Payhawk raises $ 112 million
Greenoaks leads Payhawk’s Series B round of $ 112 million, which the fintech valued at $ 570 million. Payhawk offers a solution for financial management in companies, including virtual and physical (credit) cards. Competitors are therefore Spendesk, Pleo or Revolut Business. With the fresh funds, Payhawk plans to open branches in the USA, the Netherlands and Australia. Read more …
$ 555 million for Moonpay
The fintech Moonpay, founded in 2019, operates an infrastructure for crypto payments. This is used when trading with BTC, ETH or NFT on platforms from OpenSea or Bitcoin.com. Tiger Global Management and Coatue lead Moonpay’s $ 555 million Series A round. According to its own information, the company has already won 250 partners since it was founded. The fintech wants to use the fresh capital for its further expansion. Investors now value the company at $ 3.4 billion. Read more …
Allows to invest in Captiq
In May, Sino had sold shares in Trade Republic worth $ 150 million. Now the financier is making a new investment: Sino leads the Series A financing for the Fintech Captiq in the amount of 2.6 million euros. Captiq from Frankfurt offers financing for chamber professions (doctors, tax consultants, etc.) who can apply for loans of up to 250,000 euros via the platform. The company intends to use the fresh funds to further expand its business. Continue reading…
Stripe introduces POS terminals for Germany
In order to simplify the way for e-commerce companies to enter stationary retail, Stripe is now also offering POS terminals in Germany. The technology is supported directly by Shopify, for example, which means that merchants on this platform can more easily link online and offline business. Stripe has already found a reference with Taxi.de. With the terminal it is possible for passengers to pay by card or online. Read more …
Funding for elleXX and legal protection for women
The elleXX platform, which offers financial information for women and develops financial products optimized for women, has been live since October of that year. Like one Posting on LinkedIn can be seen, the fintech can look forward to successful seed financing. The platform is also launching legal protection insurance from women for women in cooperation with the Allianz subsidiary CAP. Continue reading…
Ebay suspends direct debits
Since the end of October customers can no longer pay by direct debit on Ebay. The reason is a series of unauthorized purchases and payment requests. That is why they decided together with Ratepay to pause the process for the time being. Now it is checked whether fraudsters have triggered payments from accounts through identity theft. Read more (Paid)…
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