B2B Payments

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.

Cheddar raises $1.25m for seed investment round

??Indiana-based billing platform Cheddar has raised $1.25m in seed funding led by M25 Group.

18 FinTech funding rounds you missed last week

Despite coronavirus fears, the last week saw a number of FinTech companies raise money.

RoadSync secures $30m in its Series B round

Digital financial platform RoadSync has closed its Series B round on $30m, which was led by Tiger Global.

PayTech Finexio continues momentum with Series B raise

Finexio, the B2B accounts payables (AP) Payments-as-a-Service company, has completed the first close of its $30m Series B funding round.

RedCard Holdings receives investment from Parthenon

Claims communication and payments company RedCard Holdings has received an investment from Parthenon Capital Partners.

Neat adds $4m to its Series A round

Hong Kong-based FinTech Neat has topped up its Series A round with a $4m extension, bringing the total raised in the round to $15m.The...

Close to half of all transactions expected to contactless by end of 2022

A report by VoucherCodes has found 47% of all transactions are expected to be contactless by the end of 2022.
Buckzy

Buckzy Payments lands $14.5m Series A

Buckzy Payments, a Canada-based payments firm, has netted $14.5m in a Series A funding round.

News Stories

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud, a leading innovator in the Staffing Industry known for its advanced automation and AI-driven solutions, has announced a groundbreaking partnership with Immediate, a forward-thinking provider of pay access solutions.
Marqeta powers Rain's new debit card for seamless wage access

Marqeta powers Rain’s new debit card for seamless wage access

Marqeta, a global modern card issuing platform, has partnered with Rain, a financial wellness benefits provider that assists companies in giving employees greater control over their finances.
Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies, a leading RegTech company, has teamed up with HSBC Expat, a branch of HSBC Bank specialised in services for expatriates, excels in offering tailored banking solutions across the globe.
FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.

FinTech funding flourishes amid diverse week for deal activity

FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.
Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna, an AI-powered global payments network and shopping assistant, and Milkywire, an environmental impact platform, have launched the Nature Transformation Fund.

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