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Data platform SAS acquires financial risk management firm Kamakura

Data analytics provider SAS has acquired financial risk management firm Kamakura Corporation for an undisclosed sum. SAS snaps up Kamakura as FIs anticipate tough economic...

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US-based Payoneer appoints John Caplan as co-CEO

New York-based commerce paytech Payoneer has appointed John Caplan as co-CEO and director alongside current CEO Scott Galit, who will step down from the...

German B2B BNPL firm Mondu lands $43m in Series A round

Berlin-based B2B buy now, pay later (BNPL) start-up Mondu has secured $43 million in a Series A funding round led by Valar Ventures. Mondu bags...

Mastercard partners HyperPay to boost digital payments across MENA

Mastercard has announced a strategic partnership with Saudi Arabia’s HyperPay, an e-commerce payment services provider, to boost the adoption of digital payment solutions in...

BNPL giant Klarna to cut 10% of workforce amid “tumultuous year”

Buy now, pay later (BNPL) giant Klarna is to let go of approximately 10% of its global workforce due to ongoing challenging global economic...

eBay Joins the NFT Space, Offering Traders a Seamless Experience

E-commerce giant eBay has entered the non-fungible token (NFT) sector through a strategic partnership with Web3 company OneOf. eBay’s exclusive NFTs will include animated and...

Jack Ma’s Alibaba and Ant Financial leave Paytm Mall

Early investors of Paytm Mall, Alibaba and Ant Financial, have sold their stake in the firm back to Paytm E-commerce for $5.6 million (INR...
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Singapore’s MatchMove acquires Shopmatic for $200m

Singaporean fintech MatchMove has acquired e-commerce start-up Shopmatic for $200 million to create an end-to-end digitalisation offering for businesses. MatchMove acquires Shopmatic MatchMove provides embedded finance...

Payments infrastructure firm Xendit lands $300m Series D round

Indonesia-based payments infrastructure company Xendit has raised $300 million in a Series D funding round. Xendit lands $300m Series D The round, co-led by Coatue and...

New York’s Solidus Labs bags $45m in Series B round

New York-based crypto-native market integrity and risk monitoring service Solidus Labs has secured $45 million in a Series B round led by Liberty City...

FinTech Futures: Top five stories of the week – 13 May 2022

Here’s our pick of five of the top news stories from the world of finance and tech this week. Checkout.com snaps up French ID verification...

Checkout.com snaps up French ID verification firm ubble

London-based payments solutions provider Checkout.com is set to acquire French ID verification start-up ubble for an undisclosed sum. Checkout.com to acquire ubble Checkout.com says the deal,...

What the FinTech? | S.3 Episode 7 | The future of digital payments

In this episode of the What the Fintech? podcast, we’re joined by Claire Gates, chief commercial officer at PPRO. In our News in Numbers section, Claire discusses the...
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