Slice launches $27 credit limit cards to tap 200 million users in India
Bengaluru-based consumer credit startup slice unveiled a card that offers a credit limit from Rs 2,000 ($27) onwards, to capture 200 million Indians who struggle with online transactions.
French startup Wynd swipes €30m for POS solution
French point-of-sale (POS) startup Wynd has picked up €30m in a Series B round of funding. The capital comes from Sodexo Ventures, Orange Digital Ventures and Bpifrance.
How did Singapore beat China to become Asia’s biggest FinTech investment destination?
Singapore is hotbed for FinTech innovation that has overtaken China as the biggest investment destination in the region. However, its leadership position is far from certain.
Cin7 receives strategic investment from a private equity firm
Cin7, a cloud-based inventory management software and POS solution provider, has received a strategic investment from US private equity firm Rubicon Technology Partners.
Mobile POS system Thyngs moves past crowdfunding target
Mobile POS platform Thyngs has surpassed its crowdfunding target, having raised up to ?311,240 so far.
AI-powered checkout system Standard Cognition bags $5m seed
AI-powered checkout system Standard Cognition has bagged a $5m seed funding round led by Charles River Ventures.
Poland-based PeP acquires 100% stake in PayLane
Poland-based payment processing company Polskie ePlatnosci (PeP) has acquired 100 per cent of the shares in PayLane, for an undisclosed amount.
Accenture invests in Zurich-based payments-as-a-Service platform Imburse
Accenture made a strategic investment, through its VC arm Accenture Ventures, in cloud-based, payments-as-a-service enterprise platform Imburse.
Integrated payments software provider Paystone picks up $23.8m from Crédit Mutuel Equity
Canada-based company providing integrated payment technology Paystone closed a $23.8m round from Crédit Mutuel Equity.
J.P. Morgan to pilot biometric payments in US
J.P. Morgan is launching a pilot of biometrics-based payments with select retailers in the US.