PayTech

FinTech-focused early-stage investment firm Green Visor Capital is back in the market eyeing up to $100m for its third fund.

Cambodian financial institution ABA Bank has become the first bank in the country to launch an instant card issuance kiosk, through a partnership with Compass Plus Technologies.

As e-money rises in popularity, a new International Monetary Fund (IMF) report has looked into the rise of cryptocurrencies, e-money and i-money like Facebook’s Libra and what the associated risks to the economy are.

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

Ramp Financial, which is building a corporate credit card, has reportedly raised $7m in funding.

Indonesia-based Pundi X has launched three new solutions for its cryptocurrency point-of-sale solution.

Payment platform PayPal has removed an account used by the Ku Klux Klan to raise money.

NewStore, an omnichannel platform for merchants, has collected $20m in a strategic investment.

Payments unicorn Revolut has taken another step to prepare for Brexit by picking BearingPoint RegTech’s Abacus360 Banking solution.

Barcelona-based peer-to-peer payments service Verse has raised $8.3m in a Series A round of funding. The capital comes from Spark Capital, e.ventures and Greycroft Partners.