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Global Pay by Bank platform, Banked, has today announced the acquisition of UK-based consumer payments app VibePay, to accelerate global Pay by Bank adoption through innovative consumer and merchant incentives. VibePay connects people, brands, sellers and banks with real time messaging and instant payments. Like Cash App and Venmo in the US, the company has gained…
BKN301 Group, a global fintech leader in Banking-as-a-Service (BaaS), is proud to announce the successful closing of a €21.5 million capital increase as part of its Series B funding round. This significant milestone will fuel the company’s international expansion, both through organic growth and strategic acquisitions, while also strengthening the development of the BKN301 BaaS Orchestrator platform. “Closing a Series…
Sipay, the leading payment and embedded finance platform for businesses and consumers in Turkey, has announced a $78 million Series B funding round, achieving a valuation in excess of $875 million. The round was led by Elephant VC, with participation from Nik Storonsky’s VC firm QuantumLight. Ranked the Fastest Growing Fintech in Turkey by Deloitte…
Ryft, a PSD2 and FCA-approved decentralised payments innovator, announced today a successful £5.7 million Series A round to fund the development of technology that will empower acquiring banks, like Clearhaus, to compete with Stripe Connect, Adyen, and similar payment providers in the market. The round, which takes total investments in Ryft to £7.4 million, was…
FNZ, the leading global end-to-end technology platform serving wealth and asset management businesses, today announces it has secured US$500 million in new equity funding. The company has secured the equity funding from its long-term institutional investors who remain closely aligned with FNZ’s strategy and ambitions. The new capital will provide financial strength to support FNZ’s…
Juspay, a global leader in payment infrastructure for enterprises and banks, has secured $60 million as part of its Series D funding round in a combination of primary and secondary investments. This investment round was led by Kedaara Capital with participation from existing investors Softbank and Accel. Juspay has expanded across Asia-Pacific, Latin America, Europe, the UK,…
TBC Bank Uzbekistan (TBC UZ), the country’s largest digital bank, announces today it has secured $20 million in debt financing from a fund managed by Switzerland-based impact investor BlueOrchard Finance Ltd (BlueOrchard). The new agreement takes the total funding for TBC UZ through a BlueOrchard managed fund to $45million, further extending the impact investor managed…
Ayan Capital, a fast-growing provider of halal vehicle financing, has secured £25 million in Shariah-compliant financing from institutional debt provider Partners for Growth (PFG), a global private credit firm with a strong 20-year track record of backing high-growth technology and fintech companies in more than 20 countries. This investment reflects the rising demand for Islamic…
TransUnion (NYSE:TRU) today announced the completion of the acquisition of Monevo from Quint Group Limited. The news follows January’s announcement that TransUnion had signed a definitive agreement to acquire U.K.-based Monevo, a credit prequalification and distribution platform that empowers lenders and banks to deliver highly personalised credit offers to consumers via comparison websites and other third parties. TransUnion had previously…
Mendel, Latin America’s leading enterprise spend management platform, announced today the closing of a $35 million Series B round led by Base10 Partners with participation from PayPal Ventures, and support from existing investors Infinity Ventures, Industry Ventures, Hi.vc. Endeavor Catalyst is also investing. Mendel is gaining traction as one of the most comprehensive spend management…
Saudi-based fintech Nayla Finance has raised $4 million in seed funding, led by Sanabil Venture Studio by Stryber, to scale operations and expand its product offering across the Kingdom. Founded in 2024 by Shaqran Alyahya and Khalid Naili, Nayla provides microfinance solutions tailored for small businesses in sectors such as F&B, e-commerce, and retail. The capital will support the company’s business growth,…
Ualá, the Latin American neobank, expanded its Series E investment round by securing an additional $66 million to the original series, reaching a total raised of $366 million. The initial closing of the round, led by Allianz X , took place in November 2024. The second closing included the participation of TelevisaUnivision, the leading Spanish-language media company…
