Visa announced that it has completed the acquisition of YellowPepper, a fintech pioneer with proprietary technology and partnerships supporting leading financial institutions and startups in Latin America and the Caribbean.
Nigeria-based challenger bank Kuda has raised $10 million in funding to expand in the whole Africa continent.
The new investment will enable Railsbank to continue to be the global leader in Banking as a Service through the launch of Credit Cards as a Service in the USA, continued expansion in SE Asia and strengthening its business in the UK and Europe.
AideXa has raised over €45 million in the largest-ever “seed” round carried out by an Italian fintech and the largest “seed round” in Europe in 2020.
Vivid Money, a Berlin-based financial platform, announced a 15 million € financing for expansion and product development, reaching a valuation of 100 million €.
Jiko, a Berkeley-based fintech company, has raised $40 million in VC funding. Series A round led by Upfront Ventures and investment firm Wafra.
Lunar, the Nordic bank which has more than 200k customers in Denmark, Sweden, and Norway raises €40 million Series C investment to jump BNPL space.
Klar, a challenger bank in Mexico, closed on $15 million in Series A funding led by Prosus Ventures with participation from also former investor Quona Capital.
insha has announced a seed financing round of €2.5 million with a €25 million valuation just in 25 months.
Mastercard will make a financial investment in Marqeta as the two companies look to deepen their global partnership and collaboration.
The Swiss company that provides digital banking solutions and wealth management technologies, Avaloq, had acquired by NEC for $2.2 billion.
Russian tech giant and search engine Yandex has tentatively agreed to buy 100% of Tinkoff Bank for $5.5 billion.
illimity and Fabrick (a company part of the Sella Group to develop open banking and the fintech ecosystem in Italy and 100% shareholder of HYPE) agreed to join forces for the fintech HYPE.
Chime raised $485 million on Series F and now worth $14.5 billion. Now the most valuable U.S. fintech company.
Qatar-based fintech startup cwallet, has successfully secured more than $500,000 in its first year.
Mobilexpress announced today that it has raised $2 million in a Series A financing round led by Collective Spark.