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TrueLayer Joins ‘Unicorn Club’ as Fresh Funding Chases Open Banking Opps in Europe

TrueLayer Joins ‘Unicorn Club’ as Fresh Funding Chases Open Banking Opps in Europe
TrueLayer Joins ‘Unicorn Club’ as Fresh Funding Chases Open Banking Opps in Europe
September 22, 2021  |  Investments

Global open banking platform TrueLayer joined the unicorn club this week, as its new $1 billion valuation points to both the opportunity and enthusiasm surrounding...

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Ant to Turn Over Consumer Credit Info to Chinese Government
Ant to Turn Over Consumer Credit Info to Chinese Government
September 22, 2021  |  International

Consumer lending service Ant Group Co. will turn over all of its credit data to Chinese government officials for inclusion in a federal credit reporting...

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Mexico’s Used Car Startup Kavak Raises $700M in Series E Round
Mexico’s Used Car Startup Kavak Raises $700M in Series E Round
September 22, 2021  |  Investments

Mexican used-car platform Kavak raised $700 million in a Series E funding round that values the startup at $8.7 billion, the second-most valuable venture in...

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UK Bank Lobby Group: Fraud Threatens National Security  
UK Bank Lobby Group: Fraud Threatens National Security  
September 22, 2021  |  Fraud Attack

Increasing incidents of fraud against online shoppers and digital banking newcomers across Britain since the start of the COVID-19 pandemic is “a national security threat”...

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Love to, Can’t: 60% of Mid-Sized Companies Lack Funds Needed to Digitize AR
Love to, Can’t: 60% of Mid-Sized Companies Lack Funds Needed to Digitize AR
September 22, 2021  |  B2B Payments

Mid-sized companies are more likely than enterprises of other sizes to say they want digital technology to transform the way they operate, but they’re also more likely to say they don’t have...

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ResTech Startup sunday Nets $100M in Series A Funding
ResTech Startup sunday Nets $100M in Series A Funding
September 22, 2021  |  Investments

Atlanta, Georgia-based restaurant payment solution startup sunday on Wednesday (Sept. 22) announced it had generated $100 million in Series A equity funding. Coatue, as well...

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Technology Front and Center in Proposed Amazon Department Stores
Technology Front and Center in Proposed Amazon Department Stores
September 22, 2021  |  Amazon

It’s no surprise Amazon is going all out in its planned department stores but details including private-label brands and technology-rich dressing rooms give customers even...

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Pakistan’s TAG Raises $12M in Seed Funding Round 
Pakistan’s TAG Raises $12M in Seed Funding Round 
September 22, 2021  |  Investments

Seeking to leverage the growing popularity of digital payments triggered by the pandemic, Pakistani FinTech startup TAG has raised $12 million and reached a valuation...

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Payfare Expands Platform To Include Visa SavingsEdge
Payfare Expands Platform To Include Visa SavingsEdge
September 22, 2021  |  Payment Methods

Payfare, a FinTech that provides payment and banking services for gig workers, has launched a collaboration with Visa to add Visa SavingsEdge to its platform....

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