PayTech giant PayPal launches US dollar stablecoin
PayTech giant PayPal has launched its own US dollar denominated stablecoin, designed for digital payments, PayPal USD (PYUSD).
Stax Payments bolsters team with new CEO
US FinTech Stax Payments has appointed veteran payments executive Paulette Rowe as its new CEO.
PayTech Pockit raises $10m in growth round
London-based PayTech Pockit has announced that it has secured $10m in a growth round.
Credit card FinTech Petal closes $200m debt facility from VPC
Credit card and FinTech company Petal has revealed that it has closed a committed $200 million debt facility from Victory Park Capital.
Revolut partners with Game4Ukraine to fundraise for reconsruction of Ukrainian school
Revolut has partnered with Game4Ukraine to help raise funds for the reconstruction of a Ukranian school that was struck by missiles in the war
Nigerian FinTech Traction raises $6m in seed funding amidst expansion plans
Nigerian e-commerce platform Traction has announced that it has raised $6m in a seed investment round, as it looks to accelerate company growth.
Canada’s Peloton Technologies’ funding hits $2m
Peloton Technologies, a Canadian FinTech company focused on innovating payment solutions, is marking a new milestone in its journey.
Financial Information Technologies secures strategic investment
Financial Information Technologies, a prominent technology provider that serves the beverage alcohol industry, has announced the receipt of a strategic investment from General Atlantic, a well-known global growth equity firm.
Revolut reveals 62% spike in transfers to Muslim countries during Eid al-Adha
Revolut has revealed that around 62% more money was transferred into Muslim countries during Eid al-Adha, the religion’s largest holiday.
PayTech startup Ivy secures $7.7M in seed funding
Ivy, an instant bank payment startup, has secured $7.7M in a seed investment round that was led by European VC Creandum.
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