News

Digital Banking
Today In Digital-First Banking: Current Raises $220 Million; Step Lands $100 Million
April 27, 2021

In today’s top news in digital-first banking, Current raised $220 million in an Andreessen Horowitz-led Series D investment round, while Step has raised $100 million in Series C funding. Plus, Barclays is working with Amount to provide point-of-sale financing options. Get the Full Story Complete...

Mobile Payments
QR Codes Gain More Mainstream Traction Through PayPal And Fiserv
April 27, 2021

In the latest evidence of how what’s old is new again — or at least of a technology that’s continuing to find its moment amid the pandemic and the great digital shift — consider the QR code. Get the Full Story Complete the form to...

International
China Probes State Officials Over Ant’s Public Offering Approval Process
April 27, 2021

Beijing is launching an intensifying crackdown over how tech billionaire Jack Ma originally won approval for an initial public offering (IPO) in China, The Wall Street Journal reported on Tuesday (April 27), citing sources. Get the Full Story Complete the form to unlock this article and...

International
Today In Payments Around The World: Kry Lands $300 Million; Icelandair, Cover Genius Collaborate On...
April 27, 2021

In today’s top payments news around the world, Kry raised $300 million in a funding round that values the telehealth platform at $2 billion, while Icelandair has collaborated with Cover Genius to provide an embedded “Covid Plus” cover. Plus, Alibaba has strengthened its ties to...

Regulation
FTC Asks Congress To Restore Fraud Victim Compensation Authority
April 27, 2021

The Federal Trade Commission (FTC) is asking Congress to restore its authority to return funds to victims of fraud and other illegal activity, according to a Tuesday (April 27) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Kid-Friendly FinTech Greenlight Raises $260 Million, Valued At $2.3 Billion
April 27, 2021

Family-centric FinTech Greenlight Financial Technology, Inc. has raised $260 million in a Series D funding round, valuing the startup at $2.3 billion, according to a Tuesday (April 27) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Faster Payments
Gaming Payments Company Mazooma Launches Immediate Payout Feature
April 27, 2021

The gaming payments provider Mazooma has unveiled a new feature that allows players to receive immediate payments into their bank accounts. This feature is the result of a partnership between Mazooma and Fifth Third Bank, with real-time withdrawals for sports wagering and iGaming players available...

eCommerce
Mailchimp Adds Online Storefront And Appointment-Booking Tools
April 27, 2021

Mailchimp has launched two new commerce features for merchants to its larger integrated marketing platform, and has made them available for free, according to a Tuesday (April 27) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Neobank Current Notches $220 Million At $2.2 Billion Valuation
April 27, 2021

New York FinTech startup Current raised $220 million in a Series D investment round led by new investor Andreessen Horowitz that triples the company’s valuation to $2.2 billion. The latest capital infusion brings Current’s total funding to more than $400 million. Get the Full Story...