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 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, 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.