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Uber today announced a new partnership with Mastercard and Payfare to launch the Uber Pro Card, providing free instant payouts after every trip or delivery and enhanced loyalty features for drivers and delivery people on the Uber platform in Canada, powered by Payfare’s leading digital banking app and platform. Built specifically for the needs of drivers and delivery people, the Uber Pro Card offers exclusive cash back rewards helping to save up to 4% on gas, up to 8% on electric vehicle charging, and othe
spektr, an innovative European startup committed to simplifying ongoing due diligence processes through automated compliance solutions, proudly announces the appointment of Reno Mathews as its Chief Compliance Officer.
RemotePass has raised $5.5 million in our Series A funding round, led by 212 VC and joined by prominent investors worldwide. This fresh injection fuels their mission to revolutionize remote work for companies and talent globally.
Born as a pivot from a business travel platform during the COVID-19 pandemic, they've grown into a 55-member strong team serving over 360 businesses in 50+ countries.
Theia Insights, a UK-based deep tech start-up launched by former Amazon Alexa scientist and solo entrepreneur Dr. Ye Tian has raised $6.5M. In another example of US venture capital looking to the UK for the most innovative technology companies, the round was led by Silicon Valley’s Unusual Ventures, with participation from Fidelity International Strategic Ventures, and LA-based Clocktower Ventures, alongside several strategic angels.
Yuno, a leading global payments orchestration platform, announces today it has secured US$25 million from a consortium of prominent investors, including DST Global Partners, Andreessen Horowitz, Tiger Global, Kaszek Ventures and Monashees.
Carputty, a leading fintech company revolutionizing auto financing and ownership, is thrilled to announce the successful closure of a $75 million warehouse facility with Silicon Valley Bank (SVB), a division of First Citizens Bank. This significant investment is further bolstered by new equity contributions led by TTV Capital and supported by Fontinalis Partners, Kickstart Fund, Kinetic Ventures, and Grand Ventures.
After several years of steady growth, the fintech market faced declining fortunes in 2023 due to challenging economic headwinds, soaring inflation, and technological upheavals such as AI entering the mainstream.
In an era when technology is moving forward very fast, the world of payments and the transition from cash to digital transactions is undergoing disruptive transformations in the West, as well as (and perhaps even more so) in Africa and the Middle East. These areas are characterised by high-growth markets with strong demand for innovative banking and financial solutions, and a population with low average age, rapid population growth, high mobile penetration, and high literacy in payment-related technologies.
