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

Cybersecurity education company SafeStack nabs $2.5m

Cybersecurity education company SafeStack nabs $2.5m

New Zealand-based cybersecurity education company SafeStack has raised NZD 4m ($2.5m), as it looks to hire more staff.
Sunbit-raises-$250m-to-make-everyday-expenses-easier

Sunbit bags $250m to make everyday expenses easier

Sunbit, a company building financial technology for everyday expenses, has closed a $250m revolving debt facility.
Pylon nets $8.5m to bring mortgage tools to non-lenders

Pylon nets $8.5m to bring mortgage tools to non-lenders

Pylon is a startup that is helping lenders and FinTechs embed end-to-end mortgage tools, and it has reportedly raised $8.5m in its seed round.
5-questions-to-ask-during-compliance-budget-building

5 questions to ask during compliance budget building

As companies start preparing for 2023, budgets are often a major talking point. Red Oak Compliance has outlined the five questions companies need to be asking when building the compliance budget.
law

Law enforcers link in global money laundering crackdown

Law enforcement from 25 countries have linked to crack down on money mules and their recruiters.

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