Brim Financial rakes in $25m through Series B funding round
Canadian FinTech and certified credit card issuer Brim Financial secured $25m in a Series B round co-led by Desjardins Group and EPIC Ventures.
Axis Bank rolls out wearable contactless payment device Wear ‘N’ Pay
In a bid to encourage the mainstream adoption of cashless transactions, India-based banking group Axis Bank launched its own range of wearable contactless payment devices, called Wear N Pay.
SumUp scores €750m in funding to support acquisition plans
Global payments service provider SumUp has closed a €750m funding round, to support its acquisition plans.
Stripe’s valuation soars to $95bn after $600m fundraise
Online payments technology provider Stripe raised a new $600m funding round that values the company at $95bn, nearly tripling from $36bn since April 2020.
FinTech provider Autobooks draws $25m investment led by MissionOG
Small business payment and accounting services platform Autobooks raised $25m in Series B financing.
Revolut Business launches Expenses to help firms with company spending
Revolut Business has launched Expenses, a tool designed to help business owners stay organised and in better control of company spending.
Capital on Tap launches credit card for small businesses in the US
European digital B2B lender Capital on Tap has partnered with WebBank to launch a business credit card for SMBs in the United States.
Cedar hits $3.2bn valuation after Series D close
Cedar, a financial engagement platform aimed at patients, has hit a $3.2bn valuation following the close of a $200m Series D.
Paytm transforms android phones into contactless card payment machines with new launch
India-based digital payments provider Paytm to allow merchants and retailers use an Android phone as a payments machine for near field communication credit and debit card payment transactions.
FinTech AeroPay scores $5m in funding to support payments in cannabis industry
Digital payments platform AeroPay closed a $5m funding round led by Chicago Ventures.