BNPL platform Scalapay snags $155m in Tiger Global-led round
Italy-based payment solution that enables customers to buy now and pay later (BNPL) without interest Scalapay raised $155m in equity funding as part of their Series A round.
Slice launches $27 credit limit cards to tap 200 million users in India
Bengaluru-based consumer credit startup slice unveiled a card that offers a credit limit from Rs 2,000 ($27) onwards, to capture 200 million Indians who struggle with online transactions.
BP Ventures pumps $11.9m in German in-car payment FinTech Ryd
BP Ventures has invested €10m (nearly $11.9m) in German in-car digital payments provider Ryd. bp’s investment will help ryd strengthen its market-leading position, expand into new international markets and...
Amazon to offer BNPL services to its US market through Affirm alliance
Global retail giant Amazon has partnered with buy now, pay later (BNPL) company Affirm to provide its US customers with a BNPL option at the checkout.
Close to half of all transactions expected to contactless by end of 2022
A report by VoucherCodes has found 47% of all transactions are expected to be contactless by the end of 2022.
UK contactless payment limit set to climb to £100 by October 2021
People in the UK will be able to make contactless payments up to a new limit of £100 from the 15th of October 2021.
Fiserv, Selecta partner to bolster cashless payments footprint in EU
FinTech firm Fiserv has collaborated with self-service retailer Selecta to enhance and streamline digital payments across Selecta’s points-of-sale.
SoftPOS vendor Phos raises €2m to scale its mobile payment offering
SoftPOS FinTech startup Phos has secured €2m in funding as it plans a Series A round later in the year.
Opay nets $400m to become Nigeria’s newest unicorn in Softbank-led funding round
Lagos-based mobile payment platform OPay reportedly raised $400m in a funding round led by SoftBank Vision Fund 2, valuing it at $2bn.
Value of instant payments expected to grow 400% by 2026
The value of instant payments is expected to grow by 470% by 2026, with it expected to exceed $27.7trn.
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