German regulators may force Apple to open up its tech to rival payment providers
Apple is not happy. The Cupertino-based tech titan may soon find itself being forced to allow rival payment providers to get access to its technology after German’s parliament voted in favour of new regulations.
Rapyd to expand its global reach through new Visa agreement
FinTech solution integrating expert Rapyd has made no secret of its global ambitions. Now, the unicorn has taken another step to realising its vision through a new Visa partnership.
Nium secures investment to support international growth
Nium, which helps businesses send, spend and receive money across borders, has secured an investment to support international expansion.
Kashier Payments said to raise a seed investment
Egypt-based Kashier Payments has reportedly closed a seed round led by Glint Ventures.
Israeli bank launches digital wallet FibiPay to boost online payments
With an aim to disrupt and digitise the payment sector, the First International Bank of Israel launched new mobile wallet app, FibiPay.
Italy-based headless commerce platform Commerce Layer lands $16m
Commerce Layer closed a $16m Series B funding round led by Coatue Management, with participation from existing investors Benchmark and Mango Capital.
Dwolla reels in $21m to customise money transfer options for FinTechs and brands
Iowa-based modern payments platform provider Dwolla raised $21m in funding.
Amazon to offer BNPL services to its US market through Affirm alliance
Global retail giant Amazon has partnered with buy now, pay later (BNPL) company Affirm to provide its US customers with a BNPL option at the checkout.
Crypto PayTech MoonPay secures $555m in highly subscribed Series A
MoonPay, a company that builds payment infrastructure for cryptocurrencies, has closed a Series A financing raise on $555m.
Global QR code payments spend to exceed $3trn by 2025
Global spend using QR code payments is expected to exceed $3trn by 2025, rising from $2.4trn in 2022, according to a new Juniper Research report.