International payout orchestration platform MassPay and cryptocurrency exchange Coinbase have teamed...
Canadian fintech KOHO has raised C$130 million in new funding, boosting the company's valuation to C$1.33 billion and earning the firm unicorn status. The Series E investment provides KOHO with the initial capital base it requires to secure a federal banking license, and boosts KOHO's total capital raised to $507 million.
The round featured participation from both new and existing investors. Among the former were Mubadala, the Abu Dhabi-based sovereign investor, and Savano Capital, an...
After rumors swirled last week about Nuvei's plans to acquire Payoneer, the deal has been made official this week. Nuvei has agreed to acquire the global payments solutions company for $2.75 billion to bolster its payments infrastructure. There's plenty of other fintech news to catch up on this week, so we’ll continue to add more announcements as the week progresses.
CorTrust Bank selects Jack Henry to provide for local communities with competitive, flexible...
This week's edition of Finovate Global features recent fintech developments from Egypt.
An investment from Al Ahly Capital, the investment arm of the National Bank of Egypt, has boosted the valuation of Egyptian fintech MNT-Halan to $1.4 billion. The investment represents the first closing of a new round for the firm; a second closing is expected as part of the ongoing funding. Reports indicate that the company has...