Mexico-based PayTech app Nelo raises $100m
Nelo, which offers a consumer payments platform for online purchases in Mexico, has secured a $100m credit facility.
BNPL Sezzle secures $100m credit after meger falls through
Buy now, pay later (BNPL) platform Sezzle has entered a $100m credit facility agreement with affiliates of Bastion Management II.
J.P Morgan backs all-in-one payments platform Tilia
All-in-one payments platform Tilia has secured strategic investment from banking giant J.P Morgan Payments.
Spend management platform Payhawk launches Partner Program
Spend management platform Payhawk has launched its Payhawk Solution Partner Program, giving its customers access to services partners.
Retail enablement company Zid closes Series B
Saudi Arabia-based Zid, which stylises itself as a retail enablement company, has raised $50m for its Series B funding round.
Financial services fear fraud rise with cost-of-living crisis
Nearly half (43%) of financial services expect the cost-of-living crisis to increase the risk of financial crime and fraud over the next 12 months.
CLOWD9 launches world’s first payments processing platform
UK-based CLOWD9 has launched the world’s first cloud-native, cloud certified, decentralised, payments processing platform.
Ualett raises $50m credit for gig economy payment app
Ualett, which offers an online cash advance app to the gig economy, has secured a $50m credit line, through a new partnership with Thiele Capital Management.
BlueSnap, BitPay partner to improve crypto payments
Global payment orchestration platform BlueSnap has partnered with BitPay, a bitcoin and cryptocurrency payment services provider, to improve access to crypto business payments.
Instant payments firm Astra nets $10m
Astra, a provider of instant card-to-card funding-as-a-service, has raised $10m in a Series A funding round led by FPV Ventures.
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