Revolut raises $800m series E funding from Softbank and Tiger Global
Revolut, the financial superapp with more than 16 million customers worldwide, have announced a USD$800 million (£579 million) series E funding round.
QR codes hold hope for APAC’s digital expectations
QR codes, Lawson said, have a lot of power and potential, particularly in Asia’s various cash-dominated developing markets.
Fondsdepot Bank partners FinTech Moonfare for expansion across Europe
Fondsdepot Bank begins international expansion and, for the first time, cooperates with a financial technology company, Moonfare.
HK fintech Velotrade secures funding and partnership with Vynn Capital
Velotrade, a Hong Kong-headquartered fintech, has secured funding and partnership with Vynn Capital, a Southeast Asia-focused venture capital firm.
Apple Pay is reportedly getting a “Buy Now, Pay Later” feature
While Apple Pay Later wouldn’t require you to get an Apple Card, it will reportedly require you to apply for approval via the Wallet app.
UK fintech Quantexa raises £110 million led by Warburg Pincus
Quantexa has raised £110 million (USD$153 million) in Series D funding from Warburg Pincus and a growing group of blue-chip investors.
Nordic challenger Lunar raises €210 million
Danish digital challenger bank Lunar has raised €210 million led by investment company Heartland, alongside growth investor Kinnevik and Tencent.
Weavr raises £7M in seed funding to power any digital application with financial services
Weavr, which allows businesses to embed banking and payments into their mobile app or SaaS platforms, announced the closing of £7m in seed funding.