DNA Payments secures £100m capital influx following Alchemy deal
UK FinTech DNA Payments has raked in £100m after it signed an agreement with private equity firm Alchemy Partners.
ABN AMRO develops instant payment tool for gig economy workers
Dutch bank ABN AMRO has created an instant payments service for flexible workers in the gig economy market.
Timex teams with FinTechs to unveil range of contactless payment watches
Watchmaker Timex has partnered with Visa, Tappy and J.P Morgan subsidiary Chase to launch watch straps that can be used to conduct contactless payments.
Kafene said to raise $14m to offer flexible payments and protect customers from debt
BNPL firm Kafene raised $14m in Series A funding to empower flexible ownership for subprime customers.
Messenger adds custom QR codes for P2P Facebook Pay transactions
Facebook Messenger introduced Venmo-like QR Codes and personalised payment links in a bid to enable person-to-person payments with Facebook Pay.
Klarna becomes Europe’s highest-valued private FinTech after netting $639m in funding
Swedish-based BNPL giant Klarna raised more than $639m in a new private fundraising round, led by Japan’s SoftBank, boosting its valuation to almost $46bn.
Bottlepay unveils cross-border payments app in Europe
Real-time global payments system Bottlepay has rolled out its payments app across Europe.
PwC study finds digital transactions are outpacing cash payments
A study by PricewaterhouseCoopers (PwC) has found cashless transaction volumes are expected to outpace cash payments going into 2030.
Dave enters acquisition agreement to speed up IPO plans
US banking app Dave has entered into a partnership with acquisition firm VPC Impact Acquisition Holdings that will result in the former becoming a publicly-traded company.
Y Combinator-backed Cashfree lands funding from SBI for its payment platform
Digital payments and banking technology company Cashfree received an undisclosed funding amount from the State Bank of India (SBI) at a valuation of around $200m.
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