PayTech Currencycloud set to be acquired by Visa in $700m deal
Visa has entered an agreement to purchase cross-border payments technology provider Currencycloud for a total of $700m.
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.
Revolut expands market footprint with move into the travel sector
UK FinTech firm Revolut has widened its market presence after it rolled out a booking service for the travel industry.
Soldo rakes in $180m from Temasek-led Series C
UK PayTech firm Soldo has closed a $180m Series C funding round led by investor Temasek.
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.
Digital banking use to exceed half of global population in 2026, study finds
A study by Juniper Research has found around 53% of the global population will access digital banking services in 2026.
Novus bags FCA approval to launch sustainable banking app
UK FinTech Novus has secured regulatory approval from the Financial Conduct Authority (FCA) to launch as a company later this year.
ProjectPay unveils platform to streamline construction industry payments
UK payment platform ProjectPay has introduced a software-as-a-service (SaaS) platform to help simplify and streamline payments in the building and construction industry.
Boubyan unveils mobile-only Islamic bank in UK market
Kuwaiti-based Boubyan Bank has introduced a digital-centric, Sharia-compliant bank in the UK.
Alessa chosen by payments firm Vitesse to bolster transaction security
International payments provider Vitesse has picked Alessa by Tier1 Financial Solutions to help enable secure real-time global payment transactions.