? News Highlight: Mozper launched in Brazil, together with Visa. Mozper helps parents in Latin America educate their children to make smart and responsible financial decisions.
⚡ Just in Biller, an AI-driven BNPL company focused on business invoices, is set to join the Banking Circleecosystem of financial services and applications. Biller will operate as an independent sister company in the Banking Circle ecosystem
⭐ Also, Revolut will offer personal loans in Ireland. The company has grown its user base to 1.7 million and employs over 100 people there. Revolut says other lending products, such as credit cards, will follow later this year.
?? Furthermore, Revolut has moved into pet insurance in the UK. Revolut's Pet insurance will initially offer protection for cats and dogs. It will offer protection from vet costs and users will be offered round-the-clock free access to an online vet.
? Crypto – DOGECOIN millionaire Glauber Contessoto said in a tweet that a Visa-based Dogecard will soon be unveiled.
? M&As:
- DNA Payments Group is continuing its UK growth strategy by acquiring Kwalitas Ltd, a payment solutions provider based in Peterborough.
- Paysafe Group announced the completion of its SafetyPay acquisition.
? Partnerships –
- Modulr announced a partnership with Ripple, the leader in enterprise blockchain and crypto solutions, to enable seamless payments into the UK and Europe.
- Atom bank is partnering with Sesame Bankhall Group to provide increased accessibility for those applying for mortgages through Sesame’s brokers.
? Funding rounds & investments:
- Rob Moffat, a partner at Balderton Capital, says fintech valuations are “going to be lower” and “late-stage fundraising is going to be harder” over the next few months amid market turmoil
- According to Dealroom.co data, last year Swiss fintech companies raised a total of US$530 million, up 129% from 2020.
- Instant has just taken claim to Australia’s largest ever pre-seed funding round, with a score of $2.2 million.
- Toronto-based KOHO has secured $210 million in a Series D financing round.
Berlin-based Circula picked up a 12 million euros in Series A funding.
- Tilo has raised 1.200 million euros in pre-seed funding led by European VC Peak Capital.
- Crypto venture firm Paradigm led a $109 million Series B investment in Phantom, CEO Brandon Millman said.
? New Launches & Features:
- Simpler wants to bring "one-click checkout" payments to Europe, hoping to beat giant overseas rivals like Fast and Bolt to the mark.
- T-Mobile announced the True Name® by Mastercard® for T-Mobile MONEY debit card. Enabling all customers, including transgender and non-binary customers, to be their authentic self with their chosen name on their T-Mobile MONEY debit card.