PayTech

Payments solution provider PayTrace has been acquired by payments provider North American Bancard is an undisclosed deal.

Japan-based payment money management app Kyash has closed its Series D on JPY 4.9bn ($41m)

SimplyPayMe has netted $4m in funding as it seeks to expand in European and North American markets.

Shift, an end-to-end auto e-commerce platform for used cars, has entered into a definitive agreement to acquire certain assets of Fair Technologies for a combination of cash and shares of its Class A common stock.

Payrails, which stylises itself as an operating system for payments and financial services, has reportedly launched out of stealth after the close of a $6.4m seed investment.

Medius, which offers source to pay solutions, has received a minority investment from private equity firm Advent International.

doxo, an all-in-one bill payment platform, has closed its Series C funding round on $18.5m, which was led by San Francisco-based Jackson Square Ventures.

Best Egg, the machine learning-powered, online credit and financial wellness platform that is owned and operated by Marlette Holdings, has secured $225m in Series E funding.

CloudPay, global employee pay provider, has partnered with Visa to reduce payroll payment cycles.

Currencycloud has teamed with Moov, a developer platform focused on payments, in order to bolster payment capabilities for each other’s customers.