Category : News

News / Switzerland - 1 year ago

UK Launches 1Bio GBP Growth Stage Fintech Fund

UK FinTech Growth Partners announced that it will launch the FinTech Growth Fund, the first investment fund of its kind focussed on supporting growth stage FinTechs as they scale. With backing for the initiative already secured from industry leaders...

News / Switzerland - 1 year ago

Sumup Secures New US$100 Million Credit Facility

Global fintech company SumUp announced today that it has entered into a US$100 million credit facility with Victory Park Capital (“VPC”), a global alternative investment firm specialising in private credit. The credit facility will enable SumUp to pr...

News / Switzerland - 1 year ago

PayPal Rolls Out Stablecoin Backed by U.S. Dollar

Global payment giant PayPal announced the launch of a U.S. dollar-denominated stablecoin which will be available to consumers, merchants and developers to seamlessly connect fiat and digital currencies. PayPal USD (PYUSD) is backed by U.S. dollar dep...

News / Switzerland - 1 year ago

Klarpay Appoints New Deputy CEO

Klarpay announced the appointment of Markus Emödi as the Chief Legal & Compliance Officer and Deputy CEO. With a track record of over 20 years in the financial industry, Markus brings a wealth of experience and expertise to Klarpay. Markus Emödi...

News / Switzerland - 1 year ago

2023’s Biggest Fintech Acquisition Deals

The global fintech sector is witnessing a slowdown in deal activity, with companies adopting a cautious “wait-and-see” approach. In the first half of 2023, only 128 mergers and acquisitions (M&A) were recorded, compared to 248 and 188 in the firs...

News / Switzerland - 1 year ago

Top 8 Most Well-Funded Fintech Companies in the USA

The US holds a prominent position in the global fintech scene and is considered one of the leading countries in fintech innovation, investment and market size. The country possesses the most mature innovation ecosystem in terms of venture capital (VC...