PayTech

FinTech Mobi724 Global Solutions has entered into an agreement to acquire all the shares of Avenida Compras for $4m.

LHV Group, a banking and financial services business, has entered an agreement to acquire payment gateway platform EveryPay.

Atomic, provider of payroll connectivity solutions, has raised $40m in Series B funding.

Founded in 2012, Currencycloud has been in the cross-border payments space for almost a decade now. Since its launch, the company has expanded beyond its native UK market and following its recent acquisition by Visa, is looking far beyond its shores to complete its mission of making the movement of money easier.

Next-generation payments provider Sokin has launched its digital payments wallet in India, a market that generates a huge $87bn in remittances per year.

Moneyhub, the market leading Open Data and Payments platform, has called for greater data-sharing among financial firms as part of its response to the FCA’s Consumer Duty Proposals.

TabaPay, an instant money transfer platform, has received an investment from SoftBank Vision Fund 2.

PollenPay, the Manchester-based ‘Buy Now, Pay Later’ (BNPL) company has officially launched in the UK.

TripActions, an expense management, corporate card and travel platform, has snapped up Resla, which is a travel management firm.

Australia-based BNPL provider Zip has entered into a definitive agreement to acquire rival Sezzle.