PayTech

CashFlow scoops up payments firm iCheque

Cambridge-based CashFlow is acquiring fellow Silicon Fen payments solution iCheque Network. The terms of the deal are undisclosed.
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Tipalti lands $14m for mass B2B payments

Automated B2B payments provider Tipalti has raised $14m in a new round of funding led by SGVC.
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Stripe schmoozes developers by chugging down Tonic

Payments provider Stripe is broadening its appeal to developers with the acquisition of node prototyping service Tonic. The financial terms of the deal are undisclosed but Tonic is rebranding to Runkit.

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.
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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.
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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.
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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.
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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.
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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.
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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.

News Stories

Salt Bank selects Napier AI to enhance AML compliance for Romania’s first digital bank

Salt Bank selects Napier AI to enhance AML compliance for Romania’s first digital bank

Napier AI, a London-based RegTech specialising in financial crime compliance, has partnered with Salt Bank, the first Romanian neobank and the fastest-growing in Southeastern Europe.
FCA finalises sustainability disclosure rules to tackle greenwashing

FCA finalises sustainability disclosure rules to tackle greenwashing

The UK Financial Conduct Authority (FCA) has published a policy statement confirming the final rules under the Sustainability Disclosure Requirements (SDR) and investment labels regime.
Endava partners with Finexos to revolutionise AI-driven credit risk management

Endava partners with Finexos to revolutionise AI-driven credit risk management

Endava, a leading technology services company combining world-class engineering, industry expertise, and a people-centric mindset, has announced its partnership with Finexos, an AI-powered credit risk and analytics platform.
DKK Partners and Seed Group collaborate to enhance financial connectivity in MENA

DKK Partners and Seed Group collaborate to enhance financial connectivity in MENA

DKK Partners, a leading FinTech company specialising in emerging markets and foreign exchange liquidity, has partnered with Seed Group, a company of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, based in Dubai.
Encompass Corporation appoints Nynke Postma as Head of Business Development

Encompass Corporation appoints Nynke Postma as Head of Business Development

Encompass Corporation, a leader in Corporate Digital Identity (CDI), has appointed Nynke Postma, the founder and former CEO of Blacksmith KYC, as the new...

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