Splitit Payments, a monthly instalment payments solution business, has signed a partnership with Ableton AG, the music software provider.
Thousands of performers on pornography website PornHub have reportedly been cut off from using PayPal’s services.
Standard Chartered has begun a joint venture with Assembly Payments to create new payment solutions.
From challenger banks to stock trading apps, the last week has seen a smattering of both massive funding rounds and smaller seed investments.
Indonesia-based Ayoconnect has reportedly bagged $5m in its pre-Series B round to continue its goal of increasing financial inclusion.
Payments provider Modulr has added another £9m to its coffers on the back of an investment from PayPal Ventures, which will fund the scaling of the business.
UNIPaaS, which provides payment services to digital marketplaces, has closed its first external funding round.
Osu, a payment app for self-employed, has reportedly collected ?2.25m in its seed funding round.
A new study by Juniper Research has highlighted it expects over $20bn in ecommerce losses this year due to online payment fraud – a rise of 18% compared to 2020.
Revolut Business has launched an invoice feature to help companies in the UK and the EU streamline their payments.