Mobile Payments

Cloud payments provider Volante Technologies and Deloitte have teamed to offer a new service aimed at transforming how financial institutions (FIs) run their payments business.

Slice, a credit card for first-time users, has reportedly netted $23m in debt funding from 18 lenders.

NatWest is now allowing customers to establish their own daily digital bank transfer limits to reduce the impact caused by authorised push payment (APP) scams.

Indian neobank startup Zeta has received unicorn status after a $250m Series C funding round took it to a $1.45bn valuation.

Australian buy now, pay later (BNPL) company Zip will expand into Europe and the Middle with the purchases of BNPL competitors Twisto and Spotii.

A study has found the mobile contactless payment market is expected to grow by 24% in 2021 to around $2.489trn.

California-headquartered buy now, pay later (BNPL) company Sunbit has achieved unicorn status after a $130m Series D brought its value up to $1.1bn.

Irish payments company Planet has introduced an integrated digital payments service for multinational companies across Europe.

New Zealand-based buy now pay later firm Laybuy has closed a A$35m capital raise to further its push into the UK market.

US FinTech Clair has partnered with sponsor bank MetaBank and payments processor Galileo to bolster user accessibility on its platform.