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Home » News
Neobank Varo Raises US$510 Million, Now Valued at US$2.5 Billion
USA

Neobank Varo Raises US$510 Million, Now Valued at US$2.5 Billion

Fintech News America13 September 2021

US-based Neobank Varo Bank announced that it closed a US$510 million oversubscribed Series E funding round, valuing it at US$2.5…

Mastercard Bets on Crypto, Buys CipherTrace for Undisclosed Sum
USA

Mastercard Bets on Crypto, Buys CipherTrace for Undisclosed Sum

Fintech News America10 September 2021

Mastercard has signed a deal to acquire CipherTrace, a US-based cryptocurrency intelligence company, for an undisclosed sum to extend its…

USA

How Jacksonville, FL, Prevails as an Emerging Fintech Powerhouse

Aundra Wallace, President of JAXUSA Partnership9 September 2021

Many cities on the West Coast of the United States burgeoned into innovation centers during the dot-com bubble. Tech hubs…

Mastercard is set to acquire Danish firm Aiia for an undisclosed sum and the transaction is anticipated to close by year’s end.
USA

Mastercard Inks Deal to Acquire Danish Open Banking Firm Aiia

Fintech News America8 September 2021

Mastercard is set to acquire Aiia, a Danish open banking technology provider, for an undisclosed sum and the transaction is…

Databricks Secures US$1.6 Billion in Series H Fundraise at US$38 Billion Valuation
USA

Databricks Secures US$1.6 Billion in Series H Fundraise at US$38 Billion Valuation

Fintech News America6 September 2021

Databricks, a US-based enterprise software company, announced that it has raised US$1.6 billion during a Series H funding round at…

MoneyLion’s SPAC Merger to Be Finalised, Soon to Be Listed on NYSE
USA

MoneyLion’s SPAC Merger to Be Finalised, Soon to Be Listed on NYSE

Fintech News America6 September 2021

US-based neobank MoneyLion’s merger with a special purpose acquisition company (SPAC) Fusion Acquisition Corp. to become a publicly listed company…

Ingka Investments Snaps up a Minority Stake in BNPL Firm Jifiti for US$22.5 Million
USA

Ingka Investments Snaps up Minority Stake in USA’s BNPL Firm Jifiti for US$22.5 Million

Fintech News America3 September 2021

Ingka Investments, the investment arm of Ingka Group which owns and operates IKEA stores, has invested US$22.5 million in US-based…

Amazon Taps Affirm to Offer BNPL Payment Option at Checkout
USA

Amazon Taps Affirm to Offer BNPL Payment Option at Checkout

Fintech News America30 August 2021

Affirm, a US-based Buy Now, Pay Later (BNPL) firm, announced that its flexible payment solution will soon be available to…

Privatam Appoints Veteran Banker as Sales Director for LATAM Expansion Plans
Latin America

Privatam Appoints Veteran Banker as Sales Director for LATAM Expansion Plans

Fintech News America27 August 2021

Monaco-based wealthtech firm Privatam has appointed Jose Carlos Reis as its Sales Director for the Latin American market to consolidate…

Hong Kong Unicorn Airwallex Expands Its Footprint to the US
USA

Hong Kong Unicorn Airwallex Expands Its Footprint to the US

Fintech News America26 August 2021

Airwallex, a cross border payment company, announced its official launch in the US as it continues its international growth momentum.…

Corporate Card Startup Ramp Bags US$300 Million, Acquires Buyer
USA

Corporate Card Startup Ramp Bags US$300 Million, Acquires Buyer

Fintech News America25 August 2021

Corporate credit card startup Ramp announced that it has raised US$300 million in a Series C funding round which now…

DriveWealth Secures US$450 Million Series D, Now Valued at US$2.85 Billion
USA

DriveWealth Secures US$450 Million Series D, Now Valued at US$2.85 Billion

Fintech News America23 August 2021

DriveWealth, US-based specialist of embedded finance, fractional investing in US equities, and API-driven brokerage infrastructure, announced a US$450 million Series…

Travel Tech Firm Hopper Secures US$175 Series G Funding
Canada

Canadian Travel Tech Firm Hopper Secures US$175 Series G Funding

Fintech News America20 August 2021

Canadian travel tech company Hopper announced that it has completed a US$175 million Series G financing round led by New…

Momentum Continues in Colombia’s Fintech Ecosystem
Colombia

Momentum Continues in Colombia’s Fintech Ecosystem

Fintech News America20 August 2021

Colombia’s fintech sector is growing at a fast pace with now more than 320 companies operating in various segments ranging…

Paysafe Signs US$441 Million Deal To Acquire LATAM Rival SafetyPay
Peru

Paysafe Signs US$441 Million Deal To Acquire LATAM Rival SafetyPay

Fintech News America19 August 2021

London-based payments platform Paysafe signed a deal to acquire Latin American digital payments firm SafetyPay for US$ 441 million in…

Neobank Chime Bags US$750 Million, Fintech Expert Questions US$25 Billion Valuation
USA

Neobank Chime Bags US$750 Million, Fintech Expert Questions US$25 Billion Valuation

Fintech News America16 August 2021

San Francisco-based challenger bank Chime Financial announced that it has secured a funding of US$750 million, pushing its valuation to…

Neobank Upgrade Closes US$105 Million Series E Round, Valued at US$3.325 Billion
USA

Neobank Upgrade Closes US$105 Million Series E Round, Valued at US$3.325 Billion

Fintech News America13 August 2021

Upgrade, a US-based fintech company that offers affordable and responsible credit to mainstream consumers, announced that it closed a US$105…

EPAM Acquires Columbian Software Firm S4N as Part of Its Latin America Expansion Plans
Colombia

EPAM Acquires Colombian Software Firm S4N for Its Latin America Expansion

Fintech News America12 August 2021

EPAM Systems, a US-based provider of digital platform engineering and development services, has acquired S4N, a Columbian software development services…

BBVA Mexico Joins Ant Group’s Blockchain-Based Trading Platform Trusple
Mexico

BBVA Mexico Joins Ant Group’s Blockchain-Based Trading Platform Trusple

Fintech News America11 August 2021

BBVA has signed an agreement to integrate its cross-border payment and financing services on Trusple, a blockchain-based trading platform powered…

Nubank Leads US$44 Million Investment Round in Indian Neobank Jupiter
Brazil

Nubank Leads US$44 Million Investment Round in Indian Neobank Jupiter

Fintech News America6 August 2021

Brazilian challenger bank Nubank announced that it led a US$44 million investment round in Jupiter, an Indian digital bank which…

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