PayTech

MYOB picks up Paycorp to expand payments power

Accounting software provider MYOB is expanding its payments capabilities with the acquisition of Paycorp for A$48m ($36m).

Ant Financial expands reach with $200m investment in Kakao Pay

Ant Financial continues to expand its reach outside of China with a $200m investment in South Korean mobile giant Kakao finance subsidiary Kakao Pay.

Ant Financial backs Philippines FinTech player Mynt

Chinese fintech giant Ant financial is making moves in the Philippines with an investment in Mynt. The size of the deal is undisclosed.

Jakarta-based POS MOKA lands $2m in Mandiri-led round

Jakarta-based point-of-sale (POS) startup MOKA has raised $2m in a new round of funding led by Mandiri Capital.

Company cards startup Pleo picks up funding from Creandum

Previously investing in regional heavyweights such as Spotify and FinTech players Klarna and iZettle, Creandum led a fresh $3.25m investment into Pleo.

PayPal expands financial inclusion efforts with TIO buy

PayPal is expanding its offering and reaching more users with the acquisition of bill payment company TIO Networks for roughly $233m.

Exactuals scores $10m for entertainment industry payments

Complex payments provider Exactuals has raised $10m in a Series A round to modernise payments in the entertainment industry.

Klarna buys German payments firm BillPay from struggling Wonga

Swedish e-commerce payments firm Klarna is buying German payments player BillPay from UK payday lender Wonga. The price of the deal is reportedly around the £60m mark.

SparkFund picks up $7m for energy efficiency financing

SparkFund, a FinTech startups aiming to help businesses adopt energy-efficient products and services through instalment payments, has raised $7m in a Series B round.

BitPesa nabs $2.5m for pan-African digital payments

Pan-African digital currency payments startup BitPesa has secured $2.5m in a Series A round to expand across the UK, Europe and West and Southern Africa.

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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