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Real-time payments firm TabaPay has withdrawn from its plan to acquire troubled banking-as-a-service startup Synapse due to infighting among fintech players, specifically banking partner Evolve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
Greenboard Announces $4.5M Seed Round from Base10 Partners to be “Rippling for financial compliance and operations”
Greenboard, a compliance and operations software company for financial services, has secured a $4.5 million seed round led by Base 10 Partners. Founded in 2023
May 12, 2024
FIS Launches Innovative New Fintech Platform – Atelio™ by FIS
FIS, a global leader in payments processing and banking software, has launched Atelio, an innovative fintech platform offering the “building blocks” for embedding financial services
May 12, 2024
Shopify has Acqui-hired AI-driven Analytics Startup Peel Insights
Shopify has acquired the team from Peel Insights, an e-commerce analytics startup, and is transitioning its CEO Nicolas Grasset to Director of Product. Peel’s tools
May 12, 2024