Crypto PayTech MoonPay secures $555m in highly subscribed Series A
MoonPay, a company that builds payment infrastructure for cryptocurrencies, has closed a Series A financing raise on $555m.
Small business payment management solution Finli scores $6m
Payment management platform Finli has collected $6m in its seed funding round, which was led by Urban Innovation Fund.
Flutterwave teams up with Acquired.com to streamline outward remittances in EU and UK
Flutterwave, Africa’s leading payments technology company, and Acquired.com, a specialist in payment processing, have entered into a strategic partnership.
JP Morgan taps blockchain for improving money transfers
Investment bank and financial services juggernaut JP Morgan has revealed it is using blockchain technology to improve money transfers between banks globally.
KBC is the lastest bank to accept payments through wearable technology
Belgian bank KBC is from now on enabling its customers to use wearable technology to conduct contactless payments.
Wirecard’s CEO leaves company after search for missing €1.9bn hits a dead end
The Wirecard scandal sweeping across the European FinTech space intensified over the weekend with CEO Markus Braun leaving the company as the board says the missing €1.9bn ($2.1bn) "do not exist."
Ghost raises $30m to grow B2B marketplace
Ghost has raised $30 million to grow its members-only B2B marketplace that helps brands and retailers move surplus inventory in its Series B funding round.
Cashfree said to close its Series B on $35.3m
India-based digital payments app platform Cashfree has reportedly secured $35.3m in its Series B funding round.
Zūm Rails unveils new anti-fraud tools to strengthen payment security
Open banking firm Zūm Rails has introduced a new set of anti-fraud tools to bolster the security of its Instant Deposit feature on its platform.
Jack Henry & Associates acquires Ensenta Corporation
Mobile payment technology provider Jack Henry & Associates has acquired the entire equity of California-based Ensenta Corporation.