The two PayTechs merging to create a global processing powerhouse
Global issuer processors Paymentology and Tutuka are merging to create the first global issuer-processor that will cover 49 countries worldwide.
Bill-splitting feature to be piloted on Facebook Messenger
Facebook Messenger is set to test Split Payments, a feature that will let users to share the cost of bills and expenses from within a Messenger group chat.
Victor Technologies snaps up funding to launch banking APIs
Victor Technologies has scored $6m in its seed round to support the launch of its banking APIs and Vantage risk platform.
Anchor closes seed, takes on automated billing
Autonomous billing platform Anchor has completed a $15m seed-funding round as it comes out of stealth. The round was led by Rapyd Ventures, the new...
More than half of consumers want more payment choices at the checkout
A recent study by payments platform Paysafe has found 52% of customers worldwide are keen to see more payment options available for use at the checkout.
SME PayTech TruePay collects $32m from Series A raise
Brazilian firm TruePay has secured $32m from a financing raise led by venture capital company Addition. being described as one of the largest ever Series A rounds in Brazil.
Crypto PayTech MoonPay secures $555m in highly subscribed Series A
MoonPay, a company that builds payment infrastructure for cryptocurrencies, has closed a Series A financing raise on $555m.
Could Christmas be the death knell for credit card payments?
A recent report by Klarna has found that one in two UK consumers are planning to discard their credit card entirely for Christmas shopping this year.
Payhawk hits $570m valuation after second largest Series B in CEE
Bulgarian payments and expense solution Payhawk has been valued at $570m after the close of a $112m Series B - the second largest in Central and Eastern Europe.
Experian snaps up InsurTech, PayTech firms in $353m acquisition sweep
Credit rating agency Experian has acquired insurance aggregator Gabi and digital payments business PagueVeloz for a combined sum of $353m.
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