PayTech

4Trans, a Czech-based FinTech specialising in financial products for supply chain and logistics companies, has raised €18m.

International payment solution and infrastructure developer Currencycloud will help Bano, a new Australia-based financial superapp, launch its FX Converter tool to make remittances easier.

Over the past few years, alternative lending has seen its position in the lending market grow considerably as needs and requirements change. In a recent post by cross-border payments firm Currencycloud, the company outlined why it believes alternative lending is not a passing trend.

India-based Pine Labs has completed its third acquisition of the year with the purchase of  Setu, an API FinTech startup.  

Tapcheck, which develops employee financial wellness and earned wage access services, has scored $20m in its Series A funding round.

Raisin Bank, a German banking-as-a-service company, is set to enter the payments sector after agreeing to buy a unit of Bankhaus August Lenz.

Gratuity management software Kickfin has picked up $11m in its seed round.

Global payments platform SumUp has bagged €590m in a funding round that values the company at €8bn.

The UK government has announced new plans to strengthen the regulation of interest-free buy now, pay later (BNPL) credit agreements.

Appletree digital commerce, has unveiled the Taking One Million African Traders Online Movement (TOMATO), its solution to the lack of opportunities for the youth across Africa.