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 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.
© Fintech Global © Copyright 2021. All rights reserved.
