Ant Financial ups its biometrics game with $70m EyeVerify buy
Alibaba FinTech subsidiary Ant Financial is boosting its biometric capabilities through the acquisition of Kansas City-based EyeVerify.
Klarna inks major deal with UK retailer Arcadia
Swedish payments startup Klarna is inking a deal with UK retail conglomerate Arcadia to bring a “buy now pay later” offering to its e-commerce channels.
Fusebill nabs $6m for SME billing platform
Ontario-based Fusebill has raised $6m in a Series A round of funding. The capital for the SME subscription billing platform comes from individual backers.
Yunnex lands $45m for point-of-sale solutions
Chinese point-of-sale (POS) solutions provider Yunnex has raised $45m in a Series B round of funding.
TransferWise enters Asian market with Japanese launch
London-based remittances startup TransferWise is entering the Asian market and launching in Japan. It follows news that the company saw its revenues triple last year but increased it losses.
Afrimarket lands $11m for cash-to-goods remittances
Afrimarket, a cash-to-goods money transfer service focused on French-speaking Africa has raised €10m ($11m) from UK-based Global Innovation Fund and PROPARCO.
Payworks swipes $4.5m for payments processing
Payments processing firm Payworks has raised $4.5m in a Series A round of funding from Rumford and HW Capital. Existing backer Speedinvest also join the round.
Iatai swipes $5m for Latin American and Caribbean services
Iatai Enterprises, a FinTech and InsurTech company serving Latin America and the Caribbean, has raised $5m in a funding round. The capital comes from private equity fund CASEIF III LP.
TerraPay expands in Europe with Pay2Global acquisition
Mobile international payments network TerraPay is acquiring Pay2Global in a deal that will allow it to expand around European markets. The size of the deal is undisclosed.
Small World passes 50 million transactions milestone
UK remittance service Small World FS has reached a new milestone having processed more than 50 million cross-border payments to date.
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