Brazil-based Vindi said to bag $1.8m in funding
Brazil-based payment platform Vindi has reportedly closed $1.8m equity round from Bonzano Investimentos’ Criatec2 fund.
Previse nets £800k grant from Scottish Enterprise for new office
B2B payment solution Previse has netted an £800,000 R&D grant from Scottish Enterprise to build a new development centre in Glasgow.
Pivotal Payments rebrands as Nuvei
End-to-end payments company Pivotal Payments has rebranded as Nuvei to reinforce its dedication to its partners.
Ramp Financial said to raise $7m in funding
Ramp Financial, which is building a corporate credit card, has reportedly raised $7m in funding.
Facebook introduces new payment service Facebook Pay
Social media giant Facebook is strengthening its push into the FinTech space by announcing the launch of Facebook Pay, a new way to shop, donate and transfer cash across Facebook, Messenger, Instagram and WhatsApp.
SoftBank-backed OPay struggles with service outages and its customers are not happy about it
Customers of OPay, the Nigerian-based PayTech company, were left unable to tap into their account through the company’s app over the weekend.
Paytronix locks down $10m in new investment round to keep supporting restaurants through the...
Customer experience management company Paytronix Systems has secured $10m in funding to ensure it is on sound financial footing through the COVID-19 crisis.
B2B cross-border payments will not fully recover until 2022 – new research claims
The total value of B2B cross-border payments is expected to reach $35trn in 2022, recovering from the hit to the market caused by the Covid-19 pandemic, according to a new study from Juniper Research.
Neobanks and InsurTech startups among the 23 FinTechs raising money last week
Challenger banks and InsurTech ventures stood out among the 23 FinTech companies that successfully raised money last week.
Mesh Payments said to raise $13m in funding round
Mesh Payments, which claims to be transforming corporate payments, has reportedly scored $13m in funding.
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