Mastercard invests in Polish FinTech Verestro
Warsaw headquartered Verestro has picked up an investment from payment giant Mastercard.
Wirecard’s Dublin office raided by police
Irish police raided failed payments technology giant Wirecard's Dublin offices at the end of last week.
27 FinTech rounds from the last week you can’t afford to miss
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.
Macy’s invests in European FinTech decacorn Klarna
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.
Mobile payment market to be worth $4.57trn by 2023
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.
Dutch payments company Payaut said to raise €1m in a funding round
Netherlands-based automated payments company Payaut has reportedly bagged €1m in a funding round.
Checkout.com warns businesses could risk losing $20bn because legitimate online payments are rejected as...
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 to roll out Click to Pay standard...
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.
Brazil-based Swap said to raise $3.3m in funding
Swap, a Brazilian FinTech helping companies access payments, has reportedly raised $3.3m in a funding round.
FinTech backer Sequoia Capital India has raised $1.35bn from LPs in two new funds
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...