PayTech

Brazilian firm TruePay has secured $32m from a financing raise led by venture capital company Addition. being described as one of the largest ever Series A rounds in Brazil.

MoonPay, a company that builds payment infrastructure for cryptocurrencies, has closed a Series A financing raise on $555m.

A recent report by Klarna has found that one in two UK consumers are planning to discard their credit card entirely for Christmas shopping this year.

Bulgarian payments and expense solution Payhawk has been valued at $570m after the close of a $112m Series B - the second largest in Central and Eastern Europe.

Credit rating agency Experian has acquired insurance aggregator Gabi and digital payments business PagueVeloz for a combined sum of $353m.

Branded payments company Imprint has secured ?38m from a Series A funding round backed celebrity James Corden and payment giant Stripe.

FinTech company Kafene has scored $75m in debt and equity funding as it looks to scale its market footprint across the US.

Payable, an open banking platform that helps bill payment management, has secured a $700,000 investment from x15ventures.

Neo Financial, a FinTech helping consumers to spend, save and earn rewards, has received a $1.6m grant from the Province of Manitoba – a Canadian state – to support the FinTech company’s growth in the region.

Global payments platform Airwallex has raised $100m in a Series E1 funding round following an oversubscribed Series E round.