Currencycloud, FxPro partner to launch new e-money business
Cross-border payments firm Currencycloud has partnered with global broker FxPro to offer a new e-money service called BnkPro.
Trendyol secures Decacorn status following Softbank-backed funding round
Turkish e-commerce platform Trendyol has become Turkey’s first Decacorn company after recent funding of $1.5bn lifted its valuation to $16.5bn.
Paysafe fortifies payments footprint with PagoEfectivo acquisition
UK specialised payments platform Paysafe has entered an agreement to purchase alternative payments platform PagoEfectivo for an undisclosed fee.
B2B payments provider Reserve Trust notches $30.5m to drive next stage of growth
FinTech trust company Reserve Trust, which has a Federal Reserve master account, secured a $30.5m Series A investment in a round led by QED Investors.
Rapyd snares $300m Series E to accelerate growth and acquisitions
US payments network Rapyd has secured $300m from a Series E funding round led by Target Global.
Kenya’s Wapi Pay banks a $2.2m pre-seed round to ease remittances between Africa and...
Wapi Pay, based in Singapore and headquartered in Kenya has raised $2.2m in pre-seed funding to scale up global payments and remittances between Africa and Asia.
Airtel Africa continues funding spree with fresh investment
Airtel Africa continues its funding spree with it reportedly closing a fresh $200m investment from Qatar Holding, an affiliate of sovereign wealth fund Qatar Investment Authority.
Token driving UK open banking payments expansion, research finds
Market share statistics by CMA9 – the nine largest UK banks – has found open banking platform Token is driving the adoption of open banking payments in the country.
Goldman Sachs, Fiserv team to unveil B2B payments facility
US FinTech firm Fiserv and Goldman Sachs have introduced their first product offering from its ongoing strategic partnership.
Thunes purchases Limonetik to speed-up global payment collection roll-out
Singaporean cross-border payments firm Thunes has acquired European payment methods platform Limonetik for an undisclosed fee.