Danish Android POS service provider Vibrant bags €4m in seed funding
Denmark-based Vibrant, which turns Android mobile devices into point-of-sale terminals, has bagged €4m in its seed round.
Divido takes $3.3m for instalment payments
Divido, a point-of-sale financer, has raised £2.5m ($3.3m) in round of seed funding. The capital comes from Mangrove Capital Partners and DN Capital.
Galileo partners with Sutton Bank for open loop prepaid cards
US-based Galileo, a payments processor and program manager, has formed a partnership with Sutton Bank.
The UK could up contactless payment limit to £100 post Brexit
The UK could be increasing the contactless payments limit from £45 to £100, as one of its first moves away from the European Union.
Credit card platform Deserve nets $12m round led by Accel
Generation Z credit card provider Deserve has closed a $12m funding round led by Accel.
AI-powered shopping cart Caper closes $10m Series A
Caper, an AI-powered shopping cart which aims to foster the grab-and-go retail experience, has collected $10m in its Series A.
Rio Ferdinand-backed Sokin unveils subscription payments platform in UK, Europe
London-based PayTech firm Sokin has introduced the first subscription-based global payments solution in the UK and European markets.
Blockchain payments platform BitPay extends Series B round to $70m
Blockchain-based payments provider BitPay has increased its Series B round by an extra $40m.
Balderton Capital backs UK FinTech Primer in £3.2m seed round
Payment stack consolidation startup Primer has bagged £3.2m in a seed round led by Balderton Capital, the investor behind companies like GoCardless, Revolut and Darktrace.
FPL Technologies becomes India’s newest FinTech unicorn
FPL Technologies, which offers a metal credit card under the OneCard brand, has reportedly become India newest unicorn.