Fundbox’s $176 Million Series C Funding to Develop Visa B2B Payments
Nowadays, credit cards have become universal for customer transactions, and it is not difficult to see why. By intermediating payments, networks like Visa enable buyers and sellers to trade money for goods and services without understanding the financial risk profile of the counter-party. Instead of...
TrueLayer: Open Banking API Provider’s Financing Partnership with Visa
TrueLayer is a London based startup that has created a developer API program for fintechs and various nearby firms to use open banking. It has recently agreed on a strategic and economic association with Visa. The Partnership With Visa The partnership views Visa to take...
Wayv introduces Payments, the first all-digital payment resolution for the cannabis market
Wayv is taking a huge step towards mainstreaming the cannabis enterprise. Wayv Creates A New Market Wayv Payments, as of 11th December 2019, is supposed to be the first digital, submissive payment solution for the cannabis supply chain. From producers to distributors to consumers, this...
Flow raises $37M to simplify international e-commerce
Flow is a startup that assists brands and retailers in doing cross-border e-commerce business. It has allocated $37 million in Series B funding. What Does Flow Do? CEO Rob Keve stated that thanks to the charm of social media and digital marketing, several direct-to-consumer brands...
Storm Ventures recently sealed its sixth fund with $130 million
Storm Ventures, a presently 19-year-old, Sand Hill Road venture firm in Menlo Park, Ca., has settled on $130.4 million for its sixth funding, reveals a new SEC filing. The outfit started its fundraising last year, according to a previous filing. It had concluded its former...
India’s financial services firm Paytm raises $1B
Paytm announced on Monday it has raised $1 billion in a new financing round. As the Noida-headquartered firm, which previously ruled the local mobile payments market, strives to fight back giants like Google, Walmart’s PhonePe, and Facebook. More About The Latest Funding The company stated...
Pixpay is a challenger bank for teens centered on pocket money
Introduction Meet Pixpay, a French startup that aspires to replace cash when you are giving out pocket money to your children. Anybody that is more than ten years old can create a Pixpay account, receive a debit card, and handle pocket money. The Introduction to...
Rhino’s Innovative Approach to Replacing Renters’ Security Deposits
Rhino is the insurtech startup produced by Kairos and co-founded by Kairos CEO Ankur Jain. It has announced the settlement of a $21 million Series A round, which was headed by Kairos and Lakestar. Rhino was established in 2017 to put the billions of dollars...
Fabric’s latest app assists parents with the tough stuff, including wills, life insurance & shared finances
The latest app, called Fabric, strives to make it easier for parents to plan for their family’s long-term economic well-being. The Purpose of Fabric The aim is to give parents a one-stop-shop that includes the ability to obtain a term life insurance from their phone,...
Alpaca grabs $6M for stocks API so that anyone can create a Robinhood
Stock trading app Robinhood is estimated at $7.6 billion, but it just works in the U.S. The Introduction of Alpaca Freshly funded fintech startup Alpaca does the dirty work, so developers worldwide can start their competitors to that investing unicorn. Like the Stripe of stocks,...
