Mobile Payments

Iowa-based modern payments platform provider Dwolla raised $21m in funding.

WhenThen, a Dublin-based FinTech founded by former Mastercard employees, raised $6m in seed funding co-led by European venture capital firms Cavalry and Stride.VC.

Singaporean cross-border payments firm Thunes has acquired European payment methods platform Limonetik for an undisclosed fee.

Visa has entered an agreement to purchase cross-border payments technology provider Currencycloud for a total of $700m.

Percent, an API-provider allowing firms to customers to donate to good causes, has secured a $5m venture round led by Morpheus Ventures, allowing it to expand in the US, as well as its existing presence in the UK and Australia.

UK FinTech firm Revolut has widened its market presence after it rolled out a booking service for the travel industry.

UK PayTech firm Soldo has closed a $180m Series C funding round led by investor Temasek.

Mastercard has launched a payment gateway created to provide easier access for companies that connect to the UK’s Faster Payments Network.

A study by Juniper Research has found around 53% of the global population will access digital banking services in 2026.

Florida-based startup Play2Pay raised $13m in a Series A funding round led by Telesoft Partners with participation from Harbor Spring Capital.