Embedded card issuer Highnote pulls in $54m following stealth period
Card issuing company Highnote has raised $54m in seed and Series A funding as the firm emerges from stealth.
BNPL market gets new big player as Mastercard launches Installments
Mastercard has entered the buy now, pay later (BNPL) market after it unveiled flexible payment platform Installments in the US, the UK and Australia.
Ascend Money becomes first Thai FinTech unicorn after $150m funding haul
Ascend Money has raised $150m in funding to become the first Thai unicorn at a $1.5bn valuation.
Singapore and Malaysia foster financial synergies with payments linkage
Singapore and Malaysia are set to begin a phased linkage of their two payment systems to support faster transactions between the two countries.
Oy! Indonesia rakes in $30m from SoftBank-led Series A
Payments aggregator Oy! Indonesia has secured $30m from a Series A funding round led by investment juggernaut SoftBank.
80% of B2B transactions anticipated to be digital by 2025
A recent study by PYMNTS has projected that up to 80% of all business-to-business transactions could be conducted digitally by 2025.
Deutsche Bank set to snap up Better Payment to widen PayTech market share
Deutsche Bank is to acquire payment service provider Better Payment with the aim of expanding its market share in payment processing and acceptance.
Zip extends global reach into India with ZestMoney investment
Australian buy now, pay later (BNPL) company Zip has invested $50m into Indian BNPL firm ZestMoney to expand its global grip on the payment market.
Payments software developer Spenmo collects $34m in its Series A
Singapore-based Spenmo, which builds payment software for companies, has netted $34m in its Series A round.
Vyne closes UK’s largest seed round of any open banking startup
Account-to-account payments platform Vyne has closed its seed round on $15.5m in funding, in what it claims to be the biggest seed round of any UK open banking startup.
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