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SumUp defies fintech funding slump with $307 million fundraise

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SumUp Chief Financial Officer Hermione McKee said the fresh capital gives the company "more firepower to act on opportunities," including acquisitions and new...

Zepz, a $5 billion fintech unicorn, is laying off more staff

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Zepz, which owns the WorldRemit and Sendwave brands, has a headcount of around 1,600.Sopa Images | Lightrocket | Getty ImagesZepz, the money transfer...

Fintech firm Airwallex buys MexPago to expand in Latin America

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The deal, which is subject to regulatory approvals, marks a major push from Airwallex into Latin America.AirwallexGlobal fintech giant Airwallex on Thursday said...

Fintech giant Wise allowed Russia sanctions target to withdraw money

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British financial technology giant Wise allowed an individual on the Russian sanctions list to withdraw money, a U.K. government body said Thursday.  The...

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