Payment operating system Payrails launches from stealth
Payrails, which stylises itself as an operating system for payments and financial services, has reportedly launched out of stealth after the close of a $6.4m seed investment.
Carmoola lands £27m to transform car financing
London-based Carmoola, which claims to turn car finance on its head, has raised £27m in seed funding.
BridgerPay unveils first self-onboarding payments platform after $6m seed
BridgerPay, a firm that claims to be the world’s first payments operation platform built to automate business payment flows, has launched its platform after a $6m seed round.
MFS Africa in GTP take-over amid booming African PayTech
Digital payments network MFS Africa has entered an agreement to acquire Global Technology Partners (GTP).
India-based commerce platform Innoviti closes Series D on $45m
India-based commerce platform Innoviti Payment Solutions has collected $45m in its Series D round.
Ivory Coast-based PayTech Bizao scores $8.2m Series A
Ivory Coast-based FinTech company Bizao has reportedly received $8.2m in its Series A funding round.
Iceland supermarket rolls out interest-free BNPL product
UK supermarket chain Iceland is introducing an interest-free buy now pay later (BNPL) product for use in its shops due to the cost-of-living crisis.
Affirm teams with Amazon to introduce pay-over-time option in Canada
Affirm has expanded its relationship with Amazon to the Canadian market to boost payment flexibility.
Mason bags $7.5m for an Amazon alternative platform
Mason, a retail technology platform provider offering an alternative platform to Amazon, has raised $7.5m in seed funding.
96% of SME payments decision makers don’t understand payments
Worryingly, 96% of SME payments decision makers lack understanding of the payment process, according to a report from Cashflows, which helps merchants accept payments.
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