Ping

PayTech platform Ping scores $15m

Ping, a global payment platform for freelancers and contractors, has netted $15m in a seed funding round. 
KodyPay closes pre-Series A to transform payment acceptance

KodyPay closes pre-Series A to transform payment acceptance

KodyPay, which is helping to simplify in-person payment acceptance, has raised $5m in its pre-Series A funding round.
Contactless mobile payment users to exceed 1 billion by 2024

Contactless mobile payment users to exceed 1 billion by 2024

The total number of unique contactless mobile payment users will reach one billion for the first time in 2024, according to a report from Juniper Research.
Nigerian PayTech Paga launches Visa physical and virtual cards

Nigerian PayTech Paga launches Visa physical and virtual cards

Nigerian payments and financial services company Paga has launched its Visa cards, which come in both physical and virtual forms.
Kudos-raises-funding-for-consumer-wallet-shopping-online

Smart wallet Kudos secures $7m

Kudos, a smart wallet that maximises consumer rewards and benefits while shopping online, has raised $7m in seed funding.
JP-Morgan-backs-gaming-industry-PayTech-Sightline-Payments

J.P. Morgan backs gaming industry PayTech Sightline Payments

Sightline Payments, a FinTech focused on payments technology for the gaming industry, has completed a strategic investment from J.P. Morgan Payments.
Mexico-based-PayTech-app-Nelo-raises-$100m

Mexico-based PayTech app Nelo raises $100m

Nelo, which offers a consumer payments platform for online purchases in Mexico, has secured a $100m credit facility.
Financial-services-fear-fraud-rise-with-cost-of-living-crisis

Financial services fear fraud rise with cost-of-living crisis

Nearly half (43%) of financial services expect the cost-of-living crisis to increase the risk of financial crime and fraud over the next 12 months.
Satispay-payments-network-italian-unicorn-€320m-Series-D-funding

Satispay becomes Italian unicorn with €320m raise

Satispay, a Milan-based payment network, has raised €320m in Series D funding, exceeding a €1bn valuation.
Payall-$10m-seed-round-led-by-Andreessen-Horowitz

Andreessen Horowitz backs cross-border PayTech Payall

Payall, a bank processor for cross-border payments and international money transfers, has closed a $10m seed round led by Andreessen Horowitz (a16z).

News Stories

5-questions-to-ask-during-compliance-budget-building

5 questions to ask during compliance budget building

As companies start preparing for 2023, budgets are often a major talking point. Red Oak Compliance has outlined the five questions companies need to be asking when building the compliance budget.
law

Law enforcers link in global money laundering crackdown

Law enforcement from 25 countries have linked to crack down on money mules and their recruiters.
Intuit acquires SeedFi to bolster Credit Karma solution

Intuit acquires SeedFi to bolster Credit Karma solution

Intuit, a developer of multiple leading FinTech services, has acquired SeedFi, which is the partner behind Credit Karma’s Credit Builder solution.
secjur

German compliance firm secjur lands €5.5m

secjur, a Hamburg-based provider of an AI-powered compliance automation platform, has scored €5.5m in seed financing.
FCA

FCA hits Julius Baer International with £18m fine

The Financial Conduct Authority (FCA) has slapped Julius Baer International, an investment advisory and wealth manager, with an £18m penalty.

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