FIS acquires banking-as-a-service startup Bond
Consolidation continues apace in the world of fintech. FIS, the fintech giant that runs a wide range of payment, banking and investment services, has acquired Bond, a startup that specializes…
NomuPay, formed from pieces of failed fintech Wirecard, says it’s raised $53.6M for cross-border payments
We still see regular updates on the calamitous fallout of the 2020 collapse of Wirecard, the now-insolvent fintech out of Germany that had built an elaborate house of cards on…
Paytrix raises $18.3M to build out its one-stop payments shop
Payments remains one of the most fragmented of online services, a situation that is only compounded when your business trades internationally. A UK startup called Paytrix says it has raised…
GoHenry, the fintech for under-18s, raises $55M after passing 2M users • TechCrunch
Neobanks have made a name for themselves by successfully winning the business of newly minted adults, opening their first checking, savings and investment accounts and uninterested in doing business with…
Railsr, formerly Railsbank, raises $46M for embedded finance, says it now has 300 customers • TechCrunch
Embedded banking — used by companies that do not build financial products like credit, payments or deposits from the ground up but want to offer those services to their customers…