Dubai fintech Mamo raises $8 million for its digital wallet and payments platform
Dubai fintech Mamo, a digital wallet and payments platform, raises $8 million in its latest Pre-Series A funding round.
Banking Circle enhances frictionless cross border payments with purpose-built, cloud-based payments platform
Banking Circle, the financial infrastructure provider, today announces that it is now completely cloud-based.
Stripe has raised a new round of funding to accelerate momentum in Europe
Stripe, which builds economic infrastructure for the internet, has raised a $600 million (€500 million) funding round at a $95B (€80B) valuation.
Australian businesses missing the benefits of fintech, say Airwallex and CPA Australia
‘The Role of FinTech in Modernising Businesses’ report aims to educate Australian businesses on emerging fintech solutions.
GoCardless raise £70m, led by Bain Capital Ventures
GoCardless announced that it has raised £70 million (USD$95 million) in a Series F funding round, led by Bain Capital Ventures.
How to manage all your payments messaging with one system
PaymentComponents have a solution that allows banks to manage all payments messaging within the same system.
Fintech investment thriving in the UK
Financial technology, or fintech, is thriving in the UK, with many start-ups leading innovation across the country. With new advances in fintech it is increasingly easy to check your balance on the go, or to utilise contactless technology wherever you may be. It’s developing at such a rate that technologies such as paying with your phone or fingerprint technology at a checkout will soon become the norm. How much is it growing in the UK? A report from UK Fintech said that industry investment had increased by over 50% each year since 2008. To put things in perspective this is twice as much growth as in the Silicon Valley, which […]
Global fintech regulators promise ‘not to stifle innovation’
Regulators from across the globe have admitted that laws and regulation governing fintech have not moved in sync with technological advancements and steps must be taken to avoid tendencies to “jump in” and “imagine the worst”. Speaking at the ASIC Annual Forum last week on the future of financial regulation, managing director of the Monetary Authority of Singapore and member of the Financial Stability Board, Ravi Menon addressed the issue of how regulators must respond to fintech moving forward. “Often when it comes to the risk assessment of fintech there is a tendency to have a fear of the unknown or a tendency to imagine the worst. A degree of […]
