PayTech

BP Ventures has invested €10m (nearly $11.9m) in German in-car digital payments provider Ryd. bp’s investment will help ryd strengthen its market-leading position, expand into new international markets and...

The Central Bank of Nigeria (CBN) is teaming with Barbados-based FinTech Bitt to introduce a new central bank digital currency (CBDC) called eNaira.

A whitepaper by payment service provider Ecommpay has found 48% of all UK consumers have some level of confusion regarding open banking and its uses.

The Abu Dhabi Islamic Bank (ADIB) has introduced Amwali, a new digital banking proposition that will target youths between the ages of 8 to 18.

Reward-based debit card startup Point has closed a $46.5m Series B funding round that was led by the Peter Thiel-owned Valar Ventures.

Expense management platform Jeeves has reached a valuation of $500m, after it closed its star-studded Series B round on $57m.

Digital escrow service trustshare has reportedly collected $3.2m in a seed round to help it open its first US office.

Australian buy now, pay later (BNPL) firm Zip has continued its push for an expanded global presence with the purchase of South African BNPL Payflex.

The embedded finance market is currently going from strength to strength. Thanks to companies like PayPal and Klarna, many non-financial institutions are integrating financial services into their platforms. As the sector continues to expand, how can traditional banks compete?

UT-based FinTech company providing payment solutions in the commercial equipment space Clicklease raised $63m in Series A funding led by Sandlot Partners.