PayTech

Kenya’s Wapi Pay banks a $2.2m pre-seed round to ease remittances between Africa and...

Wapi Pay, based in Singapore and headquartered in Kenya has raised $2.2m in pre-seed funding to scale up global payments and remittances between Africa and Asia.

BharatPe earns the horn, triples valuation to $2.85bn after Tiger Global-led oversubscribed round

Merchant payments and financial services provider BharatPe raised $370m in a primary and secondary mix, as a part of a Series E funding round led by new investor New York-based Tiger Global Management.

PAYFAZZ and Xfers team up to launch new company aimed at increasing financial inclusion...

Indonesia-based FinTech PAYFAZZ has invested $30m into Singapore-based Xfers to create Fazz Financial Group.

Airtel Africa continues funding spree with fresh investment

Airtel Africa continues its funding spree with it reportedly closing a fresh $200m investment from Qatar Holding, an affiliate of sovereign wealth fund Qatar Investment Authority.

Mexican PayTech Yaydoo to simplify B2B payments after banking $20m in fresh funding

Mexico City-based B2B software and payments company Yaydoo closed a $20.4m in a Series A round co-led by Base10 Partners and monashees.

India unveils new digital currency, Nigeria eyes e-currency launch in October 2021

India has introduced the e-RUPI, which is a cashless and contactless digital payment system to support the global shift towards digital payments.

Token driving UK open banking payments expansion, research finds

Market share statistics by CMA9 – the nine largest UK banks – has found open banking platform Token is driving the adoption of open banking payments in the country.

Jack Dorsey’s Square buys Afterpay in $29bn deal amid buy now, pay later boom

Twitter co-founder Jack Dorsey's digital payments platform Square has acquired Australian 'buy now, pay later' firm Afterpay to create an online payments powerhouse and help accelerate Afterpay’s growth in the US.

Goldman Sachs, Fiserv team to unveil B2B payments facility

US FinTech firm Fiserv and Goldman Sachs have introduced their first product offering from its ongoing strategic partnership.

Uplift scores a $68m credit line from Atalaya Capital Management

Buy now, pay later platform Uplift has scored a $68m credit line from Atalaya Capital Management.

News Stories

CloudPay and Workday launch global payroll connect to revolutionise payroll management

CloudPay and Workday, two titans in the payroll and payment solutions sector, have joined forces to introduce the Global Payroll Connect solution.
Velera and BrightStar Credit Union forge partnership to elevate card processing services

Velera and BrightStar Credit Union forge partnership to elevate card processing services

Velera, a premier FinTech provider, has joined forces with BrightStar Credit Union to enhance card processing solutions, aiming to significantly improve the cardholder experience for members throughout South Florida.
Finastra and Prelim collaborate to enhance retail and commercial account openings

Finastra and Prelim collaborate to enhance retail and commercial account openings

Finastra, a global provider of financial services software applications, has announced a new integration with Prelim, a leader in FinTech innovation.
NCC Group's new digital identity services: Enhancing cybersecurity and operational efficiency

NCC Group’s new digital identity services: Enhancing cybersecurity and operational efficiency

NCC Group has unveiled a new range of digital identity services, aimed at bolstering security and optimising operations across organisations.
Fabric and AWS forge AI alliance to transform omnichannel retail operations

Fabric and AWS forge AI alliance to transform omnichannel retail operations

Fabric, a leading player in omnichannel retail technology, has partnered with Amazon Web Services (AWS) to improve commerce for omnichannel retail. 

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