Digital consumer spend could jump to almost $790bn in Europe and the US
New research from Juniper Research, the FinTech and e-commerce analyzing agency, reveals that consumers may be swapping cash for digital payments more often in the future.
Fundbox secures more than $300m in debt and equity round
Fundbox, a B2B payments and credit network, has raised $176m in its Series C growth equity round and a $150m credit facility.
PayU buys controlling stake in FinTech PaySense at a $185m valuation
Dutch PayTech company PayU has acquired a controlling stake in Indian FinTech startup PaySense. It plans to merge it with its consumer lending business...
Hong Kong-based Neat nets $11m Series A round
FinTech startup Neats has its mind set on upping its cross-border transaction service for SMEs after raising $11m in a series A round.
Businesses to drive total virtual cards transactions growth by 3x to reach $5trn by...
Transactions processed by virtual cards is expected to treble over the next five years to exceed a colossal $5trn, a new study from Juniper Research claims.
Marqeta extends partnership with Mastercard alongside fresh investment
Card issuing company Marqeta has received an investment from Mastercard, alongside a deepening of their global partnership.
The 38 FinTech funding rounds raised last week highlight the success of payments companies...
While the payments industry has reason to celebrate, last week also proved a boon for 38 FinTech companies closing investment rounds.
The FinTech industry returned...
SumUp scores €750m in funding to support acquisition plans
Global payments service provider SumUp has closed a €750m funding round, to support its acquisition plans.
Vendor payment system Candex said to raise $20m in its Series A round
Candex, which manages payments between companies and their vendors, has reportedly scored $20m in Series A funding.
Clair partners with MetaBank, Galileo to expand user accessibility
US FinTech Clair has partnered with sponsor bank MetaBank and payments processor Galileo to bolster user accessibility on its platform.
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