Embedded payments firm Paytrix scores £5m
Paytrix, an embedded payments company for high-growth vertical software platforms, has bagged £5m in new funding.
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 becomes Italian unicorn with €320m raise
Satispay, a Milan-based payment network, has raised €320m in Series D funding, exceeding a €1bn valuation.
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
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.
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.
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.
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