E-commerce

Digital payments network MFS Africa has entered an agreement to acquire Global Technology Partners (GTP).

A quarter of UK consumers that had a declined payment in the past 12 months have no idea why it happened, according to research from global PayTech Trustly.

Carrot, a digital insurance platform, has partnered with e-commerce shopping platform Naver for shipment return insurance.

Southeast Asia-focused payments infrastructure platform Xendit has closed its Series D funding round on $300m.

The value of end-user spend on digital goods via carrier billing is expected to exceed $74bn by 2026, a significant increase from $54bn in 2022, according to a report from Juniper Research.

Meta is to rebrand Facebook Pay as Meta Pay in a bid to bring it closer to the Meta brand alongside enhancing the payment experience.

LatAm-focused full-stack payments and digital payment platform Dock has reached a $1.5bn valuation after the close of a $110m growth round.

Opn, a payment experience solution developer, has rebranded from SYNQA alongside the close of its $120m Series C+ funding round.

Xepelin, a payment platform and business financial services for small to medium sized enterprises (SMEs) in Latin America, has raised $111m in Series B funding.

Funding Circle founder Samir Desai has reportedly secured $30m to support the development and launch of his new app – Super Payments.