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.
Nearly £2bn lost annually by online retailers due to lack of available payment methods
A survey by Merchant Advice Service has found over £1bn is lost every year by online retailers due to a lack of available payment methods.
Paysafe to acquire SafetyPay in $441m all-cash deal
Specialised payments platform Paysafe has bolstered its payments footprint after it signed an agreement to purchase ecommerce payments company SafetyPay for $441m in cash.
BNPL player Zilch secures US market foothold with NepFin purchase
UK buy now, pay later (BNPL) company Zilch has entered an agreement to acquire FinTech startup NepFin as it prepares to enter the US market.
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.
Santander initiates cash management app roll-out in the UK
Santander has started the roll-out of its CashFlow Manager app for businesses in the UK market.
Currencycloud, FxPro partner to launch new e-money business
Cross-border payments firm Currencycloud has partnered with global broker FxPro to offer a new e-money service called BnkPro.
Trendyol secures Decacorn status following Softbank-backed funding round
Turkish e-commerce platform Trendyol has become Turkey’s first Decacorn company after recent funding of $1.5bn lifted its valuation to $16.5bn.
Paysafe fortifies payments footprint with PagoEfectivo acquisition
UK specialised payments platform Paysafe has entered an agreement to purchase alternative payments platform PagoEfectivo for an undisclosed fee.
How InsurTech firms and CyberTech startups are leading the FinTech sector among the 34...
While BharatPe’s massive Series E round may have secured the most headlines last week, CyberTech ventures bagged the most capital injections.