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Welcome to another episode of our Daily Fintech Podcast.
THE NEWS HIGHLIGHT OF THE DAY IS
SEON Fraud Fighters nabs $94 million to power online fraud prevention. The London-based platform plans to expand its presence in North America, LATAM, and APAC to help businesses keep their customers safe.
JUST IN:
More Britons have borrowed through buy now, pay later services since the start of 2021 than have taken out traditional debts such as bank loans or mortgages, according to new research.
WHAT ARE THE LATEST INSIGHTS?
FinTech continues to be the gift that keeps on giving for Europe’s founders. They had VCs filling their coffers to the tune of $8.6bn in Q1, making it the most lucrative sector — a trend we also saw in every quarter of 2021.
AS FOR PARTNERSHIPS
EBANX, a payments fintech with a global presence, and VTEX, a digital commerce platform for large companies and retailers, announced an unprecedented partnership aimed at broadening cross-border payments for Brazilian e-commerce companies in Latin America
Douugh Ltd, the banking ‘super app’ on a mission to help customers budget, save and invest their money to live financially healthier lives, announced a partnership with Pinwheel to facilitate automatic direct deposit switching for its US customers.