PayKey unlocks $6m to bring P2P payments to messaging
Peer-to-peer payments service PayKey has raised $6m in a Series A round of funding co-led by e.ventures and Gaby Salem of Wharton Asset Management.
UK Chancellor examines case for new Britcoin digital currency
UK Chancellor of the Exchequer Rishi Sunak has told the Bank of England (BOE) to look at the case for a potential Britcoin or central-bank-backed digital currency.
Digital payment solution Payrailz closes $6.1m round
Digital payment solution Payrailz has closed a $6.1m investment from First Data, Live Oak Ventures, Woodforest National Bank, Webster Bank and TTV Capital.
James Corden-backed Imprint lands ?38m from Series A funding haul
Branded payments company Imprint has secured ?38m from a Series A funding round backed celebrity James Corden and payment giant Stripe.
Nearly 80% of Payments & Remittances investment since 2015 has come from transactions over...
?Total funding in the sector over the last five years surpassed $66bn as digital payment methods become more common.
Klarna picks up team and tech of bankrupt Cookies
Swedish payments processor Klarna is acquiring the technology and team behind bankrupt peer-to-peer payments app Cookies. No price is disclosed on the deal.
Tinkoff launches first Russian digital buy now pay later platform
Moscow-based digital bank Tinkoff has introduced the Dolyame.ru the country first buy now pay later (BNPL) platform.
Colu closes its ICO on $19.1m after selling 239 million tokens
Payments network Colu has closed its ICO on $19.1m, after the sale of 239 million CLN tokens.
Could Christmas be the death knell for credit card payments?
A recent report by Klarna has found that one in two UK consumers are planning to discard their credit card entirely for Christmas shopping this year.
18 FinTech funding rounds you missed last week
Despite coronavirus fears, the last week saw a number of FinTech companies raise money.
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