PPRO extends latest round to $270M, adding JPMorgan and Eldridge to grow its localized payments platform
In January, localized payments provider PPRO became the latest fintech-as-a-service startup to hit a billion-dollar valuation when it closed $180 million in funding. As a mark of how payments and…
Read More »Plaid accelerator announces inaugural cohort of fintech startups
Plaid, the fintech giant, has announced the inaugural cohort of startups in its new accelerator program, FinRise. The equity-free and capital-free program has chosen five early-stage fintech startups out of…
Read More »Cross-border fintech Airwallex raises $100M Series D extension at new valuation of $2.6B
Airwallex, the fintech company for cross-border businesses, announced today it has added $100 million more to its Series D round, bumping its valuation up to $2.6 billion. The extension was…
Read More »Jeff raises $1M to build alternative credit scoring and other fintech products for Southeast Asia
According to the World Bank, more than one billion people in South and East Asia lack access to a bank account. For many, this makes it is difficult to secure…
Read More »Revolut applies for bank charter in the US
London-based fintech startup Revolut has announced that it is applying for a bank charter in the U.S. The company has submitted a draft application with the FDIC and the California…
Read More »Indonesian savings and investment app Pluang gets $20M in pre-Series B funding
Indonesia-based fintech Pluang announced today it has raised $20 million in a pre-Series B round led by Openspace Ventures, with participation from Go Ventures and other returning investors. The company…
Read More »Sivo, a young “Stripe for debt” led by a veteran operator, seems to have investors clamoring
Kate Hiscox is having a moment. Her company, Sivo, founded eight months ago, has already raised $5 million from investors at a post-money valuation of $100 million, and she says…
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Financial API provider Brick is building the infrastructure for open banking in Southeast Asia
The adoption of financial apps is surging in Southeast Asian markets like Indonesia, the region’s most populous country. Founded by fintech veterans last year, Brick develops APIs that make it…
Read More »Wise accuses former Brazil banking partner of smear campaign after ‘unfounded’ accusations of fraud
Wise, the London-headquartered company that made its name offering international money transfers and is reportedly planning an IPO, has accused its former banking partner in Brazil of a “smear campaign”…
Read More »Trading platform eToro to go public via SPAC merger in $10B deal
Multi-asset investing and trading platform and Robinhood competitor eToro announced Tuesday it will go public via a merger with SPAC FinTech Acquisition Corp. V in a massive $10.4 billion deal….
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