Global payment as a service market to be worth $25.7bn by 2027
Digital transformation and changing consumer demands are driving the maturation of the global payment as a service market at an expected compound annual growth rate of 16.9% in the next seven years.
Finix extends its Series B to reach a total of $75m
Payments infrastructure company Finix has extended its Series B round to reach $75m, after closing an additional $30m to the round.
Payments company CHAI said to raise $60m in Series B round
South Korean payments company CHAI has reportedly scored $60m in its Series B funding round, which will bolster its global expansion efforts.
Plastiq and Ramp team up to enable businesses make large payments via its corporate...
B2B intelligent payment solutions provider Plastiq and American corporate card Ramp are collaborating to help companies pay for every kind of corporate cost with the Ramp card.
Orum said to raise $21m in its Series A funding round
Orum, which has built real-time money transfer infrastructure, has reportedly collected $21m in its Series A round.
Virgin Money teams with UK FinTech firm to bolster lending offering
Virgin Money has partnered with FinTech company Trade Ledger to deliver a quicker, more user-friendly experience for business customers applying for lending.
CSI eyes bolstered instant payments adoption through pilot program
Computer Services Inc (CSI) will participate in the FedNow pilot program with the aim of increasing the adoption of instant payments in the US.
Rocketlane snares $3m in Matrix-backed seed funding round
Customer onboarding platform Rocketlane has secured $3m from a seed funding round led by Nexus Venture Partners and Matrix Partners.
Nium nets $200m to become first global B2B payments unicorn from Southeast Asia
Nium, a global B2B payments platform, has raised over $200m in a Series D round led by Riverwood Capital to accelerate its product roadmap and drive global expansion.
Klarna expands European presence with Poland launch
Buy now, pay later (BNPL) firm Klarna teamed with H&M to launch its app and its Pay in 30 days BNPL option in the Polish market.
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