Visa’s acquisition of Plaid has officially been called off
After a year marred by an antitrust suit, Visa's acquisition of Plaid has officially been called off as the CEO says regulatory reviews threatened consumers' interests.
Why the 25 FinTech rounds from last week mean huge things for buy now...
Buy now pay later companies continued their winning streak last week as 25 FinTechs raised big rounds.
More than half of UK firms believe Covid-19 would hurt their business – FCA...
Almost 4,000 regulated firms in the UK were at risk of failing in October and 59% of companies believe Covid-19 will have an adverse effect on their business, according to research from a City watchdog.
Trump bans transactions to Alipay and other Chinese FinTech apps
Outgoing US president Donald Trump has signed an executive order banning transactions with eight Chinese-connected apps, including Alipay.
Revealing the ten biggest FinTech funding rounds in 2020
Massive amounts of capital have been injected into the FinTech industry in 2020, but ten companies raised bigger rounds than the rest.
German regulator boss sacked over Wirecard transactions
Head of German audit regulator Apas has been dismissed with immediate effect after disclosing that he'd been trading with Wirecard stocks when the company was being audited earlier in 2020.
Latin America and teen-focused FinTech services are coming of age as the industry closes...
Last week’s 32 FinTech rounds highlight how Latin America is exploding with new activity, how open banking has nudged closer to being fully adopted across Europe and the rising popularity of teen-focused ventures.
Tink adds €85m in investment round extension
Open banking platform Tink has added another €85m to its coffers in a new investment round-extension co-led by new investor Eurazeo Growth and existing investor Dawn Capital.
Mastercard and Visa pull out of Pornhub after abuse allegations
Visa and Mastercard have cut ties with Pornhub after both payment providers investigated allegations of child sexual abuse.
What do these 28 FinTech rounds from last week reveal about the industry
Last week week saw 28 FinTechs close investment deals. Three sectors in particular proved especially successful.