PalmPay said to grab $40m in funding and launch in Nigeria
PalmPay, a mobile-payments system, has reportedly netted $40m in funding alongside the launch of its services in Nigeria.
Japanese BNPL firm Paidy inks $120m in Series D funding
Japanese buy-now-pay-later provider Paidy completed a $120m Series D funding round.
Mastercard, Verizon team to introduce 5G to payments market
Mastercard and Verizon Business have entered a strategic partnership aimed at bringing ‘transformational solutions’ to the global payments and commerce industry.
Fattmerchant raises $10.5m to support new product launch later in the year
Payment solution provider Fattmerchant has closed a Series C round on $10.5m to support the launch of a new product later in the year.
First Data partners with Ellie Mae to support the mortgage process
Online payment processor First Data has partnered with Ellie Mae to create a secure solution for processing mortgage and appraisal fees.
Global payments startup Endpoint Payment Solutions nets pre-seed
Endpoint Payment Solutions, which offers a global payments solution, has closed its pre-seed round on an undisclosed amount.
Mint Payments raises $6.6m through share sale, equity injection
Australia-based Mint Payments has raised $6.6m in its oversubscribed share purchase plan and funding round.
Veem expands real-time payments capabilities
Veem, a leading provider of global accounts payable and receivable solutions for businesses, has expanded its real-time payment capabilities, by releasing of virtual cards for small businesses in the U.S.
How the coronavirus will affect different segments of the FinTech industry
As COVID-19 rages on across the world, the affects on the FinTech segment of the economy is already letting itself be known.
Klarna has reached a record 7.85 million customers in the US partly because of...
On the back of signing multiple retail partnerships and partly due to the coronavirus, PayTech giant Klarna has announced that it has reached a record 7.85 million US customers.