Swedish FinTech Open Payments raises €3m growth round
Open Payments, a Swedish FinTech company, has collected €3m in a growth funding round led by Industrifonden, Sweden's venture capital fund.
Zenus Bank acquires Financial Urban Exchange to support LatAm and Caribbean
Zenus Bank, a digital bank that allows people to open US bank accounts around the world, has acquired real-time payments company Financial Urban Exchange.
Payments technology developer SKUx scores $11m
SKUx, a payments technology and consumer engagement platform, has secured $11m in its Series A funding round to help it scale its product offerings.
Cross-border payments company Thunes raises $30m, so far
Thunes, a cross-border payments FinTech company, has reportedly raised $30m in an ongoing Series C funding round.
J.P. Morgan to pilot biometric payments in US
J.P. Morgan is launching a pilot of biometrics-based payments with select retailers in the US.
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.
Two nets Series A to aids its goal of accelerated B2B transactions
Two, which is helping to make B2B transactions frictionless, has secured €18m in its Series A funding round.
Monite secures seed funding for its embedded finance platform
Monite, an API-first embedded finance workflows startup, has raised $10m in seed funding to start “a new wave in embedded finance.”
Western Union supports money transfers in Vietnam with MoMo
Multinational financial services firm Western Union has signed a collaboration deal with MoMo to facilitate money transfers in Vietnam.
Mastercard teams with PayTechs on cross-border payments
Mastercard has partnered with payment processor PXP Financial and payments infrastructure firm Payall to boost cross-border payments.