Does regulation pose a threat to buy now, pay later market growth?
The BNPL market has seen a financial boon in recent years, creating market leading behemoths like Klarna, Affirm and Afterpay – who are all recording strong growth on the back of clear market demand. Could a growing call for regulation in the sector change this?
Micro payments service Shrap unveils pilot program to examine future of cash
A pilot program by UK micropayments firm Shrap has begun two pilot programs in Essex and Denny, Scotland to trial and test scalable solutions to help keep cash sustainable.
Dwolla reels in $21m to customise money transfer options for FinTechs and brands
Iowa-based modern payments platform provider Dwolla raised $21m in funding.
Revolut unveils earned wage platform to provide instant money access
UK FinTech firm Revolut is set to launch Payday, an earned wage access platform that will enable employees to track and have instant access to the money they have earned.
SellersFunding closes sizable Series A on $166.5m
SellersFunding has reportedly raised $166.5m in a sizable Series A round, which will bolster its international growth.
Extend snares $40m from March Capital-led Series B
Digital payments infrastructure platform Extend has secured $40m from a Series B fundraising round.
Thoma Bravo to acquire PayTech Bottomline in $2.6bn deal
Private equity firm Thoma Bravo has entered a deal to acquire business payments company Bottomline Technologies in an all-cash transaction worth $2.6bn.
Zebec secures funding for DeFi payment solution
Zebec, a continuous and programmable cash stream protocol on Solana, has raised $15m in funding to scale its payment solution.
European open banking PayTech Token.io nets $40m
Open banking payments platform Token.io has scored $40m in its Series C funding round, as it looks to boost the shift to open banking.
Axle Payments rebrands, closes Series B for financial enablement
Axle Payments, a financial enablement platform for the freight and logistics industry, has rebranded to Denim. Alongside this, it closed its Series B on $126m.