Egyptian B2B platform MaxAB bags $40m
MaxAB, a food and grocery B2B e-commerce and distribution platform based in Egypt, has raised $40m in pre-Series B equity funding to fuel its expansion.
Simpl nabs Series B for its payment network
Cardless payment network Simpl has secured $40m in its Series B funding round.
NatWest to block cryptocurrency payments following earlier FCA warning
UK retail bank NatWest will not accept payments in cryptocurrencies, according to the company’s head of risk Morten Friis.
Wirecard working together with WHSmith to expand the retailer’s digital payment offerings
Digital payments solutions company Wirecard has joined forces with WHSmith. Together, the two aim to give the retailer more opportunities to cash in on digital payments.
Klarna global revenue jumped by 31% in the last year
Swedish Klarna became Europe most valuable private FinTech unicorn in 2019 and has kept on growing since.
Payment gateway Peach Payments partners with Capitec
Payment gateway Peach Payments has partnered with Capitec to launch Capitec Pay, a new open banking payment method.
Rapyd snares $300m Series E to accelerate growth and acquisitions
US payments network Rapyd has secured $300m from a Series E funding round led by Target Global.
Telr launches BNPL platform following tabby partnership
Dubai-based payments gateway company Telr introduced a buy now, pay later (BNPL) solution after entering a partnership with compatriot BNPL firm tabby.
Revolut adds Stripe amid global expansion
UK FinTech giant Revolut is to use Stripe, a financial infrastructure platform for businesses, to support payments in the UK and Europe and accelerate its expansion into new markets.
Mylapay, Indian FinTech pioneer, secures $550k in seed funding
Mylapay, a PayTech company based in India, recently announced a successful seed funding round.
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