BharatPe bags debt funding just weeks after its Series E close
Merchant payments and financial services provider BharatPe has reportedly received $27m in debt funding, less than a month after closing a $370m investment.
Payment platform Simpl closes funding round
India-based online payment platform Simpl has raised its latest funding round, in an undisclosed amount.
Paddle said to raise $8m in new funding to support team expansion
Paddle, which provides e-commerce platforms with payment processing tools, has reportedly raised $8m in a new funding round.
PhonePe partially spins out of Flipkart and raises $700m
PhonePe is partially spinning out from Flipkart and has raised $700m in a round led by Walmart and supported by prior investors.
UK-based Slip slides to pre-seed close ahead of summer launch
UK-based Slip, which hopes to transform retail for businesses and consumers, has scored ?750,000 in pre-seed funding ahead of its launch this summer.
Grotech Ventures leads DirectScale’s $8.5m Series B round
DirectScale, which provides a cloud-based platform to meet the needs of the direct and social sales industry, has closed an $8.5m Series B funding round.
Nearly 80% of Payments & Remittances investment since 2015 has come from transactions over...
?Total funding in the sector over the last five years surpassed $66bn as digital payment methods become more common.
UK Chancellor examines case for new Britcoin digital currency
UK Chancellor of the Exchequer Rishi Sunak has told the Bank of England (BOE) to look at the case for a potential Britcoin or central-bank-backed digital currency.
Atoa closes pre-seed to give small businesses alternative debit card payments
?UK fintech Atoa Payments is the new startup looking to give small businesses a viable alternative to debit card payments. It has raised $2.2m for its pre-seed round.
CashFlow scoops up payments firm iCheque
Cambridge-based CashFlow is acquiring fellow Silicon Fen payments solution iCheque Network. The terms of the deal are undisclosed.
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