Nigerian PayTech Paga launches Visa physical and virtual cards
Nigerian payments and financial services company Paga has launched its Visa cards, which come in both physical and virtual forms.
Walmart is said to be nearing $12bn deal for majority stake in Flipkart
US retail corporation Walmart is reportedly nearing a $12bn deal to buy a majority stake in e-commerce marketplace Flipkart.
Vyze raises £13.1m for Series C funding round
Retail payment solution provider Vyze has raised £13.1m for its Series C round which was led by Austin Ventures.
Pleo collects $16m in its Series A led by Kinnevik
Payment card provider Pleo has collected $16m in its Series A round led by Stockholm venture firm Kinnevik.
Blueday bags growth investment from Radian Capital
Revenue management company Blueday has nabbed a growth equity investment from Radian Capital.
Airwallex closes $80m Series B to support international expansion efforts
International payments provider Airwallex has closed a Series B funding round on $80m. The round picked up commitments from existing backers Tencent and Sequoia China....
Hybrid investment firm Upper90 to invest $55m into e-commerce enterprises
New York-based investment firm that injects credit and equity into e-commerce, enterprise and FinTech companies, Upper90 raised a $55m equity fund focused on e-commerce businesses and aggregators to help them access growth capital.
Flipkart said to invest $65m into mobile payments app PhonePe
India-based e-commerce company Flipkart has reportedly invested $65m into its mobile payments app PhonePe.
Oracle’s MICROS point-of-sale system hacked
Software giant Oracle’s point-of-sale (POS) credit card payment systems MICROS has reportedly been hacked by a Russian organised cybercrime group.
Tech Nation launches FinTech programme with 20 startups
Tech Nation has kicked off its inaugural UK FinTech programme with 20 companies, including a number of RegTechs.