47M Archives

Flatpay rings up $47M to target smaller merchants with simple payment solutions

April 17, 2024 mpsingh No Comments Technology 47M, Flatpay, merchants, payment, rings, Simple, smaller, Solutions, target

As the world waits for $65 billion payments tech giant Stripe to go public, a wave of smaller startups continues to roll into the market to pick up more payments business. In one of the latest developments, Danish company Flatpay, which builds payment solutions for small and medium physical merchants like shops, restaurants and salons, [...]read moreFlatpay rings up $47M to target smaller merchants with simple payment solutions

PayPal backs Indonesian insurance startup Qoala in $47M funding

March 27, 2024 mpsingh No Comments Technology 47M, Backs, funding, Indonesian, insurance, PayPal, Qoala, Startup

PayPal Ventures’ latest investment is in an Indonesian startup that provides personal insurance products covering a variety of risks, including accidents, phone screen damage, and ticket cancellations. Qoala has secured $47 million in a new round co-led by PayPal Ventures and MassMutual Ventures, the five-year-old startup said Wednesday. MUFG Innovation Partners, Omidyar Network as well [...]read morePayPal backs Indonesian insurance startup Qoala in $47M funding

London regtech GSS raises $47M to help banks screen for global sanctions

March 26, 2024 mpsingh No Comments Technology 47M, banks, global, GSS, London, raises, regtech, sanctions, screen

Global Screening Services (GSS), a London-based regulatory compliance platform that helps financial institutions meet their global sanctions obligations, has raised $47 million in a round of funding. The raise comes amid a spike in economic sanctions, with the U.S. issuing trade restrictions and asset blocking against states including Russia, China, Iran and more. Enforcement GSS [...]read moreLondon regtech GSS raises $47M to help banks screen for global sanctions