B2B Payments

International payments company Airwallex has closed a $6m investment from Square Peg Capital, as part of a new partnership.

Cross-border B2B payments company Veem has raised $25m in a strategic investment round to fuel its growth.

Anglo-Gulf Trade Bank is a new venture supported by Microsoft and Publicis Sapient, the digital business transformation hub of Publicis Groupe, the communications group.

The global market for merchant payment platforms is seemingly in for a good time even though the risk of payment fraud is expected to...

Axle, a payments service for small freight brokers, has reportedly secured $1.4m in its pre-seed funding round.

As the COVID-19 crisis continues to grow, spend management platform Soldo has launched a new solution named Soldo Care to enable governments, local authorities, and NGOs to distribute emergency aid to vulnerable citizens via Mastercard prepaid cards.

Moroccan FinTech company OnePay has reportedly bagged $417,000 in funding from MITC Capital Maroc Numeric Fund II, which is targeting startups in Morocco.

Global payments technology developer Silverflow has closed a €3m investment to support its launch in 2021.

Routefusion, which enables companies to embed cross-border payments within their applications, has scored $3.6m in its seed round.Silverton Partners served as the lead investor,...

Visa is in legal hot water as it faces a regulatory investigation by the US Department of Justice (DOJ) over concerns of whether it is using anticompetitive practices in the debit card market.