New York-based OatFi bags $8m for B2B solutions
OatFi, a New York-based company that provides working capital infrastructure for B2B payment platforms, has raised $8m in a seed funding round.
Airwallex partners with Atome to offer BNPL services in Asia
Payment and banking infrastructure developer Airwallex has partnered with Asian buy now, pay later (BNPL) company Atome.
Allica Bank lands £100m Series C
Allica Bank, a FinTech SME challenger bank, has scored £100m in a Series C funding round headed by TCV.
Paddle makes 8% of its workforce redundant
Payments company Paddle has made 8% of its workforce redundant, which it blames on the current inflationary market and needing to hunker down for survival.
Complaints against BNPL firms surges by 36%
Complaints to the Financial Ombudsman Service against buy now pay later (BNPL) firms have risen by 36% in the past three years, according to analysis from Creditspring.
Southeast Asian buy now pay later firm Kredivo nabs $270m
Kredivo, a buy now pay later service for consumers in Indonesia and Vietnam, has reportedly raised $270m in an oversubscribed Series D funding round.
Intake-to-pay platform Zip nets $100m in Series C
Zip, an intake-to-pay platform, has secured $100m in a Series C funding round as well as launch its Zip Intake-to-Pay product.
Checkout.com unveils optimisation engine to boost merchant revenue
Checkout.com has launched Intelligent Acceptance, its latest product designed to optimise acceptance rates and aid merchant revenues.
Checkbook teams up with Zelle for faster and secure financial transactions
Checkbook, a comprehensive push payments platform, has revealed its latest payout option, an alliance with Zelle. This partnership is designed to offer Checkbook users a more seamless, trustworthy, and swift financial transaction experience.
Mastercard, Checkout.com and Careem join forces for instant wallet top-ups in the UAE
Mastercard, a global technology company spearheading the payments industry, has joined hands with Checkout.com, an acclaimed global payments solution provider, and Careem, the Middle East's renowned 'Everything App', for a transformative initiative.