Paytrix

Embedded payments firm Paytrix scores £5m

Paytrix, an embedded payments company for high-growth vertical software platforms, has bagged £5m in new funding.
India-neobank-Vance-seed-round-hummingbird-ventures-global-financial-services-payments

Hummingbird Ventures backs neobank Vance in seed round

India-based global neo-banking platform Vance has raised $5.8m in a seed round led by Hummingbird Ventures.
Satispay-payments-network-italian-unicorn-€320m-Series-D-funding

Satispay becomes Italian unicorn with €320m raise

Satispay, a Milan-based payment network, has raised €320m in Series D funding, exceeding a €1bn valuation.
Suresite launches P2PE solution with TSG UK

Suresite launches P2PE solution with TSG UK

Forecourt retail specialist Suresite Group and fuel and retail service provider TSG UK have partnered to release a new point-to-point encryption payment (P2PE) solution for the forecourt industry.
Federal Reserve

Federal Reserve to launch real-time payments service in summer 2023

The Federal Reserve has accelerated the timing of the launch of FedNow, its real-time payments service, to the summer of 2023.  
The Chainsmokers join funding of newly launched PayTech Pomelo

The Chainsmokers join funding of newly launched PayTech Pomelo

PayTech startup Pomelo, which aims to improve money transfers, has reportedly raised $20m in seed funding, alongside a $50m warehouse facility.

Indonesian payments platform Flip closes $100m Series B

Indonesian consumer payment platform Flip has secured the second close of its Series B, which brings the round’s total to $100m.

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. 

What are Meta’s payment plans?

Meta is to rebrand Facebook Pay as Meta Pay in a bid to bring it closer to the Meta brand alongside enhancing the payment experience.

Welcome Tech lands $30m to support immigrant families

Welcome Tech, a digital platform aiming to provide immigrant families in the US with services to help them thrive, has raised $30m in funding.

News Stories

Plan A

Plan A teams with Visa to decarbonise businesses globally

Visa will team with Plan A to offer its Sustainability platform as a part of its FinTech Partner Connect programme to Visa’s issuer network.
The role of digital investing in the cost-of-living crisis

The role of digital investing in the cost-of-living crisis

As the cost-of-living crisis takes hold of the world, there are bound to be a number of challenges the financial market will need to brace for. One of the ways firms are looking to prepare for the challenge is through technology. 
InsurTech Stubben Edge acquires Insurercore

InsurTech Stubben Edge acquires Insurercore

Stubben Edge Group has acquired Insurercore, a tech enabled distribution platform headquartered in London.
NatWest

NatWest appoints Google veteran to direct innovation

Financial giant NatWest has named David Grunwald, a former Google executive, as the company’s first-ever director of innovation and partnerships.
Simply-business-partners-appalachian-underwriters-general-liability-solutions

Simply Business teams up with Appalachian Underwriters to offer general liability solutions

Simply Business, a Boston-based digital insurance company, has partnered with Appalachian Underwriters (AUI) to offer general liability solutions.

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