PayTech

FinTech mobile platform Fiskl has partnered with PayTech leader Nexi to bolster the latter’s open banking offering.

UK-based buy now pay later startup Zilch raised $80m in a Series B funding round led by Gauss Ventures and M&F Fund and is now valued at over $500m.

Investment bank and financial services juggernaut JP Morgan has revealed it is using blockchain technology to improve money transfers between banks globally.

E-commerce services provider Cart.com has closed a Series A round of financing and raised $25m.

California-based fraud protection enterprise Signifyd has closed a $205m Series E funding round led by Owl Rock Capital.

New York-based investment firm that injects credit and equity into e-commerce, enterprise and FinTech companies, Upper90 raised a $55m equity fund focused on e-commerce businesses and aggregators to help them access growth capital.

San Francisco-based B2B payment platform Routable raised $30m in Series B funding led by CEO of Open AI and former president of Y Combinator Sam Altman and CEO of Lattice Jack Altman.

A study from Juniper Research has discovered the number of users of software-based facial recognition to secure payments will exceed 1.4bn people globally by 2025.

Research by mobile analytics platform App Annie has discovered mobile FinTech apps outperformed banks by a factor of up to 10.8x during the COVID-19 pandemic.

UK-headquartered FinTech SumUp has partnered with the Zoological Society of London (ZSL) to develop a digital in-house fundraising technology to make contactless donations.