PayTech

PPRO, a prominent local payments platform, has successfully completed a dual tranche funding round, raising a substantial €85m.

Mastercard, a global leader in payment technology, has launched an open banking-powered solution which seamlessly integrates into consumer banking applications for financial institutions.

Jefferson Bank, an esteemed independent bank, has extended its partnership with Finastra, a global FinTech leader, offering a wide range of software solutions designed to meet the ever-evolving needs of the financial services industry. Together, these companies are set to revolutionise instant payments for Texans.

Nexi, a leading European PayTech, has chosen Mastercard as its strategic partner as it looks to support open banking account-based payments across Europe. 

Baanx, a cryptocurrency payments platform, has recently completed a successful $20 million Series A funding round.

Moroccan FinTech startup tookeez, has successfully secured $1.5m in funding to bolster its technical capabilities and expansion efforts.

NatWest is set to axe its Buy Now Pay Later (BNPL) option less than two years after its initial rollout. 

Altro, a groundbreaking credit-building and financial literacy app, has announced a significant expansion, now serving 47 U.S. states.

PayShepherd, a FinTech firm specialising in contractor management solutions for the heavy industry, has successfully completed a Seed+ funding round, raising $7m CAD.

Deutsche Bahn (DB), the national railway company of Germany, and Tink, a market-leading payment services and data enrichment platform, have announced a direct debit setup partnership.