PayMongo lands funding in Philippine take-over
Philippines-based FinTech PayMongo, which enables merchants to accept digital payments, has raised $31m in Series B funding as it looks to expand regionally.
Visa concludes Tink acquisition
Payments giant Visa has officially completed the acquisition of open banking platform Tink for an undisclosed fee.
Dapio inks $3.4m to launch Tap to Pay in UK and Europe
Cashless payment solution provider Dapio has secured $3.4m in funding to support the launch of its ‘Tap to Pay’ solution for Android users in the UK and Europe.
Copper secures $29m for teen-friendly financial platform
Copper, a US bank which set out to become teens’ bank account of choice, has raised $29m in Series A funding.
British cross-border payment startup Kapaga bags ?1.5m
UK-based cross-border payment platform Kapaga has raised ?1.5m in a funding round led by Tiger Global.
Why alternative lending is not a passing trend
Over the past few years, alternative lending has seen its position in the lending market grow considerably as needs and requirements change. In a recent post by cross-border payments firm Currencycloud, the company outlined why it believes alternative lending is not a passing trend.
Openull bags funding for BNPL platform in South Korea
South Korea-based FinTech Openull has raised an undisclosed amount in a pre-Series A funding round.
Mexico’s digital payments service Clip secures $50m credit facility
Mexico-based commerce and digital payments platform Clip has received a $50m credit facility from Morgan Stanley, JP Morgan and HSBC.
TripActions lands $300m Series G amid business travel resurgence
TripActions, an all-in-one travel, corporate card and expense management company, has raised $300m in Series G funding.
MANGOPAY names its new chief technology officer
MANGOPAY, a European payment solution provider, has named Ronen Benchetrit as its new chief technology officer, following the acquisition by Advent International.