LendingUSA picks up $200m to keep expanding its business
Point-of-sale financing provider LendingUSA has closed a new credit facility and received a total financing package of up to $200m from Atalaya Capital Management.
Sezzle unveils new virtual card powered by Marqeta
Instalment payments platform Sezzle has released its virtual card for shoppers, enabling customers to pay using interest-free instalments both in-store and online.
Payment processing market to be worth $120.7bn by 2025
New research suggests that the value of the payment processing solution market is expected to grow from $74.4bn in 2020 to $120.7bn in 2025.
SIA, Ferrotramviaria and Tecknè deal to enable contactless payments for Karol Wojtyla International Airport...
A new service from Ferrotramviaria and SIA and Tecknè will give travellers who use the rail service connecting Karol Wojtyla International Airport and Bari city centre the option to use contactless payment.
Nium receives licence to issue e-money and provide cross-border digital payments in the UK...
The Financial Conduct Authority has given Singaporean FinTech Nium an Electronic Money Institution (EMI) licence.
PayPal has launches buy now, pay later offering Pay in 4
Just days after Klarna announced that its losses had grown sevenfold in the first half of 2020, PayPal has launched a buy now, pay later offering similar to the one given by Klarna and its rivals such as AfterPay and Affirm.
Global 66 closes seed round on $4.6m as it looks to enter Canadian market
Chile-based Global 66, an international money transfer platform, has reportedly closed its seed round on $4.3m.
IDnow acquires Wirecard Communication Services
Identity verification company IDnow has agreed to buy Wirecard Communication Services, a deal that will see IDnow retain the Leipzig location and keep most of its employees.
Wirecard innovation team joins finleap
One innovation team from collapsed FinTech giant Wirecard has joined Berlin-based FinTech finleap.
Mastercard announces new touchless shopping solutions
Payment giant Mastercard has inked deals with with Circle K, Delaware North, Dunkin’ and White Castle to enable more touchless shopping as the coronavirus pandemic makes in-person shopping more risky.