Zaver banks $5m to facilitate cardless and BNPL payments in the durables sector
Zaver, a Swedish FinTech enabling merchants to accept cardless payments and offer buy-now-pay-later (BNPL) services, raised $5m in new funding.
Bunq, Volt partner to bolster open payment technology
Dutch challenger bank Bunq has partnered with London-based payments company Volt to provide a faster way for Bunq customers to transfer money from other accounts.
Zeta secures unicorn label following $250m Series C
Indian neobank startup Zeta has received unicorn status after a $250m Series C funding round took it to a $1.45bn valuation.
Freight payment platform PayCargo pulls in $125m to speed up international expansion
Freight payment platform PayCargo raised $125m in Series B funding to continue developing its cloud-based payments network.
Mastercard unveils new payment gateway to simplify Faster Payments access
Mastercard has launched a payment gateway created to provide easier access for companies that connect to the UK’s Faster Payments Network.
Triodos taps SurePay solution to prevent fraud, misdirected payments
Triodos Bank UK has selected SurePay’s Confirmation of Payee solution with the aim of reducing fraudulent and misdirected payments on its service.
Late payments can create dangerous ‘domino effect’ across entire supply chain
A recent survey conducted by PayTech firm GoCardless found 86% of respondents agreed that one late payment can impact everyone in the supply chain.
Pagos collects $10m in seed funding
Pagos, which develops data and insight SaaS technology to improve payments infrastructure, has collected $10m in seed funding.
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.
Majority of UK credit card holders plan to use BNPL in 2022
Research by Splitit has found that 54% of UK credit card users plan to use buy now, pay later (BNPL) services this year.
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