BNPL darling Afterpay launches banking-as-a-service product
Buy now, pay later giant Afterpay has announced the launch of its new banking-as-a-service product through which users can monitor their savings and transactions and manage their cash flow. Fintech Afterpay will launch its new product via the bank-as-a-service platform of financial services provider Westpac...
Payright gets speeding ticket from the ASX after 32% share price surge
Australian fintech Payright (ASX:PYR) is the most recent payments company listed on the Australian Securities Exchange to receive a speeding ticket from the exchange. The fintech received the ticket on 16th February 2021 after its share prices soared by a whopping 32%. On the morning...
Manchester-based cloud integration platform Matillion raises £72.24M
Manchester-based Matillion, which offers a cutting edge platform for cloud data integration, has raised £72.24 million in funding. The latest Series D funding round of £72.24 million was led by US-headquartered Lightspeed Venture Partners. Other investors include Sapphire Ventures, Battery Ventures, Silicon Valley Bank Capital...
Nine to join Google News Showcase in Australia for $30M a year
Nine Entertainment, one of the largest media companies in Australia, has signed a deal with tech giant Google for using its content in Google News Showcase. Reportedly, the biggest locally-owned media company Nine will be paid AU$30 million annually in compensation for featuring its news...
Delivery app goPuff to acquire UK-based Fancy Delivery
US-based delivery company, goPuff that has its own micro-fulfillment network might be about to buy a United States-based delivery firm Fancy Delivery. The terms of this potential acquisition are still being worked out. Though the deal isn’t final yet, if confirmed, the agreement might arrive...
UK-based fintech & SaaS company ARKK raises £7 million
A London-based fintech and Software-as-a-Service (SaaS) firm ARKK has secured funding of £7 million from its existing investors. ARKK helps in the automation of the finance function of an organization by replacing traditional and outdated tools with improved smart technology. The freshly secured funds will...
UK Edtech startup Uptime raises £11.5 million
A London-based educational technology (edtech) app Uptime just secured £11.5 million (approximately $16 million) in a seed funding round from investors including Willian Currie, Lord Alliance and Terry Leahy. The funds raised will be used for product development and aid the expansion of the app...
Fintech unicorn Monzo appoints first-ever female US CEO
United Kingdom-based challenger bank Monzo has recruited Carol Nelson as its first-ever female US Chief Executive Officer to lead the fintech unicorn’s expansion in the states. In May 2020, the Co-founder of Monzo, Tom Blomfield stepped down as CEO and moved to the President slot...
Sydney-based A1 Technologies nabs Brennan IT Head of Solutions
Australian managed services provider (MSP) A1 Technologies announces that it has appointed former Head of Solutions and National Pre-sales manager of Brennan IT, Clinton Shiels as its new Chief Technology Officer (CTO). Shiels has experience of more than a decade with Brennan IT and has...
Weekly Round Up: Reddit raises $250M, Tesla invests $1.5B in Bitcoin & much more
In case you missed what new and noteworthy has happened around in the tech world in this week, we have covered everything you need to know in this blog. Amongst other news, this eventful week saw some major acquisitions, huge tech funding rounds and investments...
