What do these 28 FinTech rounds from last week reveal about the industry
Last week week saw 28 FinTechs close investment deals. Three sectors in particular proved especially successful.
Brex gets Kleiner Perkins backing in $100m investment round
Corporate credit card startup Brex has picked up $100m of investment in a round led by Kleiner Perkins Digital Growth Fund.
The digital payments market could balloon to be worth $12.4trn by 2025
Smartphones, digital payment cards and point-of-sale terminals are expected to drive the growth of the value of the global mobile payments market from $3.71trn in 2019 to $12.4trn by 2025.
Talus acquires fellow payments processor Prolific Business Solutions
Talus has acquired fellow payments processing company Prolific Business Solutions, for an undisclosed amount.
Payments firm SumUp hits €8bn valuation
Global payments platform SumUp has bagged €590m in a funding round that values the company at €8bn.
JPMorgan Chase acquires payment solution WePay
Payment solution provider WePay has been acquired by JPMorgan Chase to help integrate its solution with millions of small businesses.
Square is set to acquire website developer Weebly in deal worth $365m
Payment processor Square is set to acquire Weebly, a website developer, in a deal worth around $365m.
Payment solution Ezetap secures $16m in financing round
India mobile payment platform Ezetap has secured $16m in a financing round.
Extend snares $40m from March Capital-led Series B
Digital payments infrastructure platform Extend has secured $40m from a Series B fundraising round.
Paytm transforms android phones into contactless card payment machines with new launch
India-based digital payments provider Paytm to allow merchants and retailers use an Android phone as a payments machine for near field communication credit and debit card payment transactions.
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