B2B Payments

African payments firm PawaPay has raised $9m from a seed funding round led by MSA and UK investment fund 88mph.

Australian buy now, pay later (BNPL) company Zip has invested $50m into Indian BNPL firm ZestMoney to expand its global grip on the payment market.

Payment solution provider ACI Worldwide has launched a new technology solution to combat the growth of real-time payments fraud in the payments market.

London-based DigiDoe, which aims to revolutionise the world’s outdated payments infrastructure, has collected £850,000 from new investors.

Ramp, a finance automation platform and corporate card designed to help businesses spend less, has raised $750m in financing, bringing its valuation to $8.1bn.

Carbon Bank, a credit-led Pan-African digital bank has launched a new buy now, pay later (BNPL) web app. 

MaxAB, a food and grocery B2B e-commerce and distribution platform based in Egypt, has raised $40m in pre-Series B equity funding to fuel its expansion.

Web 3.0 could transform the way cross-border payments work, allowing money to be transferred more seamlessly.  

Sunrate, described as an intelligent global payment and treasury management platform, has proudly announced securing a significant investment from Prosperity7 Ventures. The growth fund, operating under Aramco Ventures, took the lead in Sunrate's latest D-1 funding round.

Interac, the renowned Canadian debit network, is taking a significant step forward by expanding access to its e-Transfer service.