Oliver Wyman to boost digital payments expertise with Innopay acquisition
Oliver Wyman, a premier global management consulting firm and a part of Marsh McLennan, has announced its decision to acquire Innopay, a consultancy renowned for its specialisation in digital transactions.
Danish FinTech firm Flatpay secures $47m to enhance simple payment solutions for SMEs
Flatpay, a Danish company focusing on payment solutions, has successfully secured $47m. The investment was led prominently by Dawn Capital alongside participation from Seed Capital and several unnamed investors.
PayPoint invests £1m in Open Banking innovator Aperidata
PayPoint, a prominent multichannel payments provider, has announced a £1m investment in Aperidata Ltd, an innovative consumer and business credit reporting and Open Banking platform.
Nvoicepay grabs $10m to automate enterprise payments
Enterprise payments provider Nvoicepay has landed $10m in a growth equity funding round. The investment comes from Napier Park Financial Partners.
Thoma Bravo acquires payment processor ABC Financial
Payment processing solution provider ABC Financial Services has been acquired by Thoma Bravo for an undisclosed amount.
Brex picks up $125m in its Series C to support launch of reward service
Corporate card for startups Brex has raised $125m in its Series C round to support the launch of its rewards services.
Swedish unicorn Klarna becomes valued at $5.5bn after raising a $460m equity round
Klarna, the payment and banking company, has raised $460m in a new equity funding round, which has pushed its valuation past the $5.5bn mark and makes it Europe’s largest FinTech enterprise.
GoCardless and Recurly join forces
Recurring payments FinTech GoCardless has announced that it has signed a strategic partnership with Recurly, the platform powering subscription commerce. The deal will enable the...
Klarna is launching in Australia and grabs $200m in new investment from Commonwealth Bank
The Swedish FinTech unicorn Klarna is launching in Australia with the backing of one of the country’s four biggest banks.
Karbon Card said to raise $1m in its seed stage
Karbon Card, which offers a corporate card for startups in India, has reportedly raised $1m in its seed stage.