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.
Revenue from embedded payments to reach $57bn by 2027
The global revenue from embedded payments for embedded finance vendors will reach $59bn in 2027, rising from $32bn in 2023, according to Juniper Research.
Unicard deploys contactless rail travel with Transport for Wales
Unicard LTD, an established provider of smart ticketing and payment solutions, has announced the deployment of its Ticketing Hub platform with Transport for Wales (TfW).