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.