PayPal Ventures invests £9m into Modulr
Payments provider Modulr has added another £9m to its coffers on the back of an investment from PayPal Ventures, which will fund the scaling of the business.
Israel-based UNIPaaS closes its first external batch of funding
UNIPaaS, which provides payment services to digital marketplaces, has closed its first external funding round.
Osu collects ?2.25m in its seed round
Osu, a payment app for self-employed, has reportedly collected ?2.25m in its seed funding round.
Ecommerce fraud losses of $20bn expected in 2021, China to be key fraud market
A new study by Juniper Research has highlighted it expects over $20bn in ecommerce losses this year due to online payment fraud – a rise of 18% compared to 2020.
Revolut Business unveils Invoices to bolster payments in Europe
Revolut Business has launched an invoice feature to help companies in the UK and the EU streamline their payments.
Volt secures $23.5m in its Series A round as it eyes new territories
Volt, an open payments gateway, has scored $23.5m in its Series A round, which will help it expand into new countries.
Currencycloud highlights the rise and evolution of invoice finance
Cross-border payment technology developer CurrencyCloud has recently posted a blogpost detailing the ‘rise and evolution’ of invoice finance.
Rio Ferdinand-backed Sokin unveils subscription payments platform in UK, Europe
London-based PayTech firm Sokin has introduced the first subscription-based global payments solution in the UK and European markets.
pingNpay eyes 2022 launch for global retail micropayments network
pingNpay, a global micropayment network supported by blockchain technology, has revealed it intends to make its network operational by 2022.
Asian market consolidation on the mind of XanPool as it nets $27m Series A
Payment infrastructure builder XanPool has raised $27m from a Series A funding round led by Valar Ventures.