UK’s Zilch raises $80M at a $500M+ valuation for its direct-to-consumer buy now, pay later service
London buy now, pay later startup Zilch has raised $80 million (£57m), an all-equity Series B that values the company at over $500 million (£360m).
Belfast fintech firm in fresh funding round for new bank-linked loyalty platform
Belfast-based fintech company LoyalBe has announced £725,000 of fresh investment in a funding round led by Techstart Ventures.
UK fintech RSM 2000 is acquired by PayPoint
PayPoint, the UK fintech that provides payment services for consumers, retailers, mobile and multi-channel solutions for businesses, acquires RSM 2000.
Mastercard partners with ConsenSys to support the future of multi-blockchain commerce
Mastercard has announced investing and partnering with ConsenSys, a software engineering firm in the blockchain space, to power the future of commerce.
Zip Co raises $400 million for international expansion
Zip Co has priced $400 million of senior convertible notes to fund expansion into new regions on the back of major growth in the US.
Pine Labs acquires consumer fintech platform Fave for $45M
Merchant commerce platform Pine Labs announced that it had acquired Fave, Southeast Asia’s fast-growing consumer fintech platform.
Safexpay, a FinTech startup raises $6mn bringing valuation to $100 million
Safexpay, a Mumbai-based FinTech start-up has raised $6 million in funding from two investors at a valuation of $100 million.
Payment giant Stripe funds fintech startup Ramp at $1.6 billion valuation
Ramp, a fintech startup that offers corporate cards and software for managing employee expenses, raised $115 million in a funding round led by digital payments giant Stripe and D1 Capital Partners, valuing it at $1.6 billion, it said on Thursday. The two-year-old New York-based firm competes with American Express, new-age fintech startups such as Brex and older expense management software makers like Expensify and SAP Concur. Stripe, which had invested in Ramp previously as well, had in March raised $600 million at a valuation of $95 billion. To read more, please click on the link below… Source: Payment giant Stripe funds fintech startup Ramp at $1.6 billion valuation | Reuters
