article thumbnail

New Funding Values Swedish FinTech Startup Tink At $824 Million

PYMNTS

A new funding round for the Stockholm-based FinTech Tink boosted the startup’s valuation over 60 percent to €680 million ($825 million), according to a CNBC report on Friday (Dec. 11), citing sources. The new funding round of €85 million was co-led by French private equity firm Eurazeo and Dawn Capital.

Fintech 216
article thumbnail

London FinTech SumUp Gets Digital Money License From Irish Central Bank

PYMNTS

The FinTech also has eCurrency licenses in Lithuania and the U.K. SumUp has been active in Ireland since 2012 and has introduced electronic payments to thousands of businesses. Last year the company was awarded a $371 million loan backed by Goldman Sachs Private Credit and Bain Capital Credit to finance its growth into 31 markets.

Fintech 245
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Singapore FinTech Grab Mulling US IPO Of Up To $2 Billion

PYMNTS

Singapore-based FinTech Grab is mulling a U.S. Sources told Reuters that Grab is looking to take advantage of the red-hot IPO market in the U.S. If the company chooses to proceed, the IPO could be the largest market debut ever made by a Southeast Asian company on a foreign exchange.

Fintech 198
article thumbnail

Brazil’s Unicorn FinTech EBANX Pilots Digital Wallet

PYMNTS

Brazil’s unicorn FinTech and payments startup EBANX is trialing a digital wallet, called Ebanx Go, with 10,000 consumers on a test basis, the company announced on Wednesday (Jan. The digital wallet offering is intended to solidify the FinTech’s reach in the Brazilian payments market.

Fintech 169
article thumbnail

Today In Digital-First Banking: Dave Inc. Gets New Marketing Exec; Payroll Firm Gusto Launches Gusto Wallet

PYMNTS

has a new marketing executive, while payroll and employee benefits processor Gusto has launched “Gusto Wallet." Banking Startup Dave Taps Ex-Airbnb Marketing Exec. Jonathan Mildenhall, an experienced marketing executive, has taken the top marketing position at banking startup Dave Inc.

Marketing 130
article thumbnail

Emailage Embarks On ‘FinTech Roadshow’

PYMNTS

The company is calling it the “FinTech Roadshow.”. Emailage sees the FinTech industry as a critical sector for partnerships and growth. Founded in 2012, Emailage it is now hitting its major growth area and has entered expansion mode. The FinTech Roadshow concludes at Money20/20 in Las Vegas on Oct. First, on Oct.

Las Vegas 118
article thumbnail

FinTech Firms Show Banks The ‘Art Of The Possible’ In SMB Lending

PYMNTS

On the upside, researchers found small businesses’ demand for loans is at its highest level since 2012. “What we didn’t know until this study was the size of the credit market for small businesses. “[FinTech firms] are still a drop in the buck, but they’re showing the way. .

Lending 159