MarginEdge lands $45m in Series C funding
Restaurant management and bill payment platform MarginEdge has scored $45m in a round of Series C funding.
Contactless payment transaction value to reach $10trn by 2027
The value of contactless payment transactions is expected to reach $10trn by 2027, up from $4.6trn in 2022, according to data from Juniper Research.
Nigerian challenger bank Kuda launches in the UK
Kuda, a Nigerian challenger bank, has launched in the UK as part of its major global expansion efforts.
KodyPay closes pre-Series A to transform payment acceptance
KodyPay, which is helping to simplify in-person payment acceptance, has raised $5m in its pre-Series A funding round.
ACI Worldwide to support GoldPoint Systems in bill payment digitalisation
ACI Worldwide, a provider of real-time payments software, will enable loan management software provider to digitise its bill payments and boost its customer experience.
Mexico’s digital payments service Clip secures $50m credit facility
Mexico-based commerce and digital payments platform Clip has received a $50m credit facility from Morgan Stanley, JP Morgan and HSBC.
What will the election of Liz Truss mean for UK FinTech?
After a gruelling two-month long election period, the Conservative and Unionist Party has elected Liz Truss to be its new leader and Prime Minister.
SlimPay to expand account-to-account payments through Tink
Payments firm SlimPay and open banking platform Tink have teamed up to provide merchants access to open banking powered account-to-account payments.
UK FinTech giant Revolut surpasses 20 million customers
UK FinTech giant Revolut has surpassed 20 million retail customers around the world and is processing over 250 million transactions each month.
Nearly 9 in 10 card payments now contactless, Lloyds finds
Data from Lloyds Bank has found that spend on debit cards made in person using contactless technology has soared from 65% to 87% in the last three years.
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