Daimler acquires PayCash Europe to launch Mercedes pay
Daimler Financial Services is acquiring electronic payments provider PayCash Europe. The terms of the deal are undisclosed.
Swedish mobile POS iZettle picks up another €60m
Swedish mobile point-of-sale (POS) payments firm iZettle has raised another €60m in a round made up of debt and equity from existing backers.
Ex-Google payments head joins Wells Fargo’s Innovation Group
Peggy Mangot, who used to head up Google’s partnership management, payments & commerce division, has joined Wells Fargo’s innovation group.
Qvivr picks up $5m to move beyond smart cards
Silicon Valley-based payments startup Qvivr has raised $5m in a Series A round led by Khosla Ventures.
Mobile payments and services startup instantPay picks up $5m
Indian mobile payments and financial services startup instantPay has raised about $5m in a pre-Series A round of funding. The capital comes from RB Investments and Kaleden Holdings.
Standard Banks takes over mobile payments player Firepay
South African financial services giant Standard Bank has taken a majority stake in regional mobile payments player Firepay.
Alipay partners with Zapper for UK payments
Chinese mobile payments service Alipay is partnering with UK consumer insights and marketing platform Zapper.
FlexM picks up $886k for financially inclusive digital wallet
Mobile wallet targeted at the underbanked FlexM has raised $886,000 in a seed round of funding from mobile payments platform MatchMove.
Apple Pay grows 500% year on year thanks to global expansion
Apple’s Q3 2016 results may be overshadowed by its third straight quarter of declining revenue but Apple Pay registered strong growth over the period.
Ride-hailing player Go-Jek scoops up PonselPay
Indonesian ride-hailing service Go-Jek is buying regional payments startup MVCommerce the company behind mobile payments service PonselPay.
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