Point of Sale

Japanese buy-now-pay-later provider Paidy completed a $120m Series D funding round.

The UK’s Financial Conduct Authority has again upped the limit of contactless payments, with the cap on single transactions rising from £45 to £100.

The UK could be increasing the contactless payments limit from £45 to £100, as one of its first moves away from the European Union.

London-based FinTech platform Butter has closed a £15.8m funding round to accelerate the rollout of its open-banking based buy-now-pay-later (BNPL) shopping app alongside developing its travel offering.

Chicago-based cannabis wholesale marketplace and payments platform, Leaf Trade closed a $5.5m Series A funding to ease payments in the sector.

Out of the 33 FinTech funding rounds we reported on last week, cybersecurity companies and cryptocurrency-based enterprises were the clear winners.

Mobile travel app Hopper pulled in $170m in a Series F funding round fueled by its new partner Capital One alongside launching Capital One Travel for the banking giant’s cardholders.

NYC-based online commercial real estate financing transaction platform, Lev raised $10m in seed funding.

Visa is in legal hot water as it faces a regulatory investigation by the US Department of Justice (DOJ) over concerns of whether it is using anticompetitive practices in the debit card market.

Zaver, a Swedish FinTech enabling merchants to accept cardless payments and offer buy-now-pay-later (BNPL) services, raised $5m in new funding.