BP Ventures pumps $11.9m in German in-car payment FinTech Ryd
BP Ventures has invested €10m (nearly $11.9m) in German in-car digital payments provider Ryd. bp’s investment will help ryd strengthen its market-leading position, expand into new international markets and...
trustshare said to raise $3.2m in seed funding
Digital escrow service trustshare has reportedly collected $3.2m in a seed round to help it open its first US office.
Zip continues global expansion with Payflex acquisition
Australian buy now, pay later (BNPL) firm Zip has continued its push for an expanded global presence with the purchase of South African BNPL Payflex.
How can traditional banks deal with the coming wave of embedded finance?
The embedded finance market is currently going from strength to strength. Thanks to companies like PayPal and Klarna, many non-financial institutions are integrating financial services into their platforms. As the sector continues to expand, how can traditional banks compete?
Utah based payment company Clicklease hauls in $63m in Series A Funding
UT-based FinTech company providing payment solutions in the commercial equipment space Clicklease raised $63m in Series A funding led by Sandlot Partners.
Amazon to offer BNPL services to its US market through Affirm alliance
Global retail giant Amazon has partnered with buy now, pay later (BNPL) company Affirm to provide its US customers with a BNPL option at the checkout.
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.
Close to half of all transactions expected to contactless by end of 2022
A report by VoucherCodes has found 47% of all transactions are expected to be contactless by the end of 2022.
Prosus acquires Indian payments company BillDesk in a mega $4.7bn deal
Global consumer internet group Prosus has entered into a new deal with payments FinTech PayU to acquire online payment gateway provider BillDesk for $4.7bn.
UK contactless payment limit set to climb to £100 by October 2021
People in the UK will be able to make contactless payments up to a new limit of £100 from the 15th of October 2021.