Alipay partners with Zapper for UK payments
Chinese mobile payments service Alipay is partnering with UK consumer insights and marketing platform Zapper.
Square loses general counsel Dana Wagner
Square’s general counsel Dana Wagner is stepping down from his role at the end of September after five years at the payments firm.
Remittances are driving financial inclusion thanks to mobile
The World Bank estimates remittances to be a $600bn industry. Somaliland-born founder of WorldRemit, Ismail Ahmed, believes it could be worth a lot more.
Dream Payments swipes $1.5m for mobile card reader
Mobile payments platform for businesses Dream Payments has picked up $1.5m in a new round of funding led by Connecticut Innovations (CI).
Digital X picks up $1.2m and signs deal for blockchain remittances
Australian blockchain-based software developer Digital X has raised AUS$1.62m ($1.2m) in post-IPO equity and inked a new deal with remittances company UniTeller.
Stripe valued at $9bn following new $150m round
Payments processor Stripe has raised $150m in a Series D round of funding led by General Catalyst and CapitalG. The round makes it the US' most-valuable FinTech startup.
French startup Wynd swipes €30m for POS solution
French point-of-sale (POS) startup Wynd has picked up €30m in a Series B round of funding. The capital comes from Sodexo Ventures, Orange Digital Ventures and Bpifrance.
PayU brings on former PayPal senior director as CCO
Payment services provider PayU is bringing on former PayPal senior director Matthias Setzer as global chief commercial officer. He joins the firm having spent 12 years at PayPal.
Klarna picks up team and tech of bankrupt Cookies
Swedish payments processor Klarna is acquiring the technology and team behind bankrupt peer-to-peer payments app Cookies. No price is disclosed on the deal.
PayKey unlocks $6m to bring P2P payments to messaging
Peer-to-peer payments service PayKey has raised $6m in a Series A round of funding co-led by e.ventures and Gaby Salem of Wharton Asset Management.