Tag: Investment & Funding
UK-Africa remittance start-up Zazuu closes down
Company Closure: UK-based fintech start-up Zazuu is shutting down.
Market Focus: Zazuu operated in Africa, running a cross-border payment network marketplace.
Funding History:...
ICYMI fintech funding round-up: Refine Intelligence, Apiture, Solvimon and more
Refine Intelligence:Raised $13 million in seed funding.
Uses AI to scan AML alerts, reducing investigation time.
Plans expansion in North America, Europe,...
Lack of funding forces US credit card fintech Ness to close down
Ness Closure Announcement:US fintech Ness, specializing in credit cards for wellcare, is shutting down.
CEO Derek Flanzraich cites running out of cash...
Redpin launches with new strategy and £140m in funding
Redpin's New Strategy and Funding:UK-based Redpin Holdings, operator of Currencies Direct and TorFX, launches a new strategy.
Secured £140 million in funding...
Dutch payment processor Silverflow lands $16.3m funding
Funding Success: Amsterdam-based payment processing tech company Silverflow secures $16.3 million (€15 million) in a funding round led by Global Paytech Ventures.
Investor Participation: Picus...
Lynx raises £15m Series A funding to fight fraud and financial crime
Funding News: Fintech firm Lynx secures £15 million in Series A funding.
Investors: Funding round led by Forgepoint Capital, with participation from Banco Santander.
Technology...