E-commerce

Payments provider Modulr has added another £9m to its coffers on the back of an investment from PayPal Ventures, which will fund the scaling of the business.

Uber has taken another step into the FinTech space by entering into a card-issuing partnership with Marqeta.

While the past few years have seen more consumers embrace digital payments, it seems as if the coronavirus pandemic has made the cashless society even closer than ever.

London-based FinTech Zilch has officially launched its new feature Snooze, giving users the ability to delay repayment on an instalment, or an entire payment plan by between four to seven days.

Europe's most valuable privately owned FinTech company Klarna has rolled out a new iOS price drop widget allowing consumers to stay on top of the latest deals and sales.

Data-driven commerce platform Bango has extended its partnership with Microsoft to support Xbox subscriptions and console sales in time for the holiday period.

Swedish FinTech Trustly is experiencing a growth spurt, having recently picked up a cash injection from BlackRock and expanding to Australia and Canada. It has now tapped Napier to ensure it can maintain the growth in a compliant way.

The Covid-19 crisis may have kicked off a surge in online shopping in the Middle East and North Africa, but e-commerce and digital payments are here to stay an in for a massive boost in 2021, according to new research.

The value of payments that occur on smart home devices is expected to exceed $164bn in 2025, rising sharply from the expected $22bn in 2020, according to a report from Juniper Research.

Challenger banks and InsurTech ventures stood out among the 23 FinTech companies that successfully raised money last week.