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Affirm and FIS partner to let banks offer BNPL via debit cards

/payments

Affirm and FIS partner to let banks offer BNPL via debit cards

Affirm has joined forces with FIS to bring integrated BNPL capabilities directly to debit card issuers.

Denmark's Netcompany to buy core banking vendor SDC

/retail

Denmark's Netcompany to buy core banking vendor SDC

Danish IT services firm Netcompany has struck a deal to buy local banking tech outfit SDC for around $139 million.

Berlin-based startup Integral raises €6.3 million

/startups

Berlin-based startup Integral raises €6.3 million

Integral, a Berlin-based startup providing accounting, taxation & payroll services for SMEs, has secured a €6.3m funding round led by General Catalyst, Cherry Ventures with participation from Puzzle Ventures and entrepreneurs across Europe.

Bitpanda gets FCA greenlight for UK expansion

/crypto

Bitpanda gets FCA greenlight for UK expansion

European crypto platform Bitpanda has been granted approval by the Financial Conduct Authority to expand its operations in the UK.

Tabby valuation more than doubles to $3.3 billion on $160 million investment round

/payments

Tabby valuation more than doubles to $3.3 billion on $160 million investment round

UAE-based BNPL lender Tabby has raised $160 million in Series E funding at a $3.3 billion valuation ahead of an ancitpated IPO.

Zeta grows valuation to $2 billion on $50 million funding round

/payments

Zeta grows valuation to $2 billion on $50 million funding round

Zeta, a next-gen banking tech provider to financial institutions globally, has secured a $50 million investment from an un-named investor valuing it at $2 billion.

Nigeria's Raenest secures $11 million Series A; Ghana's Affinity snags $8 million

/payments

Nigeria's Raenest secures $11 million Series A; Ghana's Affinity snags $8 million

Raenest, a Nigerian fintech providing cross-border payments to gig workers and businesses, has secured $11 million in Series A funding.

HSBC back up after outage

/retail

HSBC back up after outage

HSBC suffered a major outage on Tuesday afternoon that has hit mobile and online banking in the UK.

TD Bank to offload $14bn Charles Schwab stake

/retail

TD Bank to offload $14bn Charles Schwab stake

TD Bank has agreed to sell its 10.1% stake in investment firm Charles Schwab for about C$20 billion (US$14.6 billion) after taxes.

Klarna inks JPMorgan Payments deal to expand merchant services offering

/payments

Klarna inks JPMorgan Payments deal to expand merchant services offering

Klarna’s buy now, pay later options are coming to businesses that rely on JPMorgan Payments for payment processing.

Sardine raises $70m for AI fraud platform

/ai

Sardine raises $70m for AI fraud platform

Sardine, an AI risk platform for fraud, compliance, and credit underwriting, has raised $70 million in a Series C funding round led by Activant Capital.

Plaid and Stripe to join secondary share sale jamboree

/retail

Plaid and Stripe to join secondary share sale jamboree

As an alternative to an exit, secondary share sales have been seized upon by fintech firms looking to raise funds and increase liquidity for employee stockholders, with Plaid and Stripe the latest to go to market.

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