PayTech

In an era where digital borders are increasingly becoming a thing of the past, a recent report by Airwallex, in collaboration with Edgar, Dunn & Company, has highlighted a significant trend: a surge in cross-border spending.

Twill Payments, a pioneering startup in the payments sector, has closed its pre-seed funding round on an undisclosed amount.

Worldline, which offers payment services, has partnered with Visa to launch a new virtual card issuing solution. 

FinVolution Group, a trailblazer in the FinTech industry, announced a significant development in its Philippines operations.

TerraPay, a prominent FinTech company, has announced a new capability for financial institutions to directly send money to over 2.1 billion mobile wallets globally via their existing Swift network.

PayPal, a global leader in online payments, and Adyen, a renowned financial technology platform serving leading enterprises worldwide, have announced the expansion of their global strategic partnership.

Healthcare payments automation and reimbursement company Payspan has secured a new investment from private equity firm Primus Capital.

London-based remittances startup TransferWise is entering the Asian market and launching in Japan. It follows news that the company saw its revenues triple last year but increased it losses.

Bill.com, a Palo Alto, California-based business payments network, has raised an additional $100m to expand its distribution into banks and accounting firms.

International money transfer platform EMQ has reportedly netted $6.5m in its Series A funding round.