PayTech

Warsaw headquartered Verestro has picked up an investment from payment giant Mastercard.

Irish police raided failed payments technology giant Wirecard's Dublin offices at the end of last week.

Our weekly roundup of the big FinTech trends from the past seven days is all you need to keep yourself updated on what's happening in the industry.

Just a few weeks after Klarna was named Europe's most valuable FinTech company on the back of a $650m round, the Swedish decacorn has now received new investment from Macy's.

The ubiquity of smartphones and internet access is expected to push the value of the mobile payment market to be worth $4.57trn by 2023, according to new research.

Netherlands-based automated payments company Payaut has reportedly bagged €1m in a funding round.

Businesses risk losing over $20bn annually due to legitimate transactions being rejected as fraudulent, which could cause a serious dent in their coffers as they recover from Covid-19, according to new research from Checkout.com.

American Express, Visa, Mastercard and Discover have already signed up 10,000 US merchants since launching the Click to Pay standard in the US in 2019 and is now expanding the scheme across the world.

Swap, a Brazilian FinTech helping companies access payments, has reportedly raised $3.3m in a funding round.

The Indian branch of venture capital firm Sequoia Capital has announced that it has raised $1.35bn in an effort to bolster its continuous investment...