PPRO scores $50m in funding after a year of strong growth
PPRO, a local payments platform-as-a-service, has closed a $50m funding round after witnessing an 85% increase in transaction volume.
Orum closes first institutional investment to support launch of flagship product
Orum is a new FinTech platform that has the aim of improving the real-time moving of money and has reportedly raised its first institutional investment to support its development.
EDPIA names SIA as newest member of its payments alliance
The European Digital Payments Industry Alliance (EDPIA) has named payments infrastructure developer SIA as the latest member of the group.
Hong Kong-based Neat nets $11m Series A round
FinTech startup Neats has its mind set on upping its cross-border transaction service for SMEs after raising $11m in a series A round.
EMQ bags $20m in its Series B as it looks to increase its international...
Global financial settlement network EMQ has bagged $20m in Series B preferred shares, which will help it with licensing activities in Asia, Europe and the Americas.
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.
Wirecard executive reportedly hiding in Moscow under GRU protection
Jan Marsalek, former COO of disgraced FinTech Wirecard, is reportedly hiding in Moscow, protected by the Russian secret service.
Morocco-based OnePay secures $417,000 funding round
Moroccan FinTech company OnePay has reportedly bagged $417,000 in funding from MITC Capital Maroc Numeric Fund II, which is targeting startups in Morocco.
Virtual card provider Privacy.com closes Series A on $10.2m
US-based virtual card platform Privacy.com has scored $10.2m in its Series A round, which was led by Teamworthy Ventures.
Barclaycard inks partnership with FreedomPay
Payment company Barclaycard is looking to provide a seamless end-to-end payment experience to its customers through its new partnership with FreedomPay.
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