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Channel: FinTech – Finance Magnates | Financial and business news
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Payments Firm FamPay Raises $38 Million

The Series A funding round was led by Elevation Capital.

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Splash Financial Raises $44 Million in the Latest Investment Round

Citi Ventures participated in the new Series B funding round.

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Revolut Losses Deepen in 2020 despite 57% Revenue Jump

The $5.5 billion startup is planning for further fundraising.

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Exclusive: Financial Technology Provider EXINITI Announces Its Official Launch

The UAE-based technology company is offering comprehensive services to global FX and CFD brokers.

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Visa to Acquire Swedish Open Banking Platform Tink for $2.15 Billion

The US-based firm has signed a definitive agreement to acquire the European fintech platform.

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Mastercard and Goldman Sachs Invest in Fintech Company Deserve

The financial technology platform raised $50 million in a Series D funding round.

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How Fintech Will Change Financial Services in 2021 and Beyond

The powerbase tussle between crypto, cash and central banks will be the defining fintech battle.

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Indian Fintech Platform Slice Secures $20 Million in Funding

Gunosy and Blume Ventures participated in the latest funding round.

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Payoneer Goes Public after Closing Merger with FTAC Olympus

The business combination was approved by FTAC's shareholders at a meeting on June 23.

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JPMorgan Is Acquiring Value-Based Investment Startup OpenInvest

The startup is backed by Andreessen Horowitz and Y Combinator.

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PayPal Launches a Digital Point-of-Sale Solution for US Small Businesses

PayPal already integrated Zettle with partners such as BigCommerce, Lightspeed, QuickBooks Online and SalesVu.

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PayPal Ventures Joins $40 Million Funding Round of Codat

The recent Series B investment round was led by Tiger Global.

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Fintech Firm Rapyd to Acquire Payments Company Valitor for $100 Million

Rapyd is planning to accelerate its European expansion through the latest deal.

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Playtech Gets $250 Million Finalto Acquisition Offer from Gopher

A consortium earlier agreed to acquire Finalto for $210 million.

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SoftBank Reportedly in Talks with Revolut for Investment

Revolut is planning to raise fresh capital at a valuation of approximately $30 billion.

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Danish Fintech Firm Pleo Raises $150 Million

The company has received a valuation of $1.7 billion.

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Gopher Responds to Playtech Statement, More Details on Who Advises the Firm

The investment company reaffirmed its stance of urging shareholders to vote against the consortium's offer.

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London-Based Fintech Companies Attract Record VC Investment in H1 2021

Venture Capital firms invested nearly $5.3 billion into London-based financial technology startups.

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Finalto Bid Heats Up as Questions Remain on Unknown Gopher

Not much information about Gopher is available in the public domain, and little has been disclosed.

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Hong Kong’s SFC and Canada’s CSA Sign Fintech Cooperation Agreement

Eight members of the Canadian Securities Administrators are part of the fintech cooperation framework.

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