Mondu gears up for European expansion with €30m debt financing boost
Mondu secures €30 million debt financing from German bank VVRB.
The deal increases Mondu's credit facility with VVRB to €50 million, following a...
Bilt Rewards more than doubles its billion-dollar valuation with new $200m equity investment
Valuation Milestone: New York-based Bilt Rewards reaches a valuation of $3.1 billion after securing a $200 million equity investment.
Key Investors and Leadership Changes:...
BillingPlatform lands $90m growth equity investment from FTV Capital
BillingPlatform secures a $90 million growth equity investment from FTV Capital.
FTV Capital's Kyle Griswold and Richard Liu to join BillingPlatform's board of...
CFPB proposes new laws to stamp out NSF fees for transactions declined in real time
The US Consumer Financial Protection Bureau (CFPB) proposes a ban on fees for non-sufficient funds (NSF) charged by banks, credit unions, and certain...
BNPL firm Billink fuels European expansion plans with $32m funding from Varengold Bank
Funding Boost: Dutch paytech Billink secures a $32.1 million investment from Germany's Varengold Bank for its buy now, pay later (BNPL) platform expansion.
Expansion...
Aussie paytech EML Payments to wind down Irish subsidiary PCSIL
Business Decision: EML Payments is winding down its Irish subsidiary, PFS Card Services Ireland Ltd. (PCSIL), due to it being "no longer commercially viable...
NPCI teams up with Google Pay to expand UPI beyond India
Partnership: Google Pay India and NPCI's international payments subsidiary sign MoU for UPI expansion.
Objectives: Three main goals include enabling global travelers to use UPI,...
Business spend management platform Payhawk lands UK EMI licence
Payhawk, a business spend management platform, has obtained an Electronic Money Institution (EMI) license from the UK's Financial Conduct Authority (FCA).
The Bulgarian...
LatAm fintech Pomelo secures $40m Series B led by Kaszek
Funding News: Pomelo, a Latin American fintech start-up, secures $40 million in Series B funding.
Investors and Leadership: Series B round led by...
