Nearly 80% of Payments & Remittances investment since 2015 has come from transactions over...
?Total funding in the sector over the last five years surpassed $66bn as digital payment methods become more common.
Axle scores $10m Series A to support freight and logistics companies digitise financial operations
All-in-one financial platform for freight and logistics companies Axle closed its Series A round on $10m.
British cross-border payment startup Kapaga bags ?1.5m
UK-based cross-border payment platform Kapaga has raised ?1.5m in a funding round led by Tiger Global.
Teampay nets $4m Seed led by Crosscut Ventures co-founder
Enterprise debit card provider Teampay has netted $4m in a Seed round, to support its sales and marketing to boost customer reach, Teampay founder told FinTech Global
Bill payment service Ayoconnect said to raise $5m in its pre-Series B round
Indonesia-based Ayoconnect has reportedly bagged $5m in its pre-Series B round to continue its goal of increasing financial inclusion.
Qolo earmarks its Series A funding to support hiring efforts
Qolo, an omni-channel payments platform, has raised $15m in its Series A funding round which will help continue its rapid team expansion.
Conduent launches Digital Integrated Payments Hub
Conduent Incorporated, a technology-powered process solutions company, has collaborated with BNY Mellon to launch a new Digital Integrated Payments Hub.
VC-backed payment card issuer Marqeta nears $2bn valuation through Series E round
Venture capital-backed payment card issuing platform Marqeta has hit a valuation of almost $2bn through a Series E funding round.
Axis Bank rolls out wearable contactless payment device Wear ‘N’ Pay
In a bid to encourage the mainstream adoption of cashless transactions, India-based banking group Axis Bank launched its own range of wearable contactless payment devices, called Wear N Pay.
State Bank of India backs Pine Labs with $20m investment
Indian buy now, pay later (BNPL) firm Pine Labs has secured a $20m investment from the State Bank of India, the largest commercial bank in the country.
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