Digital gratuity software Kickfin picks up $11m
Gratuity management software Kickfin has picked up $11m in its seed round.
Payments firm SumUp hits €8bn valuation
Global payments platform SumUp has bagged €590m in a funding round that values the company at €8bn.
Just 5% of UK businesses only accept cash transactions
With the pandemic accelerating the shift towards a cashless ecosystem, just 5% of UK businesses only accept cash transactions, according to new research from YouLend and Dojo.
Southeast Asia payment giant Xendit bags Series D
Southeast Asia-focused payments infrastructure platform Xendit has closed its Series D funding round on $300m.
Global QR code payments spend to exceed $3trn by 2025
Global spend using QR code payments is expected to exceed $3trn by 2025, rising from $2.4trn in 2022, according to a new Juniper Research report.
Fingerprints and Mswipe for biometric payment solutions in India
Biometrics company Fingerprints has partnered with Mswipe, an India-based end-to-end digital enabler for SMEs, to bring a contactless biometric payment card to India.
Lithuania’s kevin. scores $65m second funding round in 6 months
Lithuanian FinTech startup kevin. has raised $65m for its Series A funding round, which comes six months after its $10m seed round.
Zilch partners with Experian for BNPL credit reporting
UK-based Buy Now, Pay Later (BNPL) FinTech Zilch has partnered with Experian, a global information services company, to begin reciprocal reporting of BNPL credit information.
Colombian PayTech Bold scores Series B
Bold, which helps Colombian businesses accept electronic payments, has collected $55m in its Series B funding round.
State Bank of India backs Pine Labs with $20m investment
Indian buy now, pay later (BNPL) firm Pine Labs has secured a $20m investment from the State Bank of India, the largest commercial bank in the country.