Mobile Payments

FinTech firm Fiserv has collaborated with self-service retailer Selecta to enhance and streamline digital payments across Selecta’s points-of-sale.

SoftPOS FinTech startup Phos has secured €2m in funding as it plans a Series A round later in the year.

London-based Paysafe has signed a definitive agreement to acquire German FinTech company, viafintech, in an all-cash transaction.

Lagos-based mobile payment platform OPay reportedly raised $400m in a funding round led by SoftBank Vision Fund 2, valuing it at $2bn.

Nigerian FinTech Alerzo has raised $10.5m from a Series A funding round led by Nosara Capital.

UK cross-border payments platform Zepz has secured $292m from a Series E funding round that has pushed its valuation up to $5bn.

Buy now, pay later (BNPL) firm Klarna teamed with H&M to launch its app and its Pay in 30 days BNPL option in the Polish market.

A quarterly report by the buy now, pay later (BNPL) business Afterpay has estimated that spending share by Millennials and Gen Z will grow to almost 50% by 2030.

UK FinTech firm Revolut is set to launch Payday, an earned wage access platform that will enable employees to track and have instant access to the money they have earned.

Las Vegas-based company that offers digital payments tools in the sports betting and casino gaming market, Sightline Payments completed a $244m funding round valuing it at over $1bn.