FinTech Archives - Page 2 of 34

South Korea’s Shinhan Bank Collaborates with Wise

June 3, 2021

Wise, a London-based fintech company, announced today that Shinhan Bank, one of the leading banks in South Korea, has integrated with the Wise platform to bring cheaper and faster international transfers to i...

German Company Wefox Raises $650 Million

June 1, 2021

Wefox, a Germany-based digital insurance provider, announced today that it has raised $650 million in a Series C funding round. The fintech company has received a valuation of $3 billion. According to the of...

Fintech Firm Circle Raises $440 Million to Accelerate Expansion

May 31, 2021

Circle, the US-based financial technology company, announced that it has raised $440 million from leading institutional and strategic investors to drive the company’s growth and market expansion. According t...

Payments Firm Worldline Signs an Agreement to Acquire Cardlink

May 28, 2021

Worldline, one of the leading payment companies worldwide, announced today that it has signed an agreement to acquire a 92.5% stake in Cardlink, a well-known network services provider in Greece. According to...

PayPal Supports Black and Latinx-Led Venture Capital Funds with $50 Million

May 27, 2021

PayPal Holdings, the US-based online payments firm, announced that the company is planning to invest an additional $50 million in 11 Black and Latinx-Led venture capital funds. In October 2020, the company an...

Playtech Announces Sale of Its Financial Trading Division Finalto

May 26, 2021

Playtech, a leading supplier of online gaming and sports betting software, announced today that the company has entered into an agreement to sell its financial trading unit Finalto in a deal worth $210 millio...

US Fintech Flywire to Raise $250 Million in IPO

May 26, 2021

The Boston-based payments firm, Flywire Corporation has priced its initial public offering (IPO) at $24 per share, which is at the higher end of the previously proposed price band of $22-$24. It will raise ar...

Paysend Raises $125 Million to Accelerate Its Global Expansion

May 26, 2021

Paysend, a fintech company based in the UK, announced today that it has secured $125 million in a Series B funding round to accelerate the company’s global expansion. According to an official announcement, t...

Banking Technology Company Zeta Secures $250 Million Funding from SoftBank

May 25, 2021

Zeta, a banking technology startup, announced yesterday that the company has raised $250 million from SoftBank Vision Fund 2. The latest funding is one of the largest single investments in a banking technolog...

Australian Fintech Firm mx51 Raises $25 Million

May 24, 2021

Australia’s fintech startup, mx51 announced that the company has secured $25 million in the Series A funding round to accelerate its expansion. According to an official announcement, the recent funding round...