How Covid-19 supercharged the growth of the digital remittance market
A new blogpost by Currencycloud has underlined how the coronavirus pandemic and the restrictions put in place due to it has led to the massive growth of digital remittances.
PayTech CellPoint bags $25m to fuel international expansion
Digital commerce and payment provider CellPoint Digital has scored $25m in funding from an equity financing round.
Judopay taps Mastercard to help bolster its Click to Pay solution
Mobile payments provider Judopay has teamed with Mastercard to help strengthen the latter’s Click to Pay product.
Bank of Indonesia unveils new retail payments system
The Bank of Indonesia has launched a new retail payments system to help cut the cost of money transfers and support the growth of the digital economy.
EBANX acquires remittance start-up Remessa Online in $229m deal
Payments unicorn EBANX has purchased remittances company Remessa Online in a deal valued at $229m.
Taptap Send lands $65m to advance fight against global financial inequality
Cross-border financial platform Taptap Send has reeled in $65m from a Series B funding round led by Spark Capital.
Currencycloud becomes a Visa company
Visa has officially acquired cross-border payments firm Currencycloud in a deal valued at £700m.
Thoma Bravo to acquire PayTech Bottomline in $2.6bn deal
Private equity firm Thoma Bravo has entered a deal to acquire business payments company Bottomline Technologies in an all-cash transaction worth $2.6bn.
Amazon taps Barclays to provide flexible payment offering to customers
Amazon has partnered with Barclays to secure access to Instalments, a flexible payment service that will enable Amazon customers in the UK to pay for products in instalments.
PayTech Papaya squeezes $50m from Series B to continue expansion
Mobile bill payment application Papaya has raised $50m from a Series B funding round headed by Bessemer Venture Partners.
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