PayTech

Coda Payments reportedly raises $20m in private equity

Coda Payments has reportedly raised $20m in a funding round led by private equity firm Apis Partners.

Radpay secures seed round which values the business at $10.2m

Global payment processor Radpay has scored $1.2m in a seed round which puts the business valuation to $10.2m.

Northzone closes $500m fund to invest into FinTech startups

The venture capital firm that has supported FinTech success stories like Klarna, Qapital and MarketFinance is gearing up to support another round of startups.

Swedish sites unable to sell stuff online as e-commerce platform Litium fails to provide...

Electricity outage in Stockholm could have caused millions of lost revenues for Swedish online shops.

German regulators may force Apple to open up its tech to rival payment providers

Apple is not happy. The Cupertino-based tech titan may soon find itself being forced to allow rival payment providers to get access to its technology after German’s parliament voted in favour of new regulations.

Chinese investors help Nigerian payments startup OPay secure $120m Series B investment round

Lagos-based OPay, the FinTech startup, has bagged $120m in a massive new investment round to scale its Nigerian presence and to tap into Kenya, Ghana and South Africa’s markets.

PalmPay said to grab $40m in funding and launch in Nigeria

PalmPay, a mobile-payments system, has reportedly netted $40m in funding alongside the launch of its services in Nigeria.

Social media platform TikTok taps into social commerce

TikTok, the social media platform famous for its short video snippets, is opening up the network to e-commerce.

PayPal pulls the plug on PornHub performers’ payments

Thousands of performers on pornography website PornHub have reportedly been cut off from using PayPal’s services.

Refundit collects $9.8m to help travellers ease VAT returns

Refundit, a service helping travellers reclaim VAT refunds digitally, has collected $9.8m in funding.

News Stories

Solid week for FinTech deals with 28 recorded

A total of $459m was raised across all the FinTech deals that were recorded this week by FinTech Global.  Leading the way of all the...
Paystand spearheads zero-fee B2B payments network expansion into Canada

Paystand spearheads zero-fee B2B payments network expansion into Canada

Paystand, renowned for its blockchain-enabled B2B payments, is extending its zero-fee network to Canada, enhancing the scope of its services beyond the initial limited offering since 2018.
Hex Trust joins forces with Grass to revolutionize AI data collection

Hex Trust joins forces with Grass to revolutionize AI data collection

Hex Trust, a prominent digital asset solution provider catering to institutional finance and the Web3 ecosystem, has announced a strategic partnership with Grass.
Avaloq and Zürcher Kantonalbank launch innovative digital asset service

Avaloq and Zürcher Kantonalbank launch innovative digital asset service

Avaloq has introduced its cutting-edge digital asset platform at Zürcher Kantonalbank (ZKB), one of Switzerland's premier banking institutions, in collaboration with Fireblocks.
Barq and Mastercard collaborate to transform payment technology in Saudi Arabia

Barq and Mastercard collaborate to transform payment technology in Saudi Arabia

Barq, a pioneering FinTech startup from Saudi Arabia, has joined forces with the global financial services giant, Mastercard.

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