Axle said to raise $1.4m in pre-seed funding
Axle, a payments service for small freight brokers, has reportedly secured $1.4m in its pre-seed funding round.
Cross-border payment tech developer Currencycloud collects $80m in round
Cross-border B2B payments company Currencycloud has collected $80m as it looks to enter the next phase of its growth.
Payment company MoneyGram has signed a partnership with LuLu Money
MoneyGram has kept on growing since Ant Financial bought the payment company in 2017 for $880m. Now it plans to power that growth with a new partnership with non-banking finance company LuLu Money.
Open banking platform Tink raises new €90m investment round as Nordic FinTech sector matures
Having just filled its war chest with €90m of fresh capital, Swedish banking portal Tink is gearing up to roll out its services across...
How Marqeta and Mastercard team up could spell out great news for European challenger...
Payments platform Marqeta has become a certified Mastercard processor and this could give European challenger banks reason to celebrate.
Tradeshift scores $240m in a mix of debt and equity
Tradeshift, a technology solution for supply chain payments, has scored $240m in a round made of equity and debt.
PayU buys controlling stake in FinTech PaySense at a $185m valuation
Dutch PayTech company PayU has acquired a controlling stake in Indian FinTech startup PaySense. It plans to merge it with its consumer lending business...
HyperPay closes funding to support growth across Egypt and GCC
HyperPay, a Saudi Arabia-based payment service provider, has closed an eight-digit funding round.
Chipper Cash bags $6m in seed round
P2P payment startup Chipper Cash has secured new investment to expand into new African markets.
Nubank is telling customers to stop trying to use digital wallets to delay payments
Brazilian challenger bank Nubank has indirectly told off some of its clients for trying to trick the system.