Tag: Fintech industry news
Fintech company Nuvei to acquire US payment solutions provider Paya
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
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
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
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
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
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
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
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
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
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