PayTech

Visa , a global titan in digital payments, has struck a definitive deal to acquire a majority interest in Prosa, a pivotal player in Mexico's payment processing sector. This move aims to fast-track the adoption of innovative and secure digital payments in Mexico.

Science Card, a UK-based neobank, is pioneering a unique science funding infrastructure, specifically by enabling socially-conscious financial transactions through its e-money current account app. In a groundbreaking move, Science Card has joined forces with the Department of Mechanical Engineering at UCL (University College London), a renowned institution leading in scientific research and innovation.

Checkbook, an all-in-one payments platform, has entered into a strategic collaboration with Visa, a global leader in digital payments.

Nuvei, a pioneering force in the global payments landscape, has announced a landmark agreement to transition to a private entity under the stewardship of Advent International.

Afrimarket, a cash-to-goods money transfer service focused on French-speaking Africa has raised €10m ($11m) from UK-based Global Innovation Fund and PROPARCO.

Gift card provider Smartbox Group has received €167m in senior debt financing led by AIB.

UK FinTech giant Revolut has geared up for a launch in five new countries, which will go live over the coming couple of months.

Japanese mobile payments firm Coiney has raised ¥800m ($7.1m) in a Series B round of funding. The Tokyo-based firm offers a range of payments technologies to merchants.

Payment management platform WalletFi has closed a further $265,000 to its seed funding round bringing the total raised to over $300,000.

PayPal is expanding its offering and reaching more users with the acquisition of bill payment company TIO Networks for roughly $233m.