Could Christmas be the death knell for credit card payments?
A recent report by Klarna has found that one in two UK consumers are planning to discard their credit card entirely for Christmas shopping this year.
James Corden-backed Imprint lands ?38m from Series A funding haul
Branded payments company Imprint has secured ?38m from a Series A funding round backed celebrity James Corden and payment giant Stripe.
Credit Suisse backs FinTech Kafene in $75m financing haul
FinTech company Kafene has scored $75m in debt and equity funding as it looks to scale its market footprint across the US.
Neo Financial receives grant to support new jobs in Canadian state of Manitoba
Neo Financial, a FinTech helping consumers to spend, save and earn rewards, has received a $1.6m grant from the Province of Manitoba – a Canadian state – to support the FinTech company’s growth in the region.
PayZen closes funding to bolster underwriting capabilities of its AI
PayZen, which is on a mission to help patients pay for hospital care in a more manageable way, has secured $15m in its Series A as it gears up its AI development.
Amazon to stop accepting UK-issued Visa credit cards
Amazon has issued a notice to its customers that it will stop accepting Visa credit cards issued in the UK from 19th January 2022, citing the high fees charged for transactions.
FinTech unicorn Upgrade closes Series F hot of the heels of former round
Upgrade has secured $280m in its Series F funding round, which was raised at a $6bn pre-money valuation.
Aplazo looks to extend LatAm presence following $27m Series A
Mexican buy now, pay later (BNPL) company Aplazo has netted $27m from a Series A funding round led by Oak HC/FT.
In-vehicle payment market anticipates huge 5000% growth spurt by 2026
A recent study by Juniper Research has found that the in-vehicle payment market will see growth of over 5,300% over the next five years.
Africa gets a new FinTech unicorn as Chipper Cash joins the club
Cross-border payments company Chipper Cash has become a FinTech unicorn after a $150m Series C extension round pushed its valuation just above $2bn.
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