96% of SME payments decision makers don't understand payments

96% of SME payments decision makers don’t understand payments

Worryingly, 96% of SME payments decision makers lack understanding of the payment process, according to a report from Cashflows, which helps merchants accept payments.
Instant-payments-API-developer-Devengo-bags-€1.2m

Instant payments API developer Devengo bags €1.2m

Instant payments API developer Devengo has secured €1.2m for its seed funding round to help it grow its team.

Argentinian PayTech startup Pomelo extends Series A

Argentinian PayTech startup Pomelo has extended its Series A funding round by $15m, which has increased its valuation by 50% in the last nine months.
Viola-Credit-backs-B2B-PayTech-payments-company-with-$350m-credit-facility

Viola Credit backs B2B PayTech Balance with $350m

Balance, a B2B payments company specialising in financing and e-commerce, has raised $350m in a credit facility from Viola Credit.
Conduent launches Digital Integrated Payments Hub

Conduent launches Digital Integrated Payments Hub

Conduent Incorporated, a technology-powered process solutions company, has collaborated with BNY Mellon to launch a new Digital Integrated Payments Hub.
SME financial management FinTech FINOM buys PayTech Kapaga

SME financial management FinTech FINOM buys PayTech Kapaga

FINOM, which offers a mobile-first financial management platform to SMEs and freelancers, has acquired cross-border PayTech Kapaga for an ‘eight figure sum’.
MANGOPAY names its new chief technology officer

MANGOPAY names its new chief technology officer

MANGOPAY, a European payment solution provider, has named Ronen Benchetrit as its new chief technology officer, following the acquisition by Advent International.
Loop-exits-stealth-funding-simplify-logistics-payments

Loop exits stealth on a mission to simplify logistics payments

Loop, a San Fransciso-based shipping and logistics payments platform, has raised a total of $30m through seed and Series A funding round and exited stealth.
B2B payment platform Fintecture nets €36m

B2B payment platform Fintecture nets €36m

Fintecture, a B2B payment platform, has raised €36m in its Series A round, as it looks to grow its team.
Digital payments network iink Payments secures $3m

Digital payments network iink Payments secures $3m

Digital payments network iink Payments has secured $3m in its seed funding round, which was led by Grand Ventures.

News Stories

5-questions-to-ask-during-compliance-budget-building

5 questions to ask during compliance budget building

As companies start preparing for 2023, budgets are often a major talking point. Red Oak Compliance has outlined the five questions companies need to be asking when building the compliance budget.
law

Law enforcers link in global money laundering crackdown

Law enforcement from 25 countries have linked to crack down on money mules and their recruiters.
Intuit acquires SeedFi to bolster Credit Karma solution

Intuit acquires SeedFi to bolster Credit Karma solution

Intuit, a developer of multiple leading FinTech services, has acquired SeedFi, which is the partner behind Credit Karma’s Credit Builder solution.
secjur

German compliance firm secjur lands €5.5m

secjur, a Hamburg-based provider of an AI-powered compliance automation platform, has scored €5.5m in seed financing.
FCA

FCA hits Julius Baer International with £18m fine

The Financial Conduct Authority (FCA) has slapped Julius Baer International, an investment advisory and wealth manager, with an £18m penalty.

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