Funding Societies to buy Singapore-based CardUp
Singapore-based fintech lender Funding Societies has reached an agreement to buy local payments company CardUp for an undisclosed sum. As…
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CloudWalk rakes in $150m; to launch blockchain platform
Brazilian SMB-focused payments firm CloudWalk is set to roll out its own blockchain system for documenting cryptocurrency transactions and operations.…
Raisin Bank acquires Bankhaus August Lenz’s payment division
Frankfurt-based Banking-as-a-Service (BaaS) provider Raisin Bank is expanding into the payment business with the acquisition of Bankhaus August Lenz &…
UK payment firm SumUp rakes in €590m at €8bn valuation
London-based payment service provider SumUp has secured €590m in a debt and equity funding round that values the firm at…
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Alhokair Family buys minority stake in BNPL platform valU
EFG Hermes’ subsidiary valU, a buy-now, pay-later (BNPL) platform in the MENA region, has agreed to divest a 4.99% interest…
Indonesia’s Flip closes $55m Series B extension round
Indonesian fintech firm Flip has closed a $55m Series B extension round led by Chinese multinational technology and entertainment conglomerate…
MFS Africa secures $100m in Series C extension
African digital payments network MFS Africa has secured an additional $100m in equity and debt to further accelerate its expansion…
Crypto crash is the “medicine” the bloated market needs, industry says
The crypto crash has become a reality. However, industry experts are bullish about the future of digital assets
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