Viola Credit backs B2B PayTech Balance with $350m
Balance, a B2B payments company specialising in financing and e-commerce, has raised $350m in a credit facility from Viola Credit.
Conduent launches Digital Integrated Payments Hub
Conduent Incorporated, a technology-powered process solutions company, has collaborated with BNY Mellon to launch a new Digital Integrated Payments Hub.
How Gen Z and Millennials are reshaping payments in APAC
Compared to older generations, Millennials and Generation Z are digital-first generations and have grown up with technology. Amongst other things, this is reshaping the payments market.
Africa’s adumo bags funding to consolidate recent acquisitions
Adumo, an independent payments processor, has raised R190m to further enhance its growth and expansion plans across Sub-Saharan Africa.
Visa to unveil face payments at Qatar World Cup
Visa is set to use the upcoming FIFA World Cup in Qatar to introduce face payments technology and instantly-issued prepaid cards with animated art.
Techbank Varo Bank teams up with Zelle for payments
Varo Bank, an all-digital, nationally chartered U.S. consumer techbank, has teamed up with Zelle, a developer of payment and risk management solutions.
PayZen raises $20m for healthcare buy now pay later
San Francisco-based PayZen, which offers buy now, pay later services to the healthcare industry, has reportedly raised $20m in equity.
Mastercard, bpost partner to bring inclusivity to LGBTQIA+ and blind communities
Mastercard has partnered with bpost to launch the world’s first card to include True Name and Touch Card solution, to bring inclusivity to LGBTQIA+ and blind communities .
Digital payouts FinTech WeGift raises £26m
WeGift, which claims to be an industry leader in digital payouts, has closed its Series B funding round on £26m.
Open banking app Boodil nets £525k in pre-seed haul
Boodil, a Manchester-based provider of an open banking payments and consumer engagement app, has scored £525k in a pre-seed raise.