B2B Payments

Visa, a global leader in digital payments, announced today the relaunch of its Visa SavingsEdge program, designed to add substantial value for small businesses in the US and Canada.

Payments and lending business Innoviti has received $18m in its Series B funding round led by Singapore-based SBI FMO, Bessemer Venture Partners and Catamaran.

Crowdz, a B2B e-commerce transaction network based on blockchain and artificial intelligence, has reportedly raised new funding.

Global payments technology company FSS (Financial Software and Systems) has teamed with QRails to improve authentication in payments.

Revolut has announced plans to open a customer operation centre in Porto, Portugal. The move will create 400 new jobs, according to the payments app.

FinTech in Africa is on the rise. The latest sign is DPO Group noticing a 35% spike in digital transactions during Black Friday in South Africa.

As COVID-19 rages on across the world, the affects on the FinTech segment of the economy is already letting itself be known.

Mobile cross-border money transfer startup Chipper Cash plans to hire 30 more staff members after bagging $13.8m in fresh capital.

Singapore-based FinTech startup Thunes has secured $60m in a Series B funding round led by Helios Investment Partners.

Last week’s 32 FinTech rounds highlight how Latin America is exploding with new activity, how open banking has nudged closer to being fully adopted across Europe and the rising popularity of teen-focused ventures.