PayTech

Morocco-based B2B e-commerce FinTech startup Chari has closed a bridge round of funding which could see it reach a $100m valuation, according to a report from Disrupt Africa.

Chinese giant Huawei has partnered with “financial super app” Curve to launch Curve Pay so Huawei customers can now make mobile payments via a digital wallet, a report by Finextra has revealed.

CUNA Mutual Group, a broad financial services provider, and CarSaver, an automotive e-commerce marketplace and FinTech platform, have partnered to launch the industry's first online marketplace and FinTech e-commerce platform for credit unions.

Mastercard has launched Mastercard Track Instant Pay, a next-generation virtual card solution that uses machine learning and straight-through processing to enable instant payment of supplier invoices.

Managed checkout and buy now, pay later (BNPL) provider Vartana has launched following a $57m seed funding round.

New York-based employee benefits platform Bennie has raised $33m in a seed funding round in a mission to help companies and their employees get access to better benefits.

Pinwheel, a payroll connectivity platform, has raised $50m in a Series B round led by GGV Capital.

Payments network Affirm and FinTech Verifone have entered into a partnership that will make Affirm’s flexible payment options widely available on Verifone’s eCommerce and card-present payment solutions.

San Francisco-based Seel, which offers insurance for e-commerce companies, has raised $17m in Series A funding, bringing its total funding to $23.6m, according to a report from TechCrunch.

After it was revealed UK consumers racked up £3.3bn in buy now, pay later (BNPL) debts over Christmas 2021, a study by Credit Karna has found a growing debt bubble amongst customers.