TransferMate collects €30m from Allied Irish Banks
TransferMate, a b2b payments company, has landed a €30m investment from Allied Irish Banks.
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’.
Spera nets $2m investment from Medici Ventures
SaaS-based platform Spera has closed its $2m Series A funding round, from Overstock.com blockchain-focused subsidiary Medici Ventures.
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.
Enfuce teams with Visa to accelerate FinTech payment card issuing
Finnish FinTech Enfuce has entered a collaboration with Visa aimed at supporting European FinTechs in launching their own payment card within eight weeks.
Priority Technology acquires Plastiq, strengthening B2B payment solutions
Priority Technology Holdings, a leading unified commerce platform that offers integrated payments and banking on a large scale, has successfully completed the acquisition of Plastiq, a prominent B2B payments company providing working capital solutions and automating accounts payable and receivable.
Stealth mode FinTech Uni reportedly closes seed round
Uni, a credit card company which is currently in stealth mode, has reportedly raised $18.5m in a funding round.
Chipper Cash bags $6m in seed round
P2P payment startup Chipper Cash has secured new investment to expand into new African markets.
Mastercard, Verizon team to introduce 5G to payments market
Mastercard and Verizon Business have entered a strategic partnership aimed at bringing ‘transformational solutions’ to the global payments and commerce industry.
Visa buys stake in Global Processing Services
Payment giant Visa has made a strategic investment into Global Processing Services (GPS), a payments issuer processor.