UK fintech Volt raises US$23.5 million in Series A funding round
A UK-based payments fintech company, Volt has raised US$23.5 million (£17 million) in a Series A funding round. Volt’s official press release says that the capital raised will be used for expansion into new territories and building its international instant payments footprint. The Series A...
Why Financial Reporting Matters: A Guide to the 5 Best Tools
Introduction Without a doubt, financial reporting and analysis are the bedrocks of any modern business. It offers a higher level of insight to the business owner that helps their business stay compliant while also streamlining their expenditure and income-centric initiatives. Whatever are a company’s financial...
US Fintech Stripe acquires Y Combinator startup Bouncer
Global financial technology firm Stripe announced that it has bought a card authentication tech company Bouncer. Stripe acquired Bouncer, for an undisclosed amount, to minimize online transaction fraud. The Technology and team of Y Combinator alum Bouncer will join fintech in order to enhance the...
Commonwealth Bank & BigCommerce partner on e-commerce transformation
Australian multinational bank with business across New Zealand, Commonwealth Bank of Australia (CBA) partners with international ecommerce platform BigCommerce. Through this partnership, the bank says it will make it convenient for small, medium and large businesses to launch and flourish their online stores. Commonwealth Bank...
Big plans of UK-based fintech Revolut revealed here
2021 seems to be a year full of plans for the UK-based financial technology company Revolut. The fintech is building its foundation for expanding its service into India. It has hired an ex-Airtel exec as its CEO and also sparked a recruitment drive for hiring...
Sezzle Plans IPO in the US to Capitalize on BNPL Boom
US-based fintech Sezzle Inc announced that it will be soon filing for an Initial Public Offering in the United States. It will file for listing to tap investors in the BNPL sector’s biggest market. A listing in the United States will help Sezzle further open...
Airwallex said ‘No, thank you’ to a takeover bid by Stripe
Introduction Airwallex, an Australian payment startup said no to a billion-dollar acquisition offer from Stripe (a global payments giant) in the year 2018. It knocked back the offer from the Silicon Valley payment giant a few months before it achieved its status as a tech...
Cardano DEX will try to disrupt DeFi: Here’s How
Introduction With the Exhausting Fork Combinator (HFC) ‘Alonzo’ approaching, more decentralized finance (DeFi) intermediaries are emerging for Cardano. A few days ago, Tim Harrison (Director of Communications and Marketing at Input-Output Global) said that there’s a huge interest displayed by developers towards the platform as...
Australian Fintech’s IPO Journey: Appointing New Directors for a New Chapter
Leading peer-to-peer lending fintech Society One announced the appointment of two independent Non-Executive Directors, as the company gears up for ASX listing in 2021. With Society One’s foray into the stock market rumored to come this year, the new appointees will be an asset to...
Australian fintech Zip Co might offer cryptocurrency trading
One of Australia’s biggest fintech and buy now pay later firms Zip Co is reportedly planning to offer stock and crypto trading service. As reported by Wall Street Journal, co-founder of Zip Co, Peter Gray said that his fintech company is looking to offer trading...
