Tag: Fintech industry news

Fintech company Nuvei to acquire US payment solutions provider Paya

Raghuram Kadari- January 10, 2023

Canadian fintech company Nuvei has agreed to acquire Paya Holdings, a US-based payment and commerce solutions provider, in an all-cash transaction valued at around $1.3 ... Read More

Fintech-as-a-service company DigiAsia Bios to go public via SPAC deal

Raghuram Kadari- January 7, 2023

StoneBridge Acquisition, an American special purposes acquisition company (SPAC), and DigiAsia Bios, an Indonesian embeddable ‘fintech-as-a-service’ (FaaS) company, have agreed to combine their businesses to ... Read More

Twig acquires teen banking company Vybe Technologies to serve Gen Z market

Raghuram Kadari- January 2, 2023

Twig has acquired Vybe Technologies, a teen banking services provider in the UK, in a move to increase its market reach. The financial terms of ... Read More

Akulaku secures $200m booster for continued expansion in Southeast Asia

Raghuram Kadari- December 31, 2022

Akulaku, a Southeast Asian fintech company, has secured an investment of $200 million from Japan-based Mitsubishi UFJ Financial Group (MUFG), marking the second strategic investment ... Read More

ACI Worldwide partners with NTT DATA to strengthen eCommerce in European and Latin American markets

Raghuram Kadari- November 23, 2022

ACI Worldwide, a US-based payment systems company, and NTT DATA, a Japanese multinational information technology service and consulting company, will join forces to bolster the ... Read More

Aurionpro Solutions launches digital engagement platform AuroDigi for banks

businessnewstoday- November 14, 2022

Aurionpro Solutions said that it has launched a digital banking solution called AuroDigi designed for facilitating seamless wholesale banking services. The Mumbai-based technology products and ... Read More

Indian HR tech platform Keka raises $57m in Series A funding round

Raghuram Kadari- November 12, 2022

Keka, a Hyderabad, India-based HR tech platform, has raised $57 million (INR 465 crores) in a Series A funding round from WestBridge Capital, a UK-based ... Read More

Sixth Street, BGH Capital to acquire payments company Pushpay Holdings for $898m

BNT Reporter- November 1, 2022

A consortium consisting of Sixth Street and BGH Capital has signed an agreement to acquire New Zealand-based payments and technology company Pushpay Holdings for $895m ... Read More

Indian fintech Infibeam Avenues gets payment aggregator licence from RBI

Raghuram Kadari- October 28, 2022

Infibeam Avenues, an Indian payments infrastructure company, will now operate as a payment aggregator following an “in-principle” approval from the Reserve Bank of India (RBI). ... Read More

Fintech platform Airwallex raises $100m funding at $5.5bn valuation

BNT Reporter- October 12, 2022

Airwallex has raised $100m in a Series E extension funding round that valued the Australian fintech company at $5.5bn. With the latest funding, the Melbourne-founded ... Read More