E-commerce

Payments firm SlimPay and open banking platform Tink have teamed up to provide merchants access to open banking powered account-to-account payments.

PayTech startup Pomelo, which aims to improve money transfers, has reportedly raised $20m in seed funding, alongside a $50m warehouse facility.

Ghana-based PayTech company Zeepay has reportedly raised $10m in a funding round.

India-based payment service MobiKwik has reportedly secured INR 35 crore ($4.3m) in debt from Blacksoil Capital.

India-based Twid, which is on a mission to revolutionise how loyalty and rewards are used, has raised $12m in Series A funding.

Banking unicorn Zeta has formed a five-year global partnership with Mastercard, which will see the pair of firms jointly launch credit cards.

South Korea-based FinTech Openull has raised an undisclosed amount in a pre-Series A funding round.

Global payment technology provider Global Payments will acquire fellow PayTech solution developer EVO in a $4bn deal.

Video game commerce company Xsolla has launched a new payments solution that will boost cross-platform branded payments.

There will be 5.2 billion digital wallet users by 2026 – up from 3.4 billion in 2022 – as ‘superapps’ drive adoption in developing countries, according to research from Juniper Research.