Business card and expense management startup Ramp raised $115m at a valuation of $1.6bn, making it the latest entry in the growing list of unicorns this week.
JP Morgan has partnered with DBS Bank and Singapore government-owned firm Temasek to introduce a new joint payments company.
Columbian buy now, pay later (BNPL) firm Addi has snared $65m in debt and equity funding.
Mastercard has collaborated with Bilt Rewards to launch Bilt Mastercard - a credit card that offers no fees on rent payments.
Paystand collects $50m Series C funding to support enhancement of blockchain-powered payment network
Paystand, a blockchain-enabled payment network for businesses, has closed its Series C round on $50m, coming off the back of its triple-digit growth.
Merchant payments and financial services provider BharatPe has reportedly received $27m in debt funding, less than a month after closing a $370m investment.
Open banking firm Zūm Rails has introduced a new set of anti-fraud tools to bolster the security of its Instant Deposit feature on its platform.
Credit card business Deserve has secured an undisclosed strategic investment from Visa as the former seeks to expand access to its credit-card-as-a-service solution.
The Bank of Indonesia has launched a new retail payments system to help cut the cost of money transfers and support the growth of the digital economy.
Banking unicorn Zeta has formed a five-year global partnership with Mastercard, which will see the pair of firms jointly launch credit cards.