Payment app Osu raises £2.25m seed round from fintech angels
Osu, a new instant payments app aimed at helping the UK’s four million self-employed has raised £2.25m seed round from fintech angels.
Australian fintech Earnd acquired by the UK’s Wagestream
UK-headquartered Wagestream has acquired Australian fintech startup Earnd.
Yoello announced as the Top Growing FinTech Company in the UK
Welsh fintech Yoello has been recognised for its rapid growth and for pivoting to support businesses during the pandemic.
New fintech combining banking and wealth management Ikigai launches in the UK
Ikigai, a new fintech offering wealth management and e-money accounts, has launched in the UK.
Global fintech Railsbank partners with neobank Volt to launch in Australia
Railsbank, a leading global embedded finance platform, has launched in Australia via a partnership with the country’s first neobank Volt.
Fintech Tribe Payments joins Microsoft for Startups programme
As a participant in Microsoft for Startups, Tribe Payments will gain access to Microsoft’s technology and expertise, and their extensive partner network.
UK fintech SumUp raises €750m
UK fintech startup SumUp has raised €750m (£643m, US$893m) from several investors including Goldman Sachs and Bain Capital Credit.
Fintern taps AI and Open Banking to enter consumer loans market
Fintern is aiming to shake up the market for low-value consumers loans with the launch of credit technology that bypasses credit scores.