PSD2 compliant payments startup Ryft receives FCA licence
PSD2 compliant payments system Ryft has received an authorisation licence from the UK’s Financial Conduct Authority (FCA) allowing it to become a regulated payment facilitator.
Transaction value of recurring payments to exceed $15trn by 2027
The transaction value of recurring payments will exceed $15.4trn globally in 2027, rising from $13.2trn in 2023, according to a report from Juniper Research.
London FinTech Paytrix lands $18.3m for its payments ecosystem
Paytrix, a London-based FinTech building a payments ecosystem to help businesses grow, has raised $18.3m in Series A funding to drive product development and international expansion.
Swedish FinTech Open Payments raises €3m growth round
Open Payments, a Swedish FinTech company, has collected €3m in a growth funding round led by Industrifonden, Sweden's venture capital fund.
Payments technology developer SKUx scores $11m
SKUx, a payments technology and consumer engagement platform, has secured $11m in its Series A funding round to help it scale its product offerings.
Two nets Series A to aids its goal of accelerated B2B transactions
Two, which is helping to make B2B transactions frictionless, has secured €18m in its Series A funding round.
Monite secures seed funding for its embedded finance platform
Monite, an API-first embedded finance workflows startup, has raised $10m in seed funding to start “a new wave in embedded finance.”
Nigeria-based OnePipe collects $4.8m investment
Nigeria-based OnePipe, which empowers companies to integrate financial services within their value chains, has reportedly raised NGN 2.25bn ($4.8m).
Miami-based PayTech Payabli scores $8m
Miami-based PayTech startup Payabli has raised $8m in an extension funding round, adding to the $4m it raised for its seed round in May 2022.
Weavr acquires Comma to combine embedded finance and open banking
Weavr, which is helping transform business with embedded finance, has acquired B2B open banking platform Comma Payments.
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