Square to launch a new paid subscription, Invoices Plus
Payment giant Square is expected to launch Invoices Plus, a paid subscription service that will include extra features such as those previously available with the free service.
Standard Chartered pumps $500m into Atome to fuel BNPL rollout in Asian markets
Standard Chartered has inked a 10-year partnership with Atome Financial to help the company introduce its buy now, pay later (BNPL) service in select Asian markets.
Thoma Bravo to acquire PayTech Bottomline in $2.6bn deal
Private equity firm Thoma Bravo has entered a deal to acquire business payments company Bottomline Technologies in an all-cash transaction worth $2.6bn.
Real-time payment app Banked scores Series A
Banked, a global real-time payments network, has closed its Series A funding round on $20m.
LatAm-focused PayTech Dock hits $1.5bn valuation
LatAm-focused full-stack payments and digital payment platform Dock has reached a $1.5bn valuation after the close of a $110m growth round.
Ghana-based Zeepay bags $10m investment
Ghana-based PayTech company Zeepay has reportedly raised $10m in a funding round.
Indonesian FinTech startup FLIK collects $1.1m in pre-seed
FLIK, an Indonesian FinTech platform that offers a unified checkout solution, has reportedly secured $1.1m in its pre-seed funding round.
Microsoft Teams users can now accept payments with GoDaddy Payments
Tech giants Microsoft and GoDaddy have announced a strategic partnership that will enable digital transactions during virtual meetings. Customers of both companies will be able to carry out secure payments while conducting virtual meetings through Microsoft Teams. The financial details of the deal were not disclosed.
eCommerce company Benitago reportedly files for bankruptcy
New York-based eCommerce company Benitago has reportedly filed for bankruptcy, less than two years after raising $325 million in funding.
Magnati and TerraPay join forces for revolutionary cross-border payment solutions
Magnati, a renowned payments company in the Middle East, has joined hands with TerraPay, a global leader in cross-border payment networks.