Tag: Fintech

Here you will find all the articles with the tag: Fintech.

Payment terminal provider SumUp raises $624 million

Payment terminal provider SumUp raises $624 million

SumUp is closing in on a significant investment round of €590 million ($624 million), which allows it to enter into a wider variety of financial services. A decade ago, London's SumUp became one of the many payment service providers that gained notoriety by selling dongles that convert inexpe... Read more

date4 months ago
Fintech specialist Pleo expands into the Netherlands

Fintech specialist Pleo expands into the Netherlands

Pleo, a Danish fintech specialist and service, expanded its activities to the Netherlands. The service helps companies manage all employees' business expenses without administrative hassles. Pleo focuses on SMEs. Research shows that companies in this segment often struggle with operating costs.... Read more

date4 months ago
Swedish fintech, Juni raises $206M in equity and debt funding

Swedish fintech, Juni raises $206M in equity and debt funding

Juni, a Swedish fintech business, has secured $100 million in a capital round headed by Mubadala, an Abu Dhabi-based state investor, and another $106 million in venture loan financing from Silicon Valley's TriplePoint Capital. EQT Ventures, Felix Capital, Cherry Ventures, and Partners of DST Glo... Read more

date4 months ago
Yapily to acquire finAPI

Yapily to acquire finAPI

The London-based financial tech firm agreed to acquire its German rival. This week, fintech startup Yapily announced that it plans to acquire finAPI. Yapily claims the deal will double its user base and give it a clear leadership position in two of Europe’s largest markets: the UK and Germany.... Read more

date5 months ago
Fenergo acquires fintech specialist Sentinels

Fenergo acquires fintech specialist Sentinels

Fenergo, an Irish cloud-based financial software specialist, recently acquired Sentinels. Sentinels operates in the Netherlands and specializes in fintech transactions. The acquisition allows Sentinels to grow and meet customer expectations. Sentinels' platform detects and stops criminal transa... Read more

date6 months ago
Salt Security discovers major API vulnerability in fintech platform

Salt Security discovers major API vulnerability in fintech platform

Salt Security discovered a major API vulnerability in a widely used US fintech platform. The identity of the platform is not disclosed. Security researchers gained unauthorised access to potentially steal financial and transactional data. The vulnerability is categorized as Server-Side Request ... Read more

date6 months ago
EU tech unicorns grew at a much faster rate

EU tech unicorns grew at a much faster rate

According to a recent analysis from i5invest, an Austrian IT M&A international consulting and investment organization, European tech companies are pulling ahead in terms of new tech unicorns created. In 2021, 85 new digital businesses with a capitalization of $1 billion or more were founded ... Read more

date7 months ago
Fintech firms in the UK increased their funding sevenfold in 2021

Fintech firms in the UK increased their funding sevenfold in 2021

KPMG reveals that financial tech firms in the UK received seven times more investment in 2021 than in 2020. That jump saw the total reach $37.3 billion, representing a bigger fintech investment than Europe, the Middle East, and Africa combined. The rise was pushed up by 601 deals finalized in th... Read more

date8 months ago
1 2