Brex-rival Ramp more than doubles valuation to $3.9bn after Thiel’s Founders Fund-led round
FinTech startup that offers corporate cards and software for managing employee expenses Ramp valued at $3.9bn after a $300m funding round led by billionaire Peter Thiel’s Founders Fund.
BNPL market gets new big player as Mastercard launches Installments
Mastercard has entered the buy now, pay later (BNPL) market after it unveiled flexible payment platform Installments in the US, the UK and Australia.
Zepz looks to new geographies following $292m Series E
UK cross-border payments platform Zepz has secured $292m from a Series E funding round that has pushed its valuation up to $5bn.
PPRO scores $50m in funding after a year of strong growth
PPRO, a local payments platform-as-a-service, has closed a $50m funding round after witnessing an 85% increase in transaction volume.
Chinese regulators halt Ant’s IPO
The Ant Technology Group's public listing was expected to be the biggest IPO ever, but now Chinese regulators have suspended the stock market debut.
Trendyol secures Decacorn status following Softbank-backed funding round
Turkish e-commerce platform Trendyol has become Turkey’s first Decacorn company after recent funding of $1.5bn lifted its valuation to $16.5bn.
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.
Heidelpay buys POS payment specialist StarTec
Private equity-backed Heidelpay, a German payment service provider in ecommerce, has purchased POS payment specialist StarTec as part of its ‘industry sector consolidation strategy’.
Royalty Exchange raises $6.4m to help expand product offering
Online music royalty marketplace Royalty Exchange has raised $6.4m to help expand its staff and technology.
EU plans to roll-out digital wallet for payments by 2022
The European Union has revealed it intends to introduce a new digital wallet that will be available for use across all 27 member states by 2022.
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