Mobile Payments

Ascend Wellness Holdings (AWH), a cannabis operator, has selected ARCA, a cash automation solution provider for financial institutions, retail businesses and self-service kiosks, to streamline its back-office cash management in its retail stores.

Out of the 33 FinTech funding rounds we reported on last week, PayTech companies and lending enterprises were the clear winners.

Banking and payments software startup Weavr has secured £7m in a seed funding round led by VC firm Headline.

A study by US mobile payments firm Boku gr has found that more than one in two people globally will use a mobile wallet by 2025.

York-based FinTech startup fidomoney has launched its business current account service to consumers in the UK.

Instant invoice payment firm Previse has partnered with e-invoicing business Pagero to enable instant, embedded finance to be delivered on the latter’s open business network.

South Korea-based mobile payment company Kakao Pay has filed for an IPO on the Korea Composite Stock Price Index (KOSPI).

Sweden's financial watchdog Finansinspektionen is investigating payments firm Klarna over a potential breach of banking secrecy laws in connection with an IT incident at the firm in May.

Copenhagen-based FinTech startup Pleo, an employee credit card and expense solution provider has joined the European’ unicorn’ club after raising Denmark’s biggest ever Series C at $150m.

African FinTech Carbon has entered a five-year strategic alliance with Visa to provide digital and physical issuance of Visa cards to its customers on the continent.