It’s no secret that the technology for easy business-to-business payments has not yet caught up to its peer-to-peer counterparts, but Yaydoo thinks it has the answer.
Square to buy ‘buy now, pay later’ giant Afterpay in $29B deal
In a blockbuster deal that rocks the fintech world, Square announced today that it is acquiring Australian buy now, pay later giant Afterpay in a $29 billion all-stock deal. The purchase price is based on the closing price of Square common stock on July 30, which was $247.26. The transaction is expected to close in […]
Chilean fintech Xepelin secures $230M in debt and equity from Kaszek, high-profile angels
Xepelin is built on a SaaS model designed to give SMEs a way to organize their financial information in real time.
Airtel Africa gets an extra $200M for its mobile money business from QIA
Three months ago, Mastercard invested $100 million in Airtel Mobile Commerce BV (AMC BV) — the mobile money business of telecom Airtel Africa. This was two weeks after it also received $200 million from TPG’s Rise Fund. Today, the African telecoms operator has announced that it has secured another investment for its mobile money arm. […]
PayPal’s new ‘superapp,’ to include messaging, is ready to launch
CEO Dan Schulman revealed the superapp would include high-yield savings, early access to direct deposit funds and messaging functionality outside of peer-to-peer payments.
Mint’s first PM raises millions for Monarch, an Accel-backed money management platform
Monarch, a subscription-based platform that aims to help consumers “plan and manage” their financial lives, has raised $4.8 million in seed funding. Accel led the round, which also included participation from SignalFire, and brings the Mountain View-based yet fully distributed startup’s total funding since its 2019 inception to $5.5 million. Co-founder and CEO Val Agostino […]