Fintech Startups news and trends

‘Africa’s Stripe,’ Paystack, Snags $8M From Visa, Tencent, Stripe
Investments // August 29, 2018

Paystack, the Nigerian payments company, announced on Tuesday (Aug. 28) that it raised $8 million in a Series A round. According to a report in Quartz, citing the company, the round of funding comes less than two years after it landed $1.3 million in seed financing. The...

Consero Global Lands $50M For Finance-As-A-Service
B2B Payments // August 24, 2018

Finance-as-a-Service startup Consero Global secured $50 million in funding for its solution, with reports in AustinInno calling it one of the largest investment rounds for a mid-market financial services startup. The publication said this week that Consero Global secured the funding from BV Investment Partners...

B2B Finance As A Service Tops This Week’s VC List
B2B Payments // August 24, 2018

The big B2B venture capital news of the week was Augmentum Fintech’s trio of investments, signaling the company’s focus on the B2B FinTech market — but it wasn’t the only firm targeting this startup space. Investors also took a liking to accounting technology, alternative small...

Even Financial Lands $18.8M In Venture Funding
Investments // August 07, 2018

Even Financial, a FinTech company focused on the consumer financial services ecosystem, announced on Tuesday (Aug. 7) that it raised $18.8 million in venture funding. In a press release, Even Financial said the Series A round of funding was led by GreatPoint Ventures. Other investors...

Interviews & Exclusives
Digital Payments In Africa Gain Steam

August 30, 2018
Business growth in Africa requires better payments infrastructure, and that effort received a significant boost this week when Stripe, Visa and other firms invested $8 million in Paystack. The Nigerian company enables developers to create payment tools via its APIs, and connects multiple payment processors by handling transactions for merchants and consumers. The investment will […]

Mastercard Announces Start Path 2017 Summer Class

June 26, 2017
Class is in session! For the summer. Today, (June 26), Mastercard announced news that it admitted six new startups into the Start Path program’s class of 2017. So far, Mastercard says that Start...

Quick Reads
‘Africa’s Stripe,’ Paystack, Snags $8M From Visa, Tencent, Stripe

August 29, 2018
Paystack, the Nigerian payments company, announced on Tuesday (Aug. 28) that it raised $8 million in a Series A round. According to a report in Quartz, citing the company, the round of funding comes less than two years after it landed $1.3 million in seed financing. The round was led by the payments company Stripe, with other […]

Even Financial Lands $18.8M In Venture Funding

August 07, 2018
Even Financial, a FinTech company focused on the consumer financial services ecosystem, announced on Tuesday (Aug. 7) that it raised $18.8 million in venture funding. In a press release, Even...

Revolut Plans To Apply For Banking License In The US

June 04, 2018
After applying for a banking license in Europe, Revolut plans to apply for one in United States in the near future. Chief Executive Officer Nikolay Storonsky said the startup could...

Lending FinTech GreenSky Files For IPO

April 03, 2018
Lending FinTech GreenSky has confidentially filed paperwork for an initial public offering (IPO). The Wall Street Journal reported that the Atlanta-based company, which enables retailers, health-care providers and home contractors...