Payable raises $6.1m to transform payments
Payable, which has developed one platform for payment operations, has raised $6.1m in funding to help companies move away from EBICs, bank files and spreadsheets.
New York-based OatFi bags $8m for B2B solutions
OatFi, a New York-based company that provides working capital infrastructure for B2B payment platforms, has raised $8m in a seed funding round.
Paddle rows to unicorn status after Series D
Paddle, a payments infrastructure provider for SaaS companies, has reached a $1.4bn valuation after the close of a $200m Series D round.
Societe Generale to acquire PayXpert for payment solutions
Societe Generale has entered into an agreement to acquire a majority stake in the FinTech PayXpert to strengthen payment solutions in Europe for retail and online merchants.
Hong Kong-based PayTech KPay closes $10m
Hong Kong-headquartered PayTech startup KPay Merchant Service has raised $10m in a funding round.
Côte d’Ivoire-based PayTech raises Julaya extension
Julaya, a FinTech company based in Côte d’Ivoire, has secured a $5m extension round as it looks to expand its operations in West Africa.
Axle Payments rebrands, closes Series B for financial enablement
Axle Payments, a financial enablement platform for the freight and logistics industry, has rebranded to Denim. Alongside this, it closed its Series B on $126m.
Chile-based payment platform Xepelin secures $140m loan
Chile-based Xepelin, a payment platform for business and financial services for SMEs in Latin America, has reportedly received a $140m loan from Goldman Sachs.
Mexico’s digital payments service Clip secures $50m credit facility
Mexico-based commerce and digital payments platform Clip has received a $50m credit facility from Morgan Stanley, JP Morgan and HSBC.
SlimPay to expand account-to-account payments through Tink
Payments firm SlimPay and open banking platform Tink have teamed up to provide merchants access to open banking powered account-to-account payments.
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