Restaurant POS terminal TouchBistro nets CAD $72m Series D
TouchBistro, a restaurant POS terminal, has raised CAD $72m ($54m) in its Series D financing round.
Treez bags $11.5m in Series A led by Intrinsic
Treez, a POS software developer for the legal cannabis sector, has bagged $11.5m in its Series A round.
Mastercard agrees $300m cornerstone backing for IPO of PE-backed Network International
Mastercard has agreed to make a $300m cornerstone investment in the planned London IPO of private equity-backed payments processing business Network International.
Banks fear open-banking and tech titans as non-cash payments soar around the world
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.
Nationwide buys share in donations app Percent
Donations app startup Percent is getting backed by Nationwide Building Society.
SpotOn Transact nets $50m in its Series B
SpotOn Transact, a payment solution developer, has netted $50m in its Series B round.
Klarna announced new partnership with shoe retailer the Dune Group
Buy now, pay later company Klarna has signed a partnership with the Dune Group as it keeps expanding.
Visa buys stake in Global Processing Services
Payment giant Visa has made a strategic investment into Global Processing Services (GPS), a payments issuer processor.
The UK increases the contactless payments cap to £100
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.
Klarna becomes Europe’s highest-valued private FinTech after netting $639m in funding
Swedish-based BNPL giant Klarna raised more than $639m in a new private fundraising round, led by Japan’s SoftBank, boosting its valuation to almost $46bn.
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