PayTech

Payment Cloud Technolofies, Tuxedo Money Solutions merge to form Omnio

Payment Cloud Technologies and Tuxedo Money Solutions have merged to create Omnio Group, a cloud-based banking and payments platform.

Global Payments acquires AdvancedMD from Marlin Equity

Payment service provider Global Payments has acquired healthcare billing platform AdvancedMD from Marlin Equity Partners.

LianLian Pay said to secure $146m in funding from Sequoia, Boyu

China-based payment service provider LianLian Pay has reportedly raised $146m in its latest investment round.

One97 Communications said to raise $300m in funding from Berkshire Hathaway

India-based One97 Communications, the parent company of financial services giant Paytm, has reportedly received a $300m investment from Berkshire Hathaway. The value of the investment...

Fractal brings in seed funding to make ICOs compliant

Fractal, a Berlin, Germany-based blockchain technology looking to make ICOs compliant, has raised seed funding.

TruRating looks to raise £1.8m in its crowdfunding campaign

TruRating, a platform enabling consumers to leave merchant feedback at a POS terminal, is looking to raise up to £1.8m in a crowdfunding campaign.

Terra collects $32m seed round to support development of next generation payments

Terra, a cryptocurrency designed to support a next generation payment network, has collected $32m in its seed round.

AirTM bags $7m in its Series A led by BlueYard

AirTM, a financial services provider for Latin America, has bagged $7m in its Series A led by BlueYard Capital.

Nigeria-based Paystack closes Series A on $8m

Nigeria-based payments platform Paystack has raised $8m in its Series A round of funding.

Deserve raises $17m for Series C to support its scaling

Deserve, a credit card targeted at Generation Z, has received $17m in its Series C round, which was led by an unnamed strategic investor.

News Stories

Uniqkey secures €5.35m to fortify SME cybersecurity across Europe

Uniqkey, the Denmark-based cybersecurity firm, has successfully secured €5.35m in funding to expand its robust cybersecurity solutions across Europe.

FCA urges banks to boost accessibility of basic bank accounts

The FCA is urging banks, building societies, and payment firms to enhance their efforts in making basic bank accounts more accessible.

Betashares’ $198m deals the only bright spot as Australian FinTech investment more than halves

Key Australian FinTech investment stats in Q2 2024: Australian FinTech funding in the second quarter dropped by 73% YoY Average deal size dropped from...
Irish InsurTech Blink Parametric and MAWDY, a global insurance, reinsurance and services company, have teamed up to expand their real-time travel assistance service across Sub-Saharan Africa.

Blink Parametric partners with MAWDY to expand real-time travel assistance across Sub-Saharan Africa

Irish InsurTech Blink Parametric and MAWDY, a global insurance, reinsurance and services company, have teamed up to expand their real-time travel assistance service across Sub-Saharan Africa.

From threat to prevention: Addressing the surge in global sextortion scams

Sextortion is rapidly becoming a significant online threat, especially to teenagers, predominantly teenage boys.

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