Paysafe fortifies payments footprint with PagoEfectivo acquisition
UK specialised payments platform Paysafe has entered an agreement to purchase alternative payments platform PagoEfectivo for an undisclosed fee.
Fintrax Group buys up Planet Payment in ?219m deal
Digital payment processing platform Fintrax Group has bought up multi-currency business Planet Payment in a deal worth ?219m ($257m).
Poor payment processes prove perilous, Vyne reveals
Hidden charges, slow speeds, website failures and lack of security are causing 40% of shoppers to abandon their baskets when online shopping, according to...
Currensea launches new business cards with cheap foreign exchange rates
British FinTech Currensea is launching an open banking debit card for small businesses with the goal to empower those ventures to make cheaper international transactions through their existing bank account.
Nexi, Fiskl collaborate to bolster open banking services
FinTech mobile platform Fiskl has partnered with PayTech leader Nexi to bolster the latter’s open banking offering.
Affirm’s stocks soar on first day of trading and pave way for massive growth...
Affirm began trading on the Nasdaq on Wednesday with its shares jumping by more than 100% in the first day, laying the groundwork for huge growth in the buy now pay later space.
Perpule closes seed funding for queue-jumping payments
In-store payments app Perpule has secured $650,000 in Seed funding led by Kstart a sister company of VC Kalaari Capital.
Trustly taps Napier to help with compliance
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.
Robinhood, CRED-backed teen focused neobank FamPay cashes in $38m from Elevation, Sequoia Capital
Teen-focused fintech startup FamPay raised $38m in a Series A funding round, led by Elevation Capital and major participation from existing investor Sequoia Capital India.
Pocket money app for kids, Junio, lands $6m
Digital payments firm Junio, which focuses on managing children’s pocket money, has raised $6m in a pre-Series A funding round.
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