Ramp lands $1.6bn valuation after fresh funding from Stripe, Goldman Sachs
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 team with DBS, Temasek to launch joint payments firm
JP Morgan has partnered with DBS Bank and Singapore government-owned firm Temasek to introduce a new joint payments company.
Addi secures $65m funding, enters strategic partnership with Santander
Columbian buy now, pay later (BNPL) firm Addi has snared $65m in debt and equity funding.
Mastercard, Bilt team to unveil new credit card to support renters
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.
BharatPe bags debt funding just weeks after its Series E close
Merchant payments and financial services provider BharatPe has reportedly received $27m in debt funding, less than a month after closing a $370m investment.
Zūm Rails unveils new anti-fraud tools to strengthen payment security
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.
Visa deepens Deserve partnership with new strategic investment
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.
Bank of Indonesia unveils new retail payments system
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.
Zeta, Mastercard partner in 5-year deal
Banking unicorn Zeta has formed a five-year global partnership with Mastercard, which will see the pair of firms jointly launch credit cards.
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