Mobile Payments

Jack Dorsey’s Square buys Afterpay in $29bn deal amid buy now, pay later boom

Twitter co-founder Jack Dorsey's digital payments platform Square has acquired Australian 'buy now, pay later' firm Afterpay to create an online payments powerhouse and help accelerate Afterpay’s growth in the US.

BNPL market projected to generate almost $4trn annually by 2030

A report by Allied Market Research has projected that the buy now, pay later (BNPL) will generate $3.98trn by 2030 and record a CAGR of 45.7% from 2021 to 2030.

Pakistani BNPL player QisstPay secures $15m pre-seed and seed funding

QisstPay, a buy now, pay later (BNPL) company from Pakistan has raised $15m across its seed and pre-seed funding round to expand its team and services.

GIMO secures funding to serve Vietnam’s blue-collar workers

Vietnamese FinTech startup GIMO, which offers on-demand pay for blue-collar workers, has raised $1.9m in a seed+ round led by Singapore’s Integra Partners. The round...

Jack Dorsey’s Block completes Afterpay acquisition

Twitter co-founder Jack Dorsey’s digital payments platform Block (previously Square) has completed its acquisition of Buy Now, Pay Later (BNPL) firm Afterpay.
Payall-$10m-seed-round-led-by-Andreessen-Horowitz

Andreessen Horowitz backs cross-border PayTech Payall

Payall, a bank processor for cross-border payments and international money transfers, has closed a $10m seed round led by Andreessen Horowitz (a16z).

payabl. secures pivotal UK EMI licence milestone 

Leading European PayTech payable. has announced it has secured an Electronic Money Institution authorisation (EMI licence) in the UK. 
Primer has launched UpliftAI, a first of its kind AI payments tool designed to empower online merchants to predict, optimise and deliver the highest possible authorisation rate across all global processors to drive revenue growth.

Primer launches innovative AI tool to bolster business revenue

Primer has launched UpliftAI, a first of its kind AI payments tool designed to empower online merchants to predict, optimise and deliver the highest possible authorisation rate across all global processors to drive revenue growth.

JP Morgan Chase buys tech behind failed CurrentC

JP Morgan Chase is ramping up its mobile payments offering through the acquisition of MCX payments technology.
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Glint already closes another batch of funding

Global currency, account and app Glint has reportedly raised another £3m, having just closed a similar investment in August.

News Stories

Monzo

Monzo secures $190m investment and hits $610m funding milestone

UK-based digital bank Monzo has successfully secured an additional $190m in funding, bringing its total funding to an impressive $610m.

AI-powered Panax raises $15m to reshape cash flow management

Panax, an innovative FinTech, has successfully raised $15 million in its latest funding round. The investment was led by Team8 and TLV Partners.
Innovate

AI investment solutions innovator Stratiphy secures £1m grant

Stratiphy, a technology firm specializing in investment strategy building, has secured a grant of £1 million from Innovate UK for its consortium.
Unum Group, a prominent provider of financial protection benefits, has launched Unum Pet Insurance to round out its financial benefits coverage for employees and their families.

Unum Group unveils new pet insurance offering

Unum Group, a prominent provider of financial protection benefits, has launched Unum Pet Insurance to respond to a growing demand for comprehensive coverage extending beyond traditional employee benefits.
London-based InsurTech firm Eleos has successfully raised $4m in a seed funding round, as it eyes an expansion into the US market. 

London-based InsurTech Eleos raises $4m to propel US expansion plans

London-based InsurTech firm Eleos has successfully raised $4m in a seed funding round, as it eyes an expansion into the US market. 

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