FinTech

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Revolut Losses Deepen in 2020 despite 57% Revenue Jump

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...

Visa Introduces Its Tap to Phone Pilot in the US

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

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

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 ...

DNA Payments Group Secures £100 Million in Funding

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...

NAGA Taps Visa to Launch Payments Platform in Q3

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...
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