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.
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.
TreviPay Introduces Support for Cross-Currency B2B Sales
TreviPay has announced new support for cross-currency sales between businesses in an attempt to boost buyer loyalty.
Zoop receives license from Brazilian Central Bank as licensed Payment Institution
Zoop, a pioneering B2B FinTech, has received authorisation from the Brazilian Central Bank which will enable them to act as a Payment Institution, and an electronic currency issuer (EMI).
Oliver Wyman to boost digital payments expertise with Innopay acquisition
Oliver Wyman, a premier global management consulting firm and a part of Marsh McLennan, has announced its decision to acquire Innopay, a consultancy renowned for its specialisation in digital transactions.
Danish FinTech firm Flatpay secures $47m to enhance simple payment solutions for SMEs
Flatpay, a Danish company focusing on payment solutions, has successfully secured $47m. The investment was led prominently by Dawn Capital alongside participation from Seed Capital and several unnamed investors.
PayPoint invests £1m in Open Banking innovator Aperidata
PayPoint, a prominent multichannel payments provider, has announced a £1m investment in Aperidata Ltd, an innovative consumer and business credit reporting and Open Banking platform.
AccessPay nabs ?2m to take cloud payments platform to the US
Manchester, UK-based cloud payments service AccessPay has picked up ?2m in debt financing to drive its state-side expansion plans.
FinTech picks Accurity to identify financial crime during onboarding
Payments solution company Lemon Way has chosen Accurity to streamline its financial crime compliance process.
Trio of new VC backers help payments business GoCardless to $75m Series E
A trio of new venture capital backers for UK-based payments business GoCardless have helped the company to $75m of Series E funding.