PayTech

PayTech companies globally raised over $11.8bn across 376 transactions last year

Tech giants Microsoft and GoDaddy have announced a strategic partnership that will enable digital transactions during virtual meetings. Customers of both companies will be able to carry out secure payments while conducting virtual meetings through Microsoft Teams. The financial details of the deal were not disclosed.

Russian payments company QIWI has received an investment from Japanese bank SBI Holdings.

ANNA Money has announced its acquisition of GetCape, a Sydney-based FinTech specialising in business spend management platforms.

TreviPay has announced new support for cross-currency sales between businesses in an attempt to boost buyer loyalty.

Payhawk, the global spend management solution, has obtained a licensed Electronic Money Institution (EMI) status in the United Kingdom.

noqodi, a UAE-based payments firm, has partnered with London-based financial crime compliance RegTech Napier, to secure digital payments domestically. 

After the successful launch of their numberless FamCard, FamPay has launched India’s first Visa Prepaid Card for teenagers with personalized doodles on it.

Cryptocurrency wallet CoinText.io has raised $600,000 in Bitcoin Cash for its seed round of funding.

Uruguayan payments platform dLocal has secured $150 million from a recent funding round led by investment firm Alkeon Capital.