Money20/20, the world’s leading fintech show and the place where money does business, has unveiled six startups that are poised to transform the world of money.
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Fibe, India’s leading Fintech, has raised USD 90 million in a Series E round led by TR Capital, Trifecta Capital and Amara Partners. Its existing investors TPG Rise Fund, Norwest Venture Partners, Eight Roads Ventures and Chiratae Ventures also participated in the round which included both primary and secondary transactions.
payabl., one of Europe’s leading PayTech companies, today reveals that instant payments is the top revenue growth driver in the payments sector, ahead of digital wallets, reward schemes, fraud and risk management and rising interest rates. Overall sentiment revealed clear excitement about the future of the industry despite regulation being perceived as one of the biggest challenges impacting growth and innovation in the global payments sector.
Nium, the global leader in real-time cross-border payments, today announced a partnership with BS2, a digital bank in Brazil specializing in fintech solutions for businesses. BS2 will use Nium's Global FX product to lower FX costs and provide more real-time payouts between Brazil and popular trading corridors with China and the UAE.
Trulioo, an industry-leading identity platform with proven global coverage for person and business verification, today announced a partnership with BDSwiss for Person Match and Watchlist Screening capabilities across EMEA, Asia and the Americas.
Payhawk, the global spend management solution that helps businesses manage company cards and payments at scale across 32 countries, today announced its Q1 2024 business performance results and the launch of its Summer Edition product release that brings flexibility to the way companies manage spend. Q1 saw revenue growth of 86% YoY, largely driven by the fintech’s focus on customisation to meet the complex and increasingly global challenges of finance teams at major enterprises.
Mangopay, the modular and flexible payment infrastructure provider for platforms, reinforces its commitment to the Spanish entrepreneurial ecosystem, announcing partnerships with three fast-growing businesses including Filmo, Kuarere and Webel. The agreements with these three new Spanish platform clients increases Mangopay's presence in sectors including media, entertainment and home delivery services.