Axis Bank rolls out wearable contactless payment device Wear ‘N’ Pay

In a bid to encourage the mainstream adoption of cashless transactions, India-based banking group Axis Bank launched its own range of wearable contactless payment devices, called Wear N Pay.
Conduent launches Digital Integrated Payments Hub

Conduent launches Digital Integrated Payments Hub

Conduent Incorporated, a technology-powered process solutions company, has collaborated with BNY Mellon to launch a new Digital Integrated Payments Hub.

OMERS Ventures leads $5m Series A to OpenBazaar

OMERS venture capital arm has led the $5m Series A funding round in to OpenBazaar, a blockchain-based P2P marketplace.

Morocco-based OnePay secures $417,000 funding round

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

BharatPe bags debt funding just weeks after its Series E close

Merchant payments and financial services provider BharatPe has reportedly received $27m in debt funding, less than a month after closing a $370m investment.

Payment platform Simpl closes funding round

India-based online payment platform Simpl has raised its latest funding round, in an undisclosed amount.

Paddle said to raise $8m in new funding to support team expansion

Paddle, which provides e-commerce platforms with payment processing tools, has reportedly raised $8m in a new funding round.

PhonePe partially spins out of Flipkart and raises $700m

PhonePe is partially spinning out from Flipkart and has raised $700m in a round led by Walmart and supported by prior investors.

UK-based Slip slides to pre-seed close ahead of summer launch

UK-based Slip, which hopes to transform retail for businesses and consumers, has scored ?750,000 in pre-seed funding ahead of its launch this summer.

Grotech Ventures leads DirectScale’s $8.5m Series B round

DirectScale, which provides a cloud-based platform to meet the needs of the direct and social sales industry, has closed an $8.5m Series B funding round.

News Stories


Medius strengthens spend management offering through AI-powered Expensya acquisition

Medius, an eminent provider of accounts payable (AP) automation based in Stockholm, Paris and Tunis, has disclosed plans to acquire Expensya, an expense management software enterprise.
C6 Bank launches Brazil's first automatic carbon calculator

C6 Bank launches Brazil’s first automatic carbon calculator

C6 Bank, a progressive Brazilian financial institution, has taken a significant step towards sustainable banking by introducing the country's first automatic carbon footprint calculator product.

Digital trade finance platform Mitigram bags $11m, eyeing accelerated growth

Stockholm-based Mitigram, delineated as the pioneering force in the realm of digital platforms dedicated to global trade financing, has raised $11m in fresh funding.
Payrails scales FinOps with $14.4m funding led by EQT Ventures

Payrails scales FinOps with $14.4m funding led by EQT Ventures

Payrails, a Berlin-based FinTech firm providing a robust payment operating system for global platforms, announced today its successful fund-raising effort.

LendingStandard accelerates with a $6.7m boost in funding

LendingStandard, a Kansas City-based startup, has secured $6.7m in a fresh funding round. 

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