PayTech

UK FinTech Curve has unveiled the news that it is expanding its partnership with Mastercard, which will make the banking app a principal member of scheme.

Customer experience management company Paytronix Systems has secured $10m in funding to ensure it is on sound financial footing through the COVID-19 crisis.

India-based digital payments company PhonePe has reportedly collected $28m in a new funding round from e-commerce giant Flipkart.

Joining a slew FinTech ventures that have launched initiatives to support the fight against the coronavirus, Swedish payment solution provider Klarna has announced a new collaboration with ASOS.

Having previously invested in several FInTech companies, Partech is now aiming to inject even more capital into promising ventures after closing its latest seed fund – Partech Entrepreneur III.

Tinvio, which helps connect merchants and their suppliers, has reportedly raised $5.5m in its seed funding round.

Karbon Card, which offers a corporate card for startups in India, has reportedly raised $1m in its seed stage.

Hubpay, a digital wallet platform for the Middle East market, has closed its seed funding round on an undisclosed amount.

As the COVID-19 crisis continues to grow, spend management platform Soldo has launched a new solution named Soldo Care to enable governments, local authorities, and NGOs to distribute emergency aid to vulnerable citizens via Mastercard prepaid cards.

Microtransactions company Money Button has unveiled the Invisible Money Button solution to make it easier for businesses using the platform to fully embed the payments into their website or app.