Just 5% of UK businesses only accept cash transactions
With the pandemic accelerating the shift towards a cashless ecosystem, just 5% of UK businesses only accept cash transactions, according to new research from YouLend and Dojo.
Visa teams up with Fundbox for digital payments
Visa is partnering with Fundbox, an embedded working capital platform for small businesses, to strengthen Fundbox’s platform with the power of digital payments.
Talk360 scores $4m, gears up for pan-African payment platform launch
International calling app Talk360 has secured $4m in funding as it prepares to launch a new pan-African payment platform in mid-2022.
Buy Now, Pay Later for healthcare startup Walnut secures $110m
Buy Now, Pay Later (BNPL) healthcare startup Walnut has raised $110m in a Series A funding round led by Gradient Ventures.
PayTech Trustly snaps up Ecospend
Trustly, a global payments platform for digital account-to-account transactions, has acquired open banking platform Ecospend.
Two in five SMEs anxious about hitting pre-pandemic revenue
A study from Mastercard has found two in five – 44% - of global SMEs fear they will never achieve the same revenue levels as before the pandemic.
Mastercard backs HyperPay in $40m funding round
Saudi Arabian FinTech HyperPay has received funding from Mastercard following a strategic partnership between the two companies.
Are physical wallets being usurped by mobile wallets?
A recent study by card issuing platform Marqeta has found that 61% of consumers feel confident enough with contactless payments to leave their wallet at home.
Canaan makes its biggest investment in Latin America with Marvin
Marvin, a Brazilian B2B payments platform has raised $5m in a Series A funding round led by early-stage venture capital firm Canaan.
What are the biggest frustrations in digital payments?
A quarter of UK consumers that had a declined payment in the past 12 months have no idea why it happened, according to research from global PayTech Trustly.
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