PPRO Group closes $50m round led by PayPal
UK-headquartered PPRO Group, a cross-border payments processor, has closed an investment round of $50m.
Mastercard, Billetera team to provide digital payments in DR Congo
Payments giant Mastercard has collaborated with Billetera to offer digital payments to consumers in the Democratic Republic of Congo (DRC).
WeChat launches its payment services in Malaysia
China-based social communication giant WeChat has launched its payment services in Malaysia.
Argentine FinTech startup Tapi secures $22m in Series A
Argentine FinTech company, Tapi, has successfully raised $22m in a Series A funding round.
Global Payments acquires SICOM in $415m deal
Global Payments has acquired SICOM Systems, a provider of POS and management solutions for restaurants, in a $415m deal.
Weee! raises up to $1.1m for latest fundraise
E-commerce platform Weee! has raised up to $1.1m in its latest fundraise, FinTech Global can reveal.
Kasikornbank enters $50m partnership to support Grab’s FinTech expansion
Kasikornbank has made a $50m strategic investment in Thai ride-hailing business Grab, as it expands its reach on Southeast Asia’s FinTech market.
Village Capital, PayPal choose 12 startups for FinTech accelerator
Village Capital and PayPal have chosen 12 startups to take part in their first FinTech accelerator in Sub-Saharan Africa.
Japanese banking giant MUFG launches JPY20bn FinTech fund
Japanese banking giant Mitsubishi UFJ Financial Group (MUFG) has launched a JPY20bn ($185m) FinTech-focused venture capital fund targeting US and Asian startups.
Chargebee gains unicorn status following $125m Series G
US-based subscription management firm Chargebee has raised $125m from a Series G funding round, raising its overall valuation to $1.4bn.