PayTech

French FinTech iBanFirst has successfully raised €21m ($23.8m) in a Series C round, but things could reportedly have gone very differently.

Sweden-based open banking payments platform Trustly has secured an investment from BlackRock Private Equity Partners.

Chargeback, the real-time dispute management provider, has closed a $6.6m funding round to accelerate its capacity to help merchants decrease disputes, achieve higher win rates, optimise acceptance rates, and retain more revenue.

Banking solutions provider Qube Money has signed a partnership with Galileo Financial Technologies to deliver a banking solution that boosts customers' financial awareness.

Smartphones, digital payment cards and point-of-sale terminals are expected to drive the growth of the value of the global mobile payments market from $3.71trn in 2019 to $12.4trn by 2025.

Mobile banking technology provider XTM has signed a deal to help DCBank users get instantly activated and loaded prepaid Mastercards through a cash accepting kiosk.

The UK Government Crown Commercial Service has selected PayTech company Nuapay to join its Payment Acceptance Framework.

On the back of signing multiple retail partnerships and partly due to the coronavirus, PayTech giant Klarna has announced that it has reached a record 7.85 million US customers.

Vivid Money, the mobile banking platform, has officially launched in Germany with ambitions to grow across the continent.

The US might be about to change its rules about cryptocurrencies, RegTech and digital banking in a big way.