PayTech

Airwallex extends its Series D round to reach $200m

Australia-based payments firm Airwallex has extended its Series D by $40m to bring the round’s total to $200m.

The instant payments market is expected to hit $18trn by 2025

The instant payments market is expected to grow by 500% to reach $18trn by 2025 and will account for 17% of all B2B and consumer digital money transfers and payments.

The European Commission proposes new regulation for digital payments and cryptos

The European Commission has adopted a new Digital Finance Package, which aims to improve the competitiveness and innovation of the financial sector.

Petal continues its ambition of helping people build credit scores after closing Series C...

Petal, a credit card company helping people to build credit, has closed its Series C on $55m so it can help more people in these tough times.

Hot off the heels of its former investment SpotOn Transact secures $60m in its...

SpotOn Transact, a software and payments company has secured $60m in its Series C round, just six months after it closed its Series B.

Tech Nation names the 31 UK FinTechs in its new accelerator

Tech Nation has named the 31 UK-based FinTech startups it has welcomed into it latest accelerator programme.

Zumo surpasses crowdfunding target as it looks to capitalise on Scotland’s growing FinTech sector

Scottish FinTech platform Zumo has stormed past the target of its crowdfunding campaign to reach £1.5m.

FinTech could be in for a tricky 2021 a new report from Finch Capital...

While the FinTech sector has proven to be quite resilient, Finch Capital believes the real effects will be felt in Q4 2020 and in 2021.

Kashier Payments said to raise a seed investment

Egypt-based Kashier Payments has reportedly closed a seed round led by Glint Ventures.

Global cards and payments market to grow to $909.1bn in 2023

The global cards and payments market to grow from $721.9bn in 2019 to reach $909.1bn in 2023, according to new research.

News Stories

AutoRek and Calastone unite to revolutionise fund manager reporting

AutoRek and Calastone unite to revolutionise fund manager reporting

AutoRek, a leading automated financial controls platform, has joined forces with Calastone, the world's largest global funds network.
Silverflow and Chesapeake Bank team up to revolutionise payment processing in the US

Silverflow and Chesapeake Bank team up to revolutionise payment processing in the US

Silverflow, a cloud-native payment processing innovator, has recently formed a strategic partnership with Chesapeake Bank, a community-focused financial institution renowned for its proactive adoption of cutting-edge payment technologies.
Asset Reality partners with Taxbit to enhance digital asset seizure and disposal

Asset Reality partners with Taxbit to enhance digital asset seizure and disposal

Asset Reality and Taxbit, two prominent players in the digital asset management and compliance sector, have recently joined forces in a strategic partnership.
Klarna and UATP forge strategic alliance to revolutionize payment options in the $1trn air travel sector

Klarna and UATP forge strategic alliance to revolutionize payment options in the $1trn air...

UATP, renowned for its robust global payment network that facilitates streamlined payment processes, has entered into a strategic alliance with Klarna, a leader in AI-driven global payments.
İşbank and Instabase revolutionise money order processing with AI-driven partnership

İşbank and Instabase revolutionise money order processing with AI-driven partnership

İşbank, Turkey’s largest privately owned bank, has partnered with Instabase, a leader in generative AI solutions.

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