Rapyd to acquire payments firm Valitor for $100m
US payments network Rapyd is set to purchase Icelandic company Valitor from Arion Bank in a $100m deal.
India unveils new digital currency, Nigeria eyes e-currency launch in October 2021
India has introduced the e-RUPI, which is a cashless and contactless digital payment system to support the global shift towards digital payments.
Fiserv, Selecta partner to bolster cashless payments footprint in EU
FinTech firm Fiserv has collaborated with self-service retailer Selecta to enhance and streamline digital payments across Selecta’s points-of-sale.
PayTechs replace banks as most important business partners for SMEs
Research by FinTech firm YouLend has found PayTechs and website and webshop providers have overtaken banks as the most important business partner for SMEs.
kevin. eyes bolstered payments offering following substantial seed raise
Lithuanian PayTech startup kevin. has secured $10m from a seed funding round co-led by OTB Ventures and Speedinvest.
Modern credit card provider Petal bags Series D
Petal, a credit card company helping people build their credit, has raised $140m in its Series D funding round.
Payment operating system Payrails launches from stealth
Payrails, which stylises itself as an operating system for payments and financial services, has reportedly launched out of stealth after the close of a $6.4m seed investment.
Canaan makes its biggest investment in Latin America with Marvin
Marvin, a Brazilian B2B payments platform has raised $5m in a Series A funding round led by early-stage venture capital firm Canaan.
Ualett raises $50m credit for gig economy payment app
Ualett, which offers an online cash advance app to the gig economy, has secured a $50m credit line, through a new partnership with Thiele Capital Management.
Car IQ nets $15m to bolster its integrated vehicle payments tool
Car IQ, a provider of vehicle payments, has exceeded its Series B target, closing the round on $15m.
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