PayTech

Former Mollie and Klarna execs launch AI-powered BNPL solution Biller to future-proof B2B invoicing

Former Mollie and Klarna senior managers have developed Biller, an AI-powered buy now, pay later invoicing solution to solve the problems of B2B purchasing.

Paystand collects $50m Series C funding to support enhancement of blockchain-powered payment network

Paystand, a blockchain-enabled payment network for businesses, has closed its Series C round on $50m, coming off the back of its triple-digit growth.

Integrated payments software provider Paystone picks up $23.8m from Crédit Mutuel Equity

Canada-based company providing integrated payment technology Paystone closed a $23.8m round from Crédit Mutuel Equity.

Klarna-rival Zilch strikes $110m deal with Goldman Sachs and Daily Mail owners

London-based buy now pay later FinTech Zilch secured $110m of debt and equity funding from Goldman Sachs Asset Management and DMG Ventures - the venture capital arm of the Daily Mail and General Trust plc.

Dwolla reels in $21m to customise money transfer options for FinTechs and brands

Iowa-based modern payments platform provider Dwolla raised $21m in funding.

Ex-Mastercard execs-founded WhenThen raises $6m for its payment ops platform

WhenThen, a Dublin-based FinTech founded by former Mastercard employees, raised $6m in seed funding co-led by European venture capital firms Cavalry and Stride.VC.

Thunes purchases Limonetik to speed-up global payment collection roll-out

Singaporean cross-border payments firm Thunes has acquired European payment methods platform Limonetik for an undisclosed fee.

PayTech Currencycloud set to be acquired by Visa in $700m deal

Visa has entered an agreement to purchase cross-border payments technology provider Currencycloud for a total of $700m.

Percent picks up $5m to help power donations for good causes with every transaction

Percent, an API-provider allowing firms to customers to donate to good causes, has secured a $5m venture round led by Morpheus Ventures, allowing it to expand in the US, as well as its existing presence in the UK and Australia.

Capchase reels in $280m for its alternative financing platform and newly launched BNPL solution

Non-dilutive capital provider for recurring revenue businesses, Capchase raised an additional $280m in new debt and equity funding led by i80 Group, less than seven weeks after a $125m round.

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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