced today that it has raised £100 Million to accelerate the company’s growth. DNA Payments is also planning to make new acquisitions. According to the...

Adyen Obtains Regulatory Approval to Open US Banking Branch

June 14, 2021

Amsterdam-headquartered Adyen (AMS: ADYEN) announced on Monday that it has received a banking branch charter in the United States to establish a Federal Foreign Branch. The approval has been granted by the O...

NAGA Taps Visa to Launch Payments Platform in Q3

June 14, 2021

Hamburg-based NAGA Group (XETRA: N4G) announced on Monday the upcoming launch of its much-awaited payments platform called NAGA Pay, which will be available in the United Kingdom and the European Economic Are...