Tinvio said to raise $12m to develop financial services for supply chain merchants
With the aim to launch financial services, including financing and credit card issuing, Singapore-based startup Tinvio raised a $12m Series A led by AppWorks Ventures.
China-based XTransfer collects $15m in its Series B round
XTransfer, a cross-border financial services for China-based foreign trade enterprises, has collected $15m in its Series B round.
balance bags $25m in its Series A
balance, a B2B checkout platform, has reportedly scored $25m in its Series A funding round, which was led by Ribbit Capital.
Payment platform Amaryllis lands Series B
Amaryllis Payment Solutions, which provides a payment facilitation platform, has raised $10m in Series B funding.
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.
Openpay has officially launched in the US
Klarna and Afterpay just got more competition in the US as Australian buy now, pay later provider Openpay has just kicked off its operations in the country.
Nexi, Fiskl collaborate to bolster open banking services
FinTech mobile platform Fiskl has partnered with PayTech leader Nexi to bolster the latter’s open banking offering.
Marqeta closes Series C funding round on $25m
California-based Margeta has closed its Series C funding round on $25m, led by Visa.
RedCard Holdings receives investment from Parthenon
Claims communication and payments company RedCard Holdings has received an investment from Parthenon Capital Partners.
Episode Six joins forces with Mastercard to revolutionise BNPL offerings in Europe
Episode Six (E6), a leading global provider of enterprise-grade payment processing and ledger infrastructure, has been selected to join the Mastercard Engage Programme for its instalments solution in Europe.