PYMNTS

JULY 24, 2020

London startup mobile bank Revolut Ltd. billion valuation as part of its Series D round that kicked off five months ago. The new funding is an extension of that round to $580 million while the valuation remains the same, the company said. has secured $80 million in new funding at a $5.5

Startups 102

Startups Foreign Exchange Valuation Invoicing 102

PYMNTS

SEPTEMBER 21, 2020

In today’s top news in digital-first banking, Next Insurance is aiming to raise new capital that would value the FinTech startup at $2.25 billion, and FLEETCOR has come to an arrangement to purchase cross-border payment company Associated Foreign Exchange (AFEX). FLEETCOR Buys AFEX To Boost Cross-Border Payments.

Foreign Exchange 89

Foreign Exchange Banking Nonprofit Valuation 89

PYMNTS

DECEMBER 27, 2020

The Chinese central bank's statement came after it had met with representatives of Ant and regulatory officials from the country's securities, banking and foreign exchange sectors, presented as a Q&A with PBOC vice governor Pan Gongsheng. Ant's much-anticipated double IPO was nixed earlier this year by the government.

Concentration 90

Concentration Foreign Exchange Banking Valuation 90

PYMNTS

MAY 5, 2020

Although the startup lost revenue due to decreased card usage worldwide amid COVID-19, it’s still in a solid position. . Founded in 2015, Revolut began with a prepaid debit card that enables people to sidestep foreign exchange fees while traveling abroad. Revolut raised $500 million in February, which upped its valuation to $5.5

Foreign Exchange 70

Foreign Exchange Startups Valuation Banking 70

PYMNTS

MARCH 17, 2020

Founded in 2011 by Estonian friends Käärmann and Taavet Hinrikus, the startup set out to make foreign exchange fees more transparent. TransferWise has a valuation of $3.5 The startup has raised a total of $772.7 billion following its last funding round of $292 million in May 2019.

Foreign Exchange 56

Foreign Exchange Valuation Startups Currencies 56

PYMNTS

MARCH 11, 2016

million to B2B startups. Adding to the confusion is the latest data from KPMG International and CB Insights, which revealed that private investment in FinTech startups more than doubled last year. Still, B2B startups continue to land on VCs’ radars. foreign exchange payments company FairFX scored nearly $7.5

B2B 40

B2B Startups Foreign Exchange Valuation 40

PYMNTS

APRIL 12, 2019

Also securing seed money this week is Buckzy Payments, a Canadian startup addressing friction in the cross-border payments space by linking payers to its own real-time international payments network. The California startup announced $28 million in Series B funding this week, according to VentureBeat reports, led by Tola Capital.

B2B 55

B2B Banking Foreign Exchange Startups 55