Soldo bags $11m in Series A led by Accel
London-based Soldo bags an $11m Series A funding round led by Accel.
Western Union reportedly looking to acquire MoneyGram
American money transfer firm Western Union has reportedly made an offer for fellow remittance company MoneyGram International.
PE fund backs Kenyan payments firm DPO Group
East African payments processor Direct Pay Online Group (DPO Group) has received an investment from Apis Partners.
Australia-based Spriggy nabs $2.5m
Australia-based Spriggy has reportedly raised around $2.5m in its latest funding round led by Alium Capital.
MobiKwik lands $40m strategic investment from Net1
Indian digital wallet MobiKwik has secured a deal with South African mobile payments firm Net1 that will see it receive $40m over two years as a strategic investment.
Mobile payments app Pingit said to launch online store
Mobile payments application Pingit has reportedly launched an online store enabling consumers an easy way of buying payment accessories.
AvidExchange pulls in $100m Canadian pension CDPQ
Payment and invoice processor AvidXchange has picked up a $100m growth equity investment from Canadian pension major, Caisse de dépôt et placement du Québec.
UK Chancellor examines case for new Britcoin digital currency
UK Chancellor of the Exchequer Rishi Sunak has told the Bank of England (BOE) to look at the case for a potential Britcoin or central-bank-backed digital currency.
Goldman Sachs said to buy digital credit card company Final
Goldman Sachs has reportedly agreed to acquire digital credit card developer Final to help the bank expand its consumer efforts.
NatWest lets customers set transfer limits to reduce payment scam damage
NatWest is now allowing customers to establish their own daily digital bank transfer limits to reduce the impact caused by authorised push payment (APP) scams.