PayTech

African payments firm PawaPay has raised $9m from a seed funding round led by MSA and UK investment fund 88mph.

Cross-border payments company Currencycloud has bolstered its senior team with the appointment of a new chief operations officer and chief technology officer.

National Bank of Canada invested $103m in Flinks, including $30m in growth capital towards acceleration of the Montreal-based FinTech's expansion activities in North America.

A report by Allied Market Research has projected that the buy now, pay later (BNPL) will generate $3.98trn by 2030 and record a CAGR of 45.7% from 2021 to 2030.

The Bank of Thailand (BOT) has revealed it intends to begin a retail central bank digital currency (CBDC) pilot study in the second quarter of 2022.

FinTech firm Fiserv has collaborated with self-service retailer Selecta to enhance and streamline digital payments across Selecta’s points-of-sale.

Digital payments company Cantaloupe has acquired the assets of Delicious Nutritious LLC, dba Yoke Payments, a Los Angeles-based micro-market payments company for an undisclosed sum.

FinTech startup that offers corporate cards and software for managing employee expenses Ramp valued at $3.9bn after a $300m funding round led by billionaire Peter Thiel’s Founders Fund.

HSBC Qatar has unveiled a new mobile payments and collections service for its customers as it continues its investment into digitising banking services.

SoftPOS FinTech startup Phos has secured €2m in funding as it plans a Series A round later in the year.