PayTech

After the successful launch of their numberless FamCard, FamPay has launched India’s first Visa Prepaid Card for teenagers with personalized doodles on it.

NYC-based card issuing platform for developers Lithic raised $60m in Series C funding, making the company a soonicorn.

Credit card challenger Slice secured $10m in debt funding from multiple financial institutions like, Northern Arc Capital, Niyogin Fintech Limited, Credit Saison India, and Vivriti Capital to name a few.

Lumanu has bagged $12m in its Series A funding round to help further the development of its platform that simplify payment collection for creators.

South African payments company Yoco has secured $83m in its Series C, which it claims to be the largest single investment raised by a small business-focused payments platform in the Middle East and Africa.

Manchester-based Payl8r has secured £40m from Conister Bank and plans to become a £1bn FinTech business within five years.

Fly Now Pay Later, FinTech which offers shoppers a more flexible way to finance travel, has partnered with ChargeAfter, the global network of personalised buy now pay later (BNPL) and point-of-sale financing for merchants.

Last week proved to be profitable in terms of FinTech investment, with the rounds revealing the state of cryptocurrency and InsurTech sectors.

Amazon and AO.com’s credit card provider NewDay has launched a new fully digital credit card aiming to provide an alternative to rivals like Apple Pay and Google Pay.

Nium, a global B2B payments platform, has raised over $200m in a Series D round led by Riverwood Capital to accelerate its product roadmap and drive global expansion.