Zip strengthens grip on BNPL market with Twisto, Spotii acquisitions
Australian buy now, pay later (BNPL) company Zip will expand into Europe and the Middle with the purchases of BNPL competitors Twisto and Spotii.
Contactless payment market anticipates soaring growth into 2025
A study has found the mobile contactless payment market is expected to grow by 24% in 2021 to around $2.489trn.
Andreessen-backed Eco reveals Diddy, Kevin Durant and Carmelo Anthony as investors
FinTech banking app that uses crypto on its backend Eco unveiled that a slew of celebrity and athlete investors had participated in the $26m round that took place in March this year.
EBA publishes findings of EU-wide bank climate risk exercise
The European Banking Authority (EBA) has published the findings from its first EU-wide pilot exercise on banks’ exposures to climate risk.
Thunes scores $60m in Series B after 100% YoY growth
Singapore-based Thunes, a B2B payments company, has bagged $60m in its Series B after a 100% growth rate over the past year.
Card issuing platform Lithic closes Series B after strong period of growth
Lithic, a card issuing platform to enable the simple creation of cards, has closed its Series B round on $43m.
BNPL firm Sunbit secures unicorn status following $130m Series D
California-headquartered buy now, pay later (BNPL) company Sunbit has achieved unicorn status after a $130m Series D brought its value up to $1.1bn.
Planet launches integrated digital payments service across Europe
Irish payments company Planet has introduced an integrated digital payments service for multinational companies across Europe.
Klarna rival Laybuy hauls in A$35m to boost its footprint in the UK
New Zealand-based buy now pay later firm Laybuy has closed a A$35m capital raise to further its push into the UK market.
Deutsche Bank joins forces with PayTech Silverflow to build new payment tech stack
Banking giant Deutsche Bank teamed up with NL-based Silverflow to launch new payment solutions for corporate banking clients in Germany and PSPs across Europe and the US.
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