Point of Sale

Google Pay is expanding in India with a new platform for merchants. The Spot Platform will empower businesses owners to create branded commercial experiences that bridge the offline and online worlds.

Credit card startup Petal has received $300m in debt capital from global investment bank Jefferies, adding to a previous $30m facility last year.

The world is in the midst of a cashless payment boom. However, many banks will not take the steps to embrace open banking and fear the looming threat of big tech companies’ competition.

Trigo is an autonomous checkout startup and has just announced that it has raised a $22m early-stage funding round.

British H&M customers can now buy new threads and pay later thanks to a new solution provided by Klarna, the Swedish FinTech unicorn.

Stripe, payments processing giant, has launched its services in services in Poland, Estonia, Latvia, Lithuania, Slovakia, Slovenia, and Portugal.

Text-based payment processing system Everyware has closed its Series A round to help expand its verticals of operation.

Indian FinTech unicorn Paytm lost $549m in the financial year ending in March.

Payments company Rapyd has added TNG FinTech Group, the Hong Kong-based e-wallet and e-money platform provider, to its network.

Canadian TouchBistro, the point-of-sale payment solution for restaurants and pubs, has joined forces with Barclaycard, the global payment business.