PayTech

POS platform Payroc to merge with Payscape, NXGEN International and BluePay Canada

Merchant acquirer and payment processor Payroc will merge with Payscape, NXGEN International, and BluePay Canada. The deal will create a full-service global merchant acquiring and...

Stripe is officially launching in Mexico as Latin America’s FinTech scene is exploding

Mexico City is due to welcome Stripe as the payments giant becomes the latest FinTech stakeholder to bet on the opportunities in Latin America.

AZA Group collects $15m to support growth in Africa

AZA Group, which is the parent company of FinTechs BitPesa, TransferZero and BFX, has collected $15m in debt financing from The Development Bank of Southern Africa.

Lightspeed POS to acquire Kounta in $35m deal

Lightspeed POS has acquired fellow point-of-sale solution Kounta in a deal worth around $35m.

Klarna expands partnership with Wayfair

Arguably Europe’s most valuable FinTech unicorn Klarna is expanding its partnership with Wayfair, the online home shopping platform.

Commercetools bags $145m funding round

Commercetools, an API ecommerce platform, has collected $145m in a funding round from venture capital and private equity firm Insight Partners.

Expat banking solution Denizen shuts down after failing to scale

Denizen is shutting down barely three years after the global banking solution first saw the light.

Venmo announces new credit card through Synchrony partnership

Hot on the heels of its announcement about a new transfer service, Venmo has unveiled its first-ever credit card.

Ghana aims to topple Kenya as Africa’s most digitalised economy

The vice-president of Ghana has announced an ambitious programme to digitalise the country’s economy.

Radius Networks bags $15m Series A

Radius Networks, which uses machine learning capabilities to complete location-based transactions with customers, has bagged $15m in its Series A.

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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