U.K.-based payments platform Moneyhub has raised $39.5 million as it looks to expand its offerings amid the region’s continued embrace of open finance. According to a Monday (Oct. 24) news release, lead investors Legal & General and Lloyds Banking Group will take minority stakes in...
India-based FinTech PhonePe is reportedly in talks to start a new funding round to further its aim of building a financial services super app. The round would be led by global growth equity investor General Atlantic with an investment of $450 million to $500 million...
Global FinTech Capital on Tap has secured a $110 million corporate revolving credit facility and said it will use the funding to build a central finance hub that will help small businesses in the United States and the United Kingdom manage all aspects of their...
Gaming payments platform Sightline Payments has secured a strategic investment from J.P. Morgan Payments and said the firms will work together to develop an integrated omnichannel solution for resort and online gaming companies. This investment follows the announcement earlier this year that J.P. Morgan Payments...
B2B payment solutions startup Credit Key raised $115 million in debt and equity funding for its point of sale (POS) eCommerce solution that provides businesses with an instant buy now, pay later (BNPL) function at checkout. The fresh funds will enable the company to expand the capital...
Stock keeping unit (SKU)-level receipt data infrastructure startup Banyan raised $43 million to scale its technology and infrastructure to advance its network that enables retailers, banks and FinTechs to leverage item-level enriched data capabilities. The Series A round, a combination of equity and venture debt,...
Comprehensive payments platform Tilia was backed by J.P. Morgan for an unspecified amount to further develop its payment processing solutions for in-game transactions and virtual economies. Tilia converts in-world tokens to fiat currency including USD — the foundation of any virtual economy — for in-game...
Financial wellness benefit provider Northstar has raised $24.4 million and said the additional capital will enable it to expand its products and its global reach. Offered by employers as a benefit to their employees, Northstar employs FinTech tools and in-house financial advisors to help employees...
Investors backed venture funds with more money so far this year than all of 2021, with a flurry of activity in recent months that offset a cooling period at the start of 2022 with the decline of tech stocks. Venture funds saw $151 billion in...
