Tribe, ClearBank partner to bolster banking access for FinTech companies
Tribe Payments has teamed with ClearBank to leverage the latter’s banking-as-a-service platform to help provide Tribe’s customers with improved access to payment schemes.
Token driving UK open banking payments expansion, research finds
Market share statistics by CMA9 – the nine largest UK banks – has found open banking platform Token is driving the adoption of open banking payments in the country.
Brex-rival Ramp more than doubles valuation to $3.9bn after Thiel’s Founders Fund-led round
FinTech startup that offers corporate cards and software for managing employee expenses Ramp valued at $3.9bn after a $300m funding round led by billionaire Peter Thiel’s Founders Fund.
Emerging markets set to lead mobile wallet uptake by 2025
A global study by Boku has found that emerging markets in Latin America and Africa and the Middle East are set to see the largest uptake in mobile wallets by 2025.
One of Canada’s fastest growing companies Float secures Series A
Float, a no personal guarantee corporate card supplier, has secured $30m in its Series A funding round.
PayTech CellPoint bags $25m to fuel international expansion
Digital commerce and payment provider CellPoint Digital has scored $25m in funding from an equity financing round.
Medius nabs minority investment from PE firm Advent International
Medius, which offers source to pay solutions, has received a minority investment from private equity firm Advent International.
British cross-border payment startup Kapaga bags ?1.5m
UK-based cross-border payment platform Kapaga has raised ?1.5m in a funding round led by Tiger Global.
BlueSnap, BitPay partner to improve crypto payments
Global payment orchestration platform BlueSnap has partnered with BitPay, a bitcoin and cryptocurrency payment services provider, to improve access to crypto business payments.
ShopUp lands $30m to streamline B2B commerce
ShopUp, a Bangladeshi B2B commerce platform, has netted $30m in debt financing to build supply chain infrastructure and expand services to SMBs.
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