State Bank of India backs Pine Labs with $20m investment
Indian buy now, pay later (BNPL) firm Pine Labs has secured a $20m investment from the State Bank of India, the largest commercial bank in the country.
Balderton Capital backs UK FinTech Primer in £3.2m seed round
Payment stack consolidation startup Primer has bagged £3.2m in a seed round led by Balderton Capital, the investor behind companies like GoCardless, Revolut and Darktrace.
Flutterwave secures $10m for Series A funding round
Flutterwave has secured $10m for its Series A funding round which was led by Greycroft Partners and Green Visor Capital.
Mox, Mastercard team to launch new tool to simplify card payment process
Hong Kong virtual bank Mox has partnered with Mastercard to introduce a new tool that allows Mox users to flip between spending on an all-in-one debit and credit card.
Payments challenger Airwallex confirms unicorn status with DST Global-led Series C round
Cross-border payments challenger Airwallex has confirmed its unicorn status by passing a $1bn valuation through its latest funding round.
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.
Viva Republica said to raise $173m in new investment round
South Korea-based peer-to-peer money (P2P) transfer platform Viva Republica has reportedly raised $173m in a new funding round.
Instamojo picks up pre-Series B funding round
Payments provider Instamojo has reportedly raised an undisclosed amount for its pre-Series B led Anypay.
Rapyd to acquire payments firm Valitor for $100m
US payments network Rapyd is set to purchase Icelandic company Valitor from Arion Bank in a $100m deal.
Chipper Cash expands to Nigeria together with PayStack
San Francisco-based Chipper Cash is expanding its cross-border payment services to Nigeria together with PayStack, the payment gateway company.
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