Autonomous checkouts platform Standard Cognition acquires DeepMagic
Autonomous checkout service provider Standard Cognition has acquired DeepMagic to support its own platform.
Promise closes $20m Series A to support its goal of updating government payment systems
Payment technology developer Promise has scored more than $20m in its Series A round which will help its goal of bringing update government payment systems.
BlueSnap, BitPay partner to improve crypto payments
Global payment orchestration platform BlueSnap has partnered with BitPay, a bitcoin and cryptocurrency payment services provider, to improve access to crypto business payments.
Goldman Sachs said to buy digital credit card company Final
Goldman Sachs has reportedly agreed to acquire digital credit card developer Final to help the bank expand its consumer efforts.
Klarna launches customer loyalty programme Vibe
FinTech unicorn Klarna has unveiled plans to launch a new customer loyalty programme called Vibe later this summer in what could be a first for a buy now, pay later service provider.
Rapyd to acquire payments firm Valitor for $100m
US payments network Rapyd is set to purchase Icelandic company Valitor from Arion Bank in a $100m deal.
Foxintelligence picks up €6m funding round
France-based Foxintelligence has reportedly picked up a €6m in funding
PPRO Group closes $50m round led by PayPal
UK-headquartered PPRO Group, a cross-border payments processor, has closed an investment round of $50m.
Macy’s invests in European FinTech decacorn Klarna
Just a few weeks after Klarna was named Europe's most valuable FinTech company on the back of a $650m round, the Swedish decacorn has now received new investment from Macy's.
Challenges ahead for cross-border commerce
UK-cross border retail has declined by 71%, according to research by payments platform Adyen.