race

UK's Payhawk raises $112 million as expenses fintech race heats up

UK’s Payhawk raises $112 million as expenses fintech race heats up

advertisement Automated expenses fintech Payhawk has closed a $112 million Series B round, valuing the company at $570 million, according to an announcement. Greenoaks led the round whilst existing investors QED Investors, Earlybird Digital East and Eleven Ventures participated.  The news comes with competition among expense management startups in Europe heating up. Spendesk, Soldo and Revolut …

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China: CBDC race gathers steam as more companies develop e-CNY products

China: CBDC race gathers steam as more companies develop e-CNY products

Countries around the world have stepped up their efforts to launch and promote their Central Bank Digital Currencies (CBDC). And, China seems to be winning that race by a fair margin. In fact, according to a recent report, over 20 publicly listed companies have disclosed in recent filings their work towards the research and development …

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