Global fintech funding falls to US$52.4 billion, but it’s not all bad news: KPMG Pulse of Fintech – H1 2023
According to the H1’23 edition of KPMG’s Pulse of Fintech, a number of sectors attracted robust funding during the first half of 2023.
CurrencyFair launches in the U.S.
Zai is has announced the launch of its CurrencyFair personal money transfer service in all 50 states in the USA.
Wayflyer to invest nearly €240m in key target markets
Dublin-based Wayflyer continues to expand at a rapid pace with plans to invest nearly €240 million in three target markets this year.
Standard Chartered turbocharges digital payments proposition with investment and the merger of CurrencyFair with Assembly Payments
CurrencyFair, a global cross-border payments platform and Assembly Payments, whose platform automates complex payment workflows, today announce their merger as a result of a strategic investment by Standard Chartered, subject to regulatory approval. SC Ventures, the innovation, ventures and fintech investments unit of Standard Chartered is doubling down on its commitment to the rapidly growing payments industry, following its earlier investment in Assembly Payments in 2020. Bill Winters, Group Chief Executive of Standard Chartered said, “Digital payments is a core strategic area for Standard Chartered and our 2020 investment in Assembly Payments greatly enhanced our presence in the domestic payments business. By bringing together the complementary strengths of CurrencyFair and […]
EML acquires Sentenial Group & enters the Open Banking market in Europe
EML has entered into a binding agreement to acquire 100% of Sentenial Group for €70 million upfront, plus an earn-out component of up to €40 million.
Wayflyer grows Australian business with new investments and partnerships
Wayflyer plans to expand its presence in Australia through new hires and investments in the country’s rapidly growing SME-sized eCommerce businesses.
Fintech Ignition Advice expands European team with UK footprint
Fintech Ignition Advice continue their growth with a move into the UK market establishing new teams in London and Edinburgh.
