Currencycloud Secures Investment from Visa and BNP
FACTS The British start-up Currencycloud announces an $80 million funding Series.
Payment news
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Open Banking: Tink Raises €90M
FACTS The Swedish Open Banking FinTech Tink raises €90 million.
Qonto Closes a Major Financing Round, Aims for Banking Status
FACTS The neo-bank for SMEs Qonto announces a major financing round on the French FinTech market.
FinTec: Qard Boosting E-Merchants’ Cash Flow
FACTS The French start-up Qard, which features lending offers for small and medium-size merchants, would be getting a €600,000 funding seri...
Ripple Raises $200M
FACTS Ripple, the San Francisco-based Blockchain specialist, just raised $200 million, lifting their valuation to $10 billion.
Cryptocurrencies: a First AMF-Approved ICO
FACTS The Autorité des marchés financiers (AMF – French financial markets regulator) just granted their first approval for a fundraising tr...
REX: Chime’s Valuation on the Rise
FACTS The mobile bank Chime breaks new ground in customer acquisition and sees their valuation increase sharply.
InsurTech: Cuvva Announces a New Funding Series and Car Insurance Offer
FACTS The British InsurTech featuring per-hour car insurance offers just raised £15 million from RTP Global, Breega, Digital Horizon and so...
BtoB Payments: Libeo Raises €2 Million
FACTS The Paris-based start-up Libeo, specialising in suppliers’ invoice management and payment, raised €2 million.
ADN’co Payments Insight – October 2019
Players’ Strategy – More Launches and Investments for PayPal UNITED STATES – PayPal and Synchrony are jointly building a credit card for Ve...
REX: Starling Bank Breaks New Grounds
FACTS The British challenger bank Starling Bank closed another major funding series.
Spain-Based Pagantis Aims for France
FACTS recently announced a funding series and aims beyond Spain as they now seek to enter the French market.
Banking-as-a-Service: Galileo Closes a Substantial Funding Round
FACTS The American group Galileo Financial Technologies announces a $77 million funding series.
REX: Promising Results for NuBank
FACTS The Brazilian FinTech NuBank claims 15 million customers. This leading Latin American start-up confirms their status: they are the wo...
Transaction Connect Converts Payment Cards into Loyalty Cards
FACTS Transaction Connect intends to convert payment cards into loyalty cards and managed to raise €1.5 million.
Money Transfer: Monisnap Announces a Funding Round
FACTS The Paris-based start-up Monisnap focusing on money transfer services to emerging countries announces a €2.5 million funding series. ...
Bizao Enters the m-Payment Market in Africa
FACTS After incubating two years at Orange, Bizao –which specialises in enabling the digital ecosystem to rely on mobile carriers’ means of...
Series A Funding for the Spanish FinTech Bnext
FACTS The Spanish FinTech Bnext, behind a set of PFM and financial services, announces a funding Series highlighting the interest paid in t...
Payments News in Brief – September 2019
Players’ Strategy UNITED KINGDOM – Curve opened their capital to large audiences for a short while via the crowdfunding platform CrowdCube....
REX: TransferWise Hits Success
FACTS The British Unicorn TransferWise reports their money transfer business has been profitable for the third year in a row.
