Big Data

US PayFac-as-a-service company Tilled has raised $11m from a Series A round to help software companies monetise payments coming through their platforms.

Revolut Business has launched an invoice feature to help companies in the UK and the EU streamline their payments.

Cloud payments provider Volante Technologies and Deloitte have teamed to offer a new service aimed at transforming how financial institutions (FIs) run their payments business.

A Greenpeace-led report has found UK banks and assets managers were responsible for 805m tonnes of CO2 in 2019 – making it the ninth largest carbon emitter worldwide.

Indian neobank startup Zeta has received unicorn status after a $250m Series C funding round took it to a $1.45bn valuation.

Australian buy now, pay later (BNPL) company Zip will expand into Europe and the Middle with the purchases of BNPL competitors Twisto and Spotii.

Immuta, which enables teams to control access to cloud data, has closed its Series D round on $90m to further its position in the market and capitalising on the rising demand for its services.

The Financial Conduct Authority (FCA) has completed its move from Gabriel to RegData, the organisation’s new data collection platform.

A study has found the mobile contactless payment market is expected to grow by 24% in 2021 to around $2.489trn.

A new report by six US trade groups has underlined the obstacles and solutions for boosting financial inclusion and access across the US.