IBEX Pay Suspends US Operations Amid Regulatory Uncertainty
IBEX Pay, a key facilitator of Bitcoin transactions via the Lightning Network, is suspending its US operations on May 31, 2024, due to increasing regulatory
May 18, 2024
UK Fintech Abound Secures up to £800M to Expand Access to Fair Credit
Abound, a London-based credit technology company, has secured a new round of debt and equity funding, which if fully utilized, could amount to £800 million
May 12, 2024
Numeric Raises $10 Million to Transform Accounting with AI
Numeric, an AI-powered accounting automation company, has secured $10 million in seed funding from investors, including Founders Fund, Menlo Ventures, and 8VC. The platform is
May 12, 2024
Corpay to Acquire Paymerang
Corpay, formerly Fleetcor, a corporate payments company and mainstay of the fuel card and fleet management space, announced it is acquiring Paymerang, an accounts payable
May 12, 2024
GoCardless: Fintech ‘Open-minded’ on Further Acquisitions as it Eyes Profitability in 2025
GoCardless, the London-based payments fintech, is considering further acquisitions in the open banking sector as it rebounds from a challenging 2023 and looks to achieve
May 12, 2024
Infighting Among Fintech Players has Caused TabaPay to ‘Pull out’ from buying Bankrupt Synapse
Real-time payments firm TabaPay has withdrawn from its plan to acquire troubled banking-as-a-service startup Synapse due to infighting among fintech players, specifically banking partner Evolve
May 12, 2024
British Neobank Monzo Boosts Funding Round to $610 million to Crack U.S. Market, Launch Pensions
Monzo, the British neobank, has secured an additional $190 million in funding, bringing its total raised for the year to $610 million. Investors, including Hedosophia
May 12, 2024