UK car finance fintech Carmoola has raised an £8.5 million Series A funding round and a £95 million credit facility to revolutionize the way people pay for cars. The round was led by US fintech experts QED Investors, with participation from existing investors VentureFriends and InMotion Ventures, the investment arm of Jaguar Land Rover. It
Nexi, Europe’s Payment Technology, in partnership with Jakala, Italy’s leading Martech company, established CVM Martech Lab, the new customer value management center for the financial services sector, to provide giving banks and fintech better knowledge of data science and marketing. -how and technology to advance CVM, through solutions that leverage the key role of digital
GIMO, a FinTech startup from Vietnam, has closed its Series A funding round with an investment led by TNB Aura. Other investors in the round include Resolution Ventures, ThinkZone Ventures, Integra Partners, Y Combinator and Blauwpark Partners. Founded in 2019, GIMO claims to strive to improve the financial lives of Vietnamese people in financial difficulty,
Zopa Buy Now, Pay Later DivideBuy Apparel is the first acquisition in a $75 million campaign raised earlier this year. DivideBuy allows merchants to offer customers interest-free payment options at the checkout. Buyers can spread the cost of their purchases over a period of two to twelve months from over 400 merchants. According to Zopa,
Join Socure experts as they discuss the rising issue of online payment fraud and the new regulations for bank account validation. Learn about industry-leading verification solutions, including consumer-permission, data-driven, and micro-deposit options and Socure’s newest solution, Account Intelligence, for validating bank account ownership and open status.
Denmark’s Neobank Lunar has raised 35 million euros to invest and grow the business in order to further expand in Northern Europe and accelerate the path to profitability. A bank press release said the “vast majority” of existing shareholders contributed to the increase. Lunar’s most recent fundraising was 212 million DKK (about 28 million euros)
Canoe Intelligence (“Canoe”), the fintech company providing alternative investment intelligence to institutional investors, capital allocators, asset managers and asset services firms, today announced the close of a $25 million Series B funding round. The round was led by F-Prime Capital with participation from Eight Roads Ventures and other strategic investors. This funding will be used
Eni and Nexi announce that they have signed an agreement to develop innovative electronic and digital payment services for Eni and Eni’s companies in Italy and Europe. The partnership implies that Nexi will be Eni’s key partner in the development of existing payment services, as well as in the identification and implementation of new solutions
What is IoT? A digital network of Internet-connected “things” that continuously share data and generate actions. It will have and is already beginning to have, a disruptive impact on the world around us through smart home technology. These “things” are everyday household items such as kitchen appliances such as refrigerators and ovens, car dashboards, smart
STRIPE STORY HAS CREATED $2.5 BILLION Fundraising News 01.02.2023 12: 8 p.m. Stripe is in talks to raise $2.5 billion Stripe hits a massive $2.5 billion funding deal with existing investors that will value the payments giant between $55 billion and $60 billion, according to The Information. This increase would fall sharply from Stripe’s last
Worldline, a global leader in payment services, announces the expansion of its partnership with ING Bank N.V., the international Dutch bank. Worldline will handle the issuance and processing of debit and credit cards for ING in select countries, based on signed agreements over a period of years. As part of the expanded agreement, ING is
Truv has announced a partnership with Totem to enable automated direct deposit transfers through Truv’s authorized consumer data platform for all Totem customers. This partnership is one of many for Truv, where they are helping depository institutions take the direct deposit transfer process from days to seconds. In 2023, depository institutions will see a decrease
