Klarna rival Laybuy hauls in A$35m to boost its footprint in the UK
New Zealand-based buy now pay later firm Laybuy has closed a A$35m capital raise to further its push into the UK market.
Deutsche Bank joins forces with PayTech Silverflow to build new payment tech stack
Banking giant Deutsche Bank teamed up with NL-based Silverflow to launch new payment solutions for corporate banking clients in Germany and PSPs across Europe and the US.
POS terminal transaction volume to exceed $17.3trn by 2026
The total value of transactions processed by POS terminals will grow by 28% to exceed $17.3trn by 2026.
Crypto wallet Zumo launches virtual Visa debit card where users can pay by crypto
Edinburgh-based cryptocurrency wallet and payment platform Zumo launched a virtual card offering to enable users spend cryptocurrencies.
Sweden’s Trustly scraps $950m IPO plans after review by Swedish FCA
Swedish FinTech Trustly has shelved its $950m IPO plans following a review by regulators which raised issues over due diligence procedures.
Blockchain infrastructure platform Paxos picks up $300m, takes its valuation to $2.4bn
New York-based cryptocurrency exchange Paxos raised $300m in a Series D funding round taking its valuation to $2.4bn.
Dama Financial scores $12.6m to extend financial solutions to cannabis operators
California-based banking and financial solutions provider for cannabis businesses Dama Financial closed a $12.6m growth equity raise, bringing its total funding to $24m to date.
Revolut might get decacorn status in upcoming funding round
London-based digital banking app Revolut is reportedly eyeing a fundraise that would value the company at over $10bn, as reported by Sky News, which cited unnamed sources.
Restaurant payment app Sunday grabs $24m in a seed funding round
FinTech firm facilitating QR code restaurant payments Sunday raised a $24m seed round.
Nordic Capital-backed payments firm Trustly to go public
Swedish payments firm Trustly intends to list its shares on the Nasdaq Stockholm exchange.