Rapyd, a payments and financial API provider which enables fintech service integration, announced raising a $300 million Series E led by Target Global, according to a press release.
Aug 03, 2021
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Kuda, a London-based mobile-first banking service which operates in Nigeria, announced raising a $55 million Series B co-led by existing investors Valar Ventures and Target Global, according to TechCrunch. The company says it will use the funding to expand its operations in Nigeria and prepare for launch in other African countries. In addition to Valar […]
Aug 02, 2021
Payments giant Square announced plans to buy Australian buy now, pay later platform Afterpay for $29 billion (A$39 billion), according to a press release.
Aug 02, 2021
Mercury, a company which offers software and banking services for scaling startups, announced raising a $120 million Series B led by Coatue, according to a company blog post.
Jul 30, 2021
PayPal CEO Dan Schulman revealed during the company’s second-quarter earnings call this week that plans to launch its new consumer digital wallet app have nearly come to fruition. Over the next several quarters, the payments giant plans to unveil new financial services alongside an acceptance of crypto and ramped up shopping tools.
Jul 29, 2021
Prime Trust, a company providing fintech and digital asset innovators financial infrastructure APIs, announced raising a $64 million Series A led by Mercato Partners, according to a press release.
Jul 29, 2021
Here’s a fun fact: one of the most popular articles on Finledger is our story on banks going branchless, and yet, we just wrote a story on Citizens Financial Group acquiring Investors Bancorp.
Jul 28, 2021
Citizens Financial Group announced an agreement to acquire the holding company for Investors Bank, Investors Bancorp, in a cash and stock deal worth nearly $3.5 billion.
Jul 28, 2021
Spriggy, an Australia-based family financing company offering digital accounts, personalized prepaid cards and financial education tools, announced raising a $35 million funding round led by NAB Ventures, according to a blog post by the company.
Jul 28, 2021
While the US largely sets the pace for the overarching financial service industry, there is an increasing number of sectors and technologies recently championed by foreign markets and entities. One financial service concept which has quickly spread roots on a global scale, and looks close to blossoming in Latin America, is Buy-Now, Pay-Later (BNPL).
Jul 28, 2021