PayU, a provider of online payment services and the fintech arm of Naspers, has acquired Wibmo, a California-based digital payment security and mobile payment technology firm, for $70m.
15 Apr 2019
13 Mar 2019
Online payments provider PayPal has agreed to invest $750m in Latin American e-commerce technology firm MercadoLibre.
25 Feb 2019
Nomura, Asia’s global investment bank, has today announced it is investing in a venture established by Brevan Howard, called AIM², which specializes in building Artificial Intelligence-powered solutions for the finance industry.
06 Feb 2019
The latest fintech investments for January 2019 including backing for companies including MarketInvoice, Nutmeg, Acorns, Loot, Mimiro, Groww and Petal
31 Jan 2019
Mimiro, a machine learning platform to detect financial crime, has secured $30m in financing led by Index Ventures along with existing investor Balderton Capital.
22 Jan 2019
Both Barclays and Santander are among the investors that pledged £26m into the UK-based alternative finance provider as MarketInvoice aims to take its platform to a wider customer base
14 Jan 2019
Iceland-based fintech firm Monerium has raised $2m in seed round from ConsenSys, Crowberry Capital, and Hof Holdings to issue e-money on blockchains.
05 Dec 2018
ING Ventures and Unicredit have both invested €1.3m in Italian fintech start-up Axyon AI to leverage artificial intelligence (AI) for the syndicated loans market.
27 Nov 2018
The UK competition watchdog Competition and Markets Authority (CMA) has raised its concerns over PayPal’s $2.2bn takeover of Swedish start-up iZettle.
16 Oct 2018
SIX, which owns and manages the Swiss stock exchange, has purchased a minority interest in digital inheritance start-up PassOn.