PayTech

SumUp

SumUp unveils digital wallet to simplify shopping experience

Payments firm SumUp has launched SumUp Pay, a digital wallet that the company claims makes shopping locally easier and more rewarding.
Nigerian B2B payments platform Duplo raises $4.3m

Nigerian B2B payments platform Duplo raises $4.3m

Nigerian B2B payments platform Duplo has raised $4.3m in its seed round, which was supplied by a coalition of investors and angels.
Ryft bags seed round for PSD2 compliant payments system

Ryft bags seed round for PSD2 compliant payments system

Ryft, a PSD2 compliant payments system, has closed a seed round, which was led by UK-based investor SFC Capital.

Rupifi lands $25m for small business in India

B2B payments FinTech Rupifi has raised $25m in a recent funding round co-led by Tiger Global and Bessemer Venture Partners, a report by TechCrunch has revealed.

Prepaid card transactions soar, Juniper reports

The value of transactions made over prepaid cards will exceed $4.1trn globally in 2026, up from $2.3trn in 2021, according to a study from Juniper Research.

PayTech companies PayPugs, Verifo team up

Online payment solution PayPugs has teamed up with Verifo is expand its banking and payment possibilities.

How Covid-19 supercharged the growth of the digital remittance market

A new blogpost by Currencycloud has underlined how the coronavirus pandemic and the restrictions put in place due to it has led to the massive growth of digital remittances.

Danish Android POS service provider Vibrant bags €4m in seed funding

Denmark-based Vibrant, which turns Android mobile devices into point-of-sale terminals, has bagged €4m in its seed round.

Modern credit card provider Petal bags Series D

Petal, a credit card company helping people build their credit, has raised $140m in its Series D funding round.

France bags another unicorn as payroll platform PayFit lands €254m

PayFit, a payroll and HR management platform for SMEs, has secured €254m from a Series E funding round led by General Atlantic.

News Stories

New UK Bill eyes £1.6bn savings by toughening fraud controls

The UK government has announced the introduction of a new Bill aimed at aggressively curbing fraud within the social security system, expected to generate savings of £1.6bn over the next five years.

Scotiabank and Nova Credit enhance credit accessibility for Canada’s newcomers

Scotiabank is enhancing its support for newcomers to Canada through an expanded partnership with Nova Credit.

GCBC launches digital platform to empower EMDEs with climate finance

The Global Capacity Building Coalition, a pivotal player in climate finance, has introduced its latest innovation, the Digital Platform.

Rising relevance of ESG: 64% of asset owners shift focus to environmental impact

A significant shift in investment priorities has been noted among global asset owners, with environmental factors increasingly coming to the fore. According to ESG...

InDebted bags $60m to enhance debt collection with AI and machine learning

InDebted, an Australian-founded global FinTech, announced today the successful completion of a $60m Series C funding round.

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