E-commerce

Axis Bank rolls out wearable contactless payment device Wear ‘N’ Pay

In a bid to encourage the mainstream adoption of cashless transactions, India-based banking group Axis Bank launched its own range of wearable contactless payment devices, called Wear N Pay.
Conduent launches Digital Integrated Payments Hub

Conduent launches Digital Integrated Payments Hub

Conduent Incorporated, a technology-powered process solutions company, has collaborated with BNY Mellon to launch a new Digital Integrated Payments Hub.

OMERS Ventures leads $5m Series A to OpenBazaar

OMERS venture capital arm has led the $5m Series A funding round in to OpenBazaar, a blockchain-based P2P marketplace.

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.

BharatPe bags debt funding just weeks after its Series E close

Merchant payments and financial services provider BharatPe has reportedly received $27m in debt funding, less than a month after closing a $370m investment.

Payment platform Simpl closes funding round

India-based online payment platform Simpl has raised its latest funding round, in an undisclosed amount.

Paddle said to raise $8m in new funding to support team expansion

Paddle, which provides e-commerce platforms with payment processing tools, has reportedly raised $8m in a new funding round.

PhonePe partially spins out of Flipkart and raises $700m

PhonePe is partially spinning out from Flipkart and has raised $700m in a round led by Walmart and supported by prior investors.

UK-based Slip slides to pre-seed close ahead of summer launch

UK-based Slip, which hopes to transform retail for businesses and consumers, has scored ?750,000 in pre-seed funding ahead of its launch this summer.

Grotech Ventures leads DirectScale’s $8.5m Series B round

DirectScale, which provides a cloud-based platform to meet the needs of the direct and social sales industry, has closed an $8.5m Series B funding round.

News Stories

Over $3bn raised in this week's 29 FinTech funding rounds

Over $3bn raised in this week’s 29 FinTech funding rounds

Over $3bn was raised by FinTech companies this week, supercharged by a colossal €1.5bn raised by UK-based SumUp. 
Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena, a pioneering FinTech company known for its cloud-native, API-led microservices-based multi-product platforms, has appointed Rajesh Mehta to its Growth Advisory Board.
League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League Data and Mambu have embarked on a groundbreaking journey to transform the Canadian financial landscape by introducing advanced cloud banking solutions to credit unions.
Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint, known as the world's most accurate device intelligence platform, is partnering with Oscilar, a leader in AI-driven risk and fraud management.
Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English, an online English-learning platform operating in over 30 countries, and dLocal, a leading cross-border payment platform specializing in high-growth markets, have recently announced a significant partnership.

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