PayTech

fintech-news

Snapdeal pumps $20m in payments arm FreeCharge

The Mumbai-based payments service was acquired by the e-commerce giant in April 2015 for $400m and competes with in the region with Alibaba-backed Paytm.
fintech-news

Bill payments processor Noventis seals $4m debt deal

Bill payments firm Noventis has secured $4m in debt financing from Silicon Valley Bank to fuel growth of its processing platform. The Houston-based company serves more than 5,000 originators

Euronet makes $1bn bid to take MoneyGram from Ant Financial

A bidding war seems on the cards over remittances service MoneyGram as Kansas-based electronic payments firm Euronet Worldwide attempts to swoop in on Ant Financial $880m acquisition.
fintech-news

Sift swipes $1.5m to unlock hidden credit card benefits

Credit card benefits and reimbursement startup Sift has raised $1.5m in a seed round from Liquid 2 Ventures and Plug and Play.

JP Morgan Chase buys tech behind failed CurrentC

JP Morgan Chase is ramping up its mobile payments offering through the acquisition of MCX payments technology.
fintech-news

PayPal backs South Korean P2P app maker Viva Republic

Viva Republic has picked up $48m in Series C round that saw participation from PayPal. Viva Republic is the parent company of South Korean peer-to-peer payments app Toss.
fintech-news

Curve to automate expenses with Xero partnership

London-based Curve is looking to simplify the process of expenses by partnering with Xero. The start-up said it will join with Xero, a New...
fintech-news

Payments-as-a-service provider Dream Payments nabs $10m

Cloud payments service Dream Payments has raised $10m in a Series A round led by FairVentures - the innovation investing arm of Fairfax Financial Holdings.
fintech-news

GV backs cross-border payments service Currencycloud

Cross-border payments technology platform Currencycloud has picked up £20m from Alphabet’s venture arm GV (formerly Google Ventures).
fintech-news

Align Commerce rebrands to Veem, closes $24m

Blockchain-based cross-border payments service provider Align Commerce has picked up $24m and rebranded to Veem. National Australia Bank (NAB) Ventures led the Series B round.

News Stories

AuthenticID's new Smart ReAuth battles identity fraud

AuthenticID’s new Smart ReAuth battles identity fraud

AuthenticID, a leader in identity verification and fraud prevention, has recently upgraded its Smart ReAuth platform.
Countingup and Sleek unveil Tax Pro: Revolutionising tax compliance for limited companies

Countingup and Sleek unveil Tax Pro: Revolutionising tax compliance for limited companies

Countingup, a prominent UK business account and financial app, has joined forces with the accountancy service Sleek to roll out a new tax solution aimed at limited company owners.
Pine Labs and Visa unite to accelerate digital payments in Bharat with new soundbox device

Pine Labs and Visa unite to accelerate digital payments in Bharat with new soundbox...

Pine Labs and Visa have partnered to launch the Pine Labs Mini, a versatile payment device aimed at boosting digital payments in Bharat.
The FinTech sector celebrated a solid week of funding, as it secured almost $750m over the past seven days.

Almost $750m raised on solid week for FinTech funding

The FinTech sector celebrated a solid week of funding, as it secured almost $750m over the past seven days.
Permata and JCB unveil the Ultimate Card for elite travel and dining experiences

Permata and JCB unveil the Ultimate Card for elite travel and dining experiences

JCB International Indonesia, a subsidiary of the global payment brand JCB International Co., and Indonesian financial giant PT Bank Permata have collaborated to introduce the Permata JCB Ultimate Card.

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