Toku’s Series A infusion of $9.3m to bolster digital collections in Latin America
Toku, a Chilean FinTech platform, has successfully closed its Series A funding round, raising a substantial $9.3m.
China UMS lands $297m from Everbright-IDG
China Union Pay Merchant Service (China UMS) has received a $297m investment from Everbright-IDG Industrial Fund.
Airwallex lands $6m round from Square Peg Capital
International payments company Airwallex has closed a $6m investment from Square Peg Capital, as part of a new partnership.
Veem raises $25m in strategic round led by Goldman Sachs
Cross-border B2B payments company Veem has raised $25m in a strategic investment round to fuel its growth.
Publicis Sapient and Microsoft partner up to launch end-to-end digital trade bank Anglo-Gulf Trade...
Anglo-Gulf Trade Bank is a new venture supported by Microsoft and Publicis Sapient, the digital business transformation hub of Publicis Groupe, the communications group.
Merchant payment platforms’ revenue expected to jump to $158bn in the next five years,...
The global market for merchant payment platforms is seemingly in for a good time even though the risk of payment fraud is expected to...
Axle said to raise $1.4m in pre-seed funding
Axle, a payments service for small freight brokers, has reportedly secured $1.4m in its pre-seed funding round.
Soldo launches new solution to help governments, local authorities and NGOs distribute emergency funds...
As the COVID-19 crisis continues to grow, spend management platform Soldo has launched a new solution named Soldo Care to enable governments, local authorities, and NGOs to distribute emergency aid to vulnerable citizens via Mastercard prepaid cards.
Morocco-based OnePay secures $417,000 funding round
Moroccan FinTech company OnePay has reportedly bagged $417,000 in funding from MITC Capital Maroc Numeric Fund II, which is targeting startups in Morocco.
Silverflow bags €3m round to help prepare for its 2021 launch
Global payments technology developer Silverflow has closed a €3m investment to support its launch in 2021.
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