PayTech

eCommerce company Benitago reportedly files for bankruptcy

New York-based eCommerce company Benitago has reportedly filed for bankruptcy, less than two years after raising $325 million in funding.

Mangopay and Spryker collaborate to revolutionise online platform development

Mangopay, the renowned platform-specific payment infrastructure provider, and Spryker, the leading composable commerce platform for advanced B2B Commerce, Enterprise Marketplaces, and Thing Commerce use cases, have declared their strategic alliance.
Kiwibank and UnionPay join forces A new era for New Zealand's payment systems

Kiwibank and UnionPay join forces: A new era for New Zealand’s payment systems

UnionPay International (UPI), the global arm of a leading payment network, has formed an alliance with Kiwibank, New Zealand's local banking hero. This fresh collaboration ensures that Kiwibank's eligible merchants can now accept UnionPay cards for in-person transactions, commencing from the 1st of August, 2023.

German FinTech Ivy raises $20m in funding round

Open banking payments start-up Ivy, has managed to secure $20m in its Series A funding round, as it looks to take its expand its banking deals into more geographies.

PhonePe launches innovative stock broking app

Mobile payments app PhonePe announced today that its subsidiary, PhonePe Wealth Broking, has launched an innovative stock broking app.

Klarna become first bank to deploy ChatGPT Enterprise

Klarna has revealed that it is the first bank to adopt Open AI's Chat GPT Enterprise platform, as it continues to lead the race for AI implementation into online banking.
PandaDoc acquires Denario

PandaDoc acquires Denario: A leap in payment workflow for startups

PandaDoc, a digital document automation software company, has announced its acquisition of Denario, a renowned FinTech startup. The merger promises to transform the realm...

Weave introduces Scan to Pay to Payment Suite

Weave has revealed that it will add Scan to Pay to its comprehensive Payment Suite, in a bid to make the payment process more efficient.

GoCardless Partners with Commusoft to offer cost-effective payments

Bank Payments company GoCardless has partnered with Commusoft,a leading software provider for trade companies, to offer its customer base cost-effective payments via open banking.

Trustly acquires SlimPay in €70M deal

Swedish payments firm Trustly has acquired SlimPay in a €70M deal, sit looks to continue its European expansion plans.

News Stories

Siemens reinforces its pioneer status with new €300m blockchain-based digital bond

Siemens reinforces its pioneer status with new €300m blockchain-based digital bond

Siemens AG, a frontrunner in technological innovations, has issued a new digital bond, reinforcing its position as a pioneer in the FinTech sector.
American Binary secures $1m investment from HEST to enhance quantum encryption

American Binary secures $1m investment from HEST to enhance quantum encryption

American Binary, a trailblazer in post-quantum encryption technologies, has recently secured a strategic investment.
Hypernative secures $16m in Series A to enhance Web3 security solutions

Hypernative secures $16m in Series A to enhance Web3 security solutions

Hypernative, a leader in Web3 security solutions, has successfully secured a $16m Series A funding round.
The Investment Association (IA) opens its 8th FinTech accelerator

The Investment Association (IA) opens its 8th FinTech accelerator

The Investment Association (IA) has officially launched the application phase for the eighth iteration of its esteemed Engine Innovator Programme, a pivotal accelerator designed to spur FinTech advancements within the investment management sphere.
Revolut escalates global presence with new BillPay for businesses, revenues hit $500m

Revolut escalates global presence with new BillPay for businesses, revenues hit $500m

Revolut Business has announced that its global revenues now exceed $500m (£380m), alongside monthly transaction volumes of £17bn.

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