Daily Fintech Newsletter | Mar. 17th
Hi!
In case you missed it, please see below today's most relevant fintech news.
BNPL payments FinTech Afterpay launched its European service, Clearpay, to merchants across Spain and France. Italian merchants will begin offering Clearpay later this month. "In the last year, global e-commerce grew faster than it had in the last ten years," said Nick Molnar, Co-founder, and Co-CEO of Clearpay. Link here.
One of the bigger startups in Europe operating a trading platform for cryptocurrency has closed a big round of funding on the heels of very rapid growth and plans to open its platform to a wider stream of assets. Link here.
upSWOT, a fintech platform helping financial institutions dramatically improve their ability to service Small-Medium Business clients (SMBs), announces a $4.3M seed round with commitments from multiple VC firms, corporate partners, and 50+ prominent angels and industry operators. Link here.
Russian Big Tech Yandex has launched Yandex.Pay, a payment service that can store its customers’ card details for e-commerce payments. Link here.
Bulgarian FinTech company SEPA Cyber Technologies, which operates in more than 32 countries, stepped into the Turkish market. Link here.
Payhawk, the only end-to-end financial system that combines credit cards, payments, and expenses into one integrated experience, today announced the launch of one-click bill payments and reimbursements powered by a partnership with Railsbank. Link here.
Deel is introducing Deel Card to help remote workers get one step closer to accessible global purchasing power. Now, contractors can spend funds directly from their Deel balance without sending their money back to their bank. Link here.
This ends my Daily Fintech Newsletter. Let me know if there are any questions or news/insights worth mentioning in the next newsletter. Until the next!
Regards,
Marcel van Oost
marcelvanoost.com
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