Pleo joins billion-dollar club after pulling in $150m, plans aggressive hiring in UK
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.
Carbon Bank unveils BNPL app
Carbon Bank, a credit-led Pan-African digital bank has launched a new buy now, pay later (BNPL) web app.
Paytm pockets $60m of $300m target
One97 Communications, which operates Indian m-commerce platform Paytm, has raised $60m as a first step towards reaching a targeted $300m for its new round of funding.
Tribe, ClearBank partner to bolster banking access for FinTech companies
Tribe Payments has teamed with ClearBank to leverage the latter’s banking-as-a-service platform to help provide Tribe’s customers with improved access to payment schemes.
Why payment service providers must adapt to changing ecommerce market
Since the onset of the Covid-19 pandemic, there has been a huge increase in the amount of cross-border payment and ecommerce sales taking place.
Paytm transforms android phones into contactless card payment machines with new launch
India-based digital payments provider Paytm to allow merchants and retailers use an Android phone as a payments machine for near field communication credit and debit card payment transactions.
Wirecard working together with WHSmith to expand the retailer’s digital payment offerings
Digital payments solutions company Wirecard has joined forces with WHSmith. Together, the two aim to give the retailer more opportunities to cash in on digital payments.
ING acquires a 75% in payment service provider Payvision
ING has acquired a 75 per cent stake in omnichannel payments service provider Payvision, in a deal worth €360m.
Patientco secures $28m in Series B to support product innovation
Patient billing and payments technology business Patientco has secured $28m in its Series B funding round.
The instant payments market is expected to hit $18trn by 2025
The instant payments market is expected to grow by 500% to reach $18trn by 2025 and will account for 17% of all B2B and consumer digital money transfers and payments.