What these 25 funding rounds tell you about where the FinTech industry is going
Cybersecurity has had a big funding week with ReliaQuest picking up the biggest round last week, but several challenger banks and InsurTech ventures also bagged considerable cash injections.
IDnow acquires Wirecard Communication Services
Identity verification company IDnow has agreed to buy Wirecard Communication Services, a deal that will see IDnow retain the Leipzig location and keep most of its employees.
Klarna’s beef with the Swedish government takes another turn with H&M skirting new e-commerce...
Klarna's losses grew sevenfold in the first six months of 2020 and now its ongoing conflict with the Swedish government has taken another turn.
Wirecard officially winds down its UK-regulated business
Following the collapse of Wirecard in June, the German FinTech giant is now officially winding down its regulated services in the UK.
ECB warns that big tech entering the FinTech space could lead to security risks
The European Central Bank has warned that Europe's failure to produce big tech companies of its own to compete with American ones could leave the EU exposed and reliant on foreign providers as big tech moves into the FinTech sector.
Law firm calls for Wirecard investors to sign up for class action lawsuit
Faruqi & Faruqi, a leading national securities law firm, reminds American Wirecard investors that they have until September 8 to sign up to be part of a class action lawsuit against the collapsed FinTech.
PayU calls for the UK government to adopt a global perspective when supporting FinTechs...
After a damning survey revealed that only one in four FinTech founders believe the UK government has been sufficiently supportive during the pandemic, PayU is now asking it to adopt a global perspective.
29 FinTech funding rounds from the last week that you can’t afford to miss
While Robinhood's massive Series G round may have secured the most headlines last week, InsurTech and PropTech ventures bagged the most capital injections.
Indian competition regulator dismisses antitrust case against WhatsApp’s payment services
Competition Commission of India (CCI) has dismissed a case accusing WhatsApp of abusing its market dominance in the payment space.
Cybersecurity and InsurTech startups behind many of the 27 rounds raised last week
Of the 27 FinTech companies to raise rounds in the last seven days, cybersecurity and InsurTech companies enjoyed the most cash injections.