UK contactless payment limit set to climb to £100 by October 2021
People in the UK will be able to make contactless payments up to a new limit of £100 from the 15th of October 2021.
BNPL market gets new big player as Mastercard launches Installments
Mastercard has entered the buy now, pay later (BNPL) market after it unveiled flexible payment platform Installments in the US, the UK and Australia.
James Corden-backed Imprint lands ?38m from Series A funding haul
Branded payments company Imprint has secured ?38m from a Series A funding round backed celebrity James Corden and payment giant Stripe.
Spend management giant Brex breaks decacorn status
US-based corporate spend management firm Brex, has raised an additional $300m in a Series D-2 round led by Greenoaks Capital and Technology Crossover Ventures (TCV).
Zepto collects Series A funding to transform payments landscape
Zepto, an Australian account-to-account merchant payments platform, has raised AUD$25m in Series A funding.
Czech FinTech 4Trans secures €18m
4Trans, a Czech-based FinTech specialising in financial products for supply chain and logistics companies, has raised €18m.
Reap lands $40m for financial connectivity
Reap, a FinTech powering global financial transactions through the industry's first Reap Visa Corporate Card (“Reap Card”) platform, has raised $40m in Series A funding.
Brazilian PayTech Barte said to raise $3m seed
Brazilian PayTech startup Barte has reportedly raised $3m in its seed funding round to help bolster its position in the country.
Thunes secures $72m in series C round bolstered by Visa, EDBI, and Endeavor Catalyst
Global B2B payment platform, Thunes, has successfully augmented its series C funding round. Established with a mission to tackle the challenges of international money transfers, Thunes is developing a new-generation payment system designed to be secure, instantaneous, and transparent.
Thunes joins forces with Access Africa to facilitate seamless transactions
Access Africa, a payment product developed to simplify global payments through various channels including P2P and B2B, and Thunes, a payment infrastructure platform that proficiently connects over 130 countries into a unified network, have collaborated to amplify and streamline cross-border payment services across 13 African countries.