Mobile Payments

Payment solutions provider USA Technologies has secured just over $43m for its underwritten public offering.

Payment provider Karmic Labs has bagged $17.2m in its Series B funding round and adds two new members to its board of directors.

Payment processor Vantiv has reportedly acquired UK-based Worldpay in a deal worth around £7.7bn.

Social media payment platform PayKey has reportedly picked up $6m for its Series B funding round.

Payment credit application Kissht has reportedly netted a $10m investment led by China-based Fosun International.

Japanese mobile payments firm Coiney has raised ¥800m ($7.1m) in a Series B round of funding. The Tokyo-based firm offers a range of payments technologies to merchants.

Security technology company NXT-ID is acquiring internet of things (IoT) payments company Fit Pay. The financial terms of the deal are undisclosed.

US-based on-demand software and e-commerce services firm Ebix is acquiring Indian payments service ItzCash. The company will pay $120m for an 80% stake of the Essel Group-owned business.

Milan-based group payments platform Growish has picked up ?400,000 in a fresh round of funding. The company says the funding will be used to expand in its native Italian market and launch overseas.

Mobile payments network LevelUp has picked up $50m in a new round of funding from banking giant JPMorgan Chase.