Payment processing market to be worth $120.7bn by 2025
New research suggests that the value of the payment processing solution market is expected to grow from $74.4bn in 2020 to $120.7bn in 2025.
Klarna expands partnership with Wayfair
Arguably Europe’s most valuable FinTech unicorn Klarna is expanding its partnership with Wayfair, the online home shopping platform.
Credit card platform Deserve nets $12m round led by Accel
Generation Z credit card provider Deserve has closed a $12m funding round led by Accel.
Fintech acquires cloud-based business intelligence provider STX Business Solutions
Financial Information Technologies, LLC (Fintech), business solutions provider for the beverage alcohol industry has acquired STX Business Solutions.
Klarna launches Pay in 3 in Italy
Europe's most valuable privately owned company Klarna has officially launched in Italy with the introduction of Pay in 3.
Payments firm SumUp hits €8bn valuation
Global payments platform SumUp has bagged €590m in a funding round that values the company at €8bn.
Mypinpad secures $13m from Crossfin to bolster mobile payment solutions
Mypinpad, the global spearhead in mobile card payments acceptance and identity authentication software solutions, has announced a successful investment round.
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.
CardX raises $2m in growth equity from Pace Financial
CardX, which builds technology solutions for credit card surcharging, has raised an additional $2m in growth financing.
Ansa raises $5.4m for its digital wallet infrastructure for merchants
Ansa is a first-of-its-kind digital wallet infrastructure platform for merchants, and it has closed its first round of funding on $5.4m.
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