Category: Fintech
London’s Translucent bags £5M in seed funding for its innovative multi-entity financial platform
Translucent offers financial management solutions for multi-entity enterprises with streamlined solutions and innovative apps. | Image credit: Translucent London-based Translucent, a financial management platform for multi-entity and multinational enterprises, announced that it […]
Adyen’s shares sink 31% after weak H1 2023 report; sparks worries over sector’s high valuations
Image credits: Adyen Amsterdam-based Adyen, a fintech unicorn, encountered a setback as its shares experienced a sharp decline after publishing its H1 2023 report that fell short of analysts’ projections and the […]
London’s UK FinTech Growth Partners announces new fund to support growth-stage fintech startups in UK
FinTech Growth Fund aims to provide post-seed financing to help startups scale up. | Image credit: FinTech Growth Fund London-based UK FinTech Growth Partners announced on Tuesday, August 15, that it will […]
UK’s SumUp bags €91M in credit facility from Victory Park Capital for its merchant cash advance product
Image credits: SumUp London-based SumUp, a fintech company, announced on Wednesday that it has entered into a $100M (approximately €91M) credit facility with Victory Park Capital, an alternative investment firm that specialises […]
PayPal unveils PYUSD Stablecoin, faces surge in counterfeit tokens: Know more
Image credits: PayPal USD California-based PayPal, a financial technology company, announced on Monday, August 7, that it has introduced a regulated stablecoin that has the potential to revolutionise payments within web3 and […]
London-based fintech Orbital secures €5.8M in first institutional fundraise
Image credit: Orbital London-based fintech company Orbital announced that it has raised £5M (~€5.8m) in an oversubscribed growth round led by Golden Record Ventures. New Form Capital, GSRV, Psalion and Luminous Futures […]
Stock exchange for music: MasterExchange raises €2.46M for its new music investment platform
Innovative music investment platform secures $2.7M to change the industry. | Image credit: MasterExchange Stockholm-based music investment marketplace MasterExchange has raised a $2.7M (€2.46M) initial funding round, the firm announced today. Global […]
PayU sells its Global Payments Organisation platform to Rapyd for €556M in cash deal
Image credits: Rapyd PayU, the fintech and e-payments business of Prosus, announced on Tuesday that it will sell its online payment platform, Global Payments Organisation (GPO), to Rapyd, a fintech service provider. […]
Bank of Spain authorises eToro as a virtual currency exchange service provider
eToro gains Bank of Spain approval as Virtual Asset Service Provider. | Image credit: Unsplash/Piggy Bank Multi-asset investing platform eToro (Europe) Digital Assets Ltd. announced on Friday, July 28, that it has […]
Amsterdam’s Mollie partners with Klaviyo to provide personalised marketing automation
Mollie team | Image credit: Mollie Amsterdam-based fintech company Mollie announced on Thursday that it has a new integration and joint marketing effort with US-based Klaviyo, a marketing automation and customer data […]
Germany expert commission releases report recommending legalization of early-stage abortion and amended laws for later-term pregnancies – JURIST
The Commission on Reproductive Self-Determination and Reproductive Medicine in Germany on Monday submitted a final report recommending the legalization of abortion within the first 12 weeks of pregnancy in the country.The German […]
Australia judge rules in defamation trial that former government adviser raped a colleague in parliament – JURIST
Australia Federal Court Justice Michael Lee found that former government adviser Bruce Lehrmann raped a colleague in a Parliament House office on Monday. The judge dismissed a defamation lawsuit Lehrmann brought against […]
Poland classifies attack on humanitarian aid workers as murder, demands Israeli cooperation in investigation – JURIST
The Polish government on Friday labeled the death of Polish aid worker Damian Soból as murder, following the deaths of seven humanitarian aid workers from the World Central Kitchen (WCK) serving in […]
Amnesty International urges immediate investigation into war crimes in Merawi, Ethiopia – JURIST
Amnesty International asserted Friday that African and global human rights bodies must urgently investigate alleged war crimes committed by the Ethiopian National Defense Forces (ENDF) in the town of Merawi, Amhara region, […]
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