Mobile Payments

London-based payments company Volt has introduced Volt Connect – a new cash management service aimed at making the open banking payment process more transparent.

UK card transfer business Paysend has closed a $125m Series B funding round led by venture capital firm One Peak.

Indonesian FinTech startup Wagely has secured $5.6m in a strategic funding round led by Intergra Partners.

Instant invoice payment firm Previse has partnered with e-invoicing business Pagero to enable instant, embedded finance to be delivered on the latter’s open business network.

Credit card challenger Slice secured $10m in debt funding from multiple financial institutions like, Northern Arc Capital, Niyogin Fintech Limited, Credit Saison India, and Vivriti Capital to name a few.

Lagos-based mobile payment platform OPay reportedly raised $400m in a funding round led by SoftBank Vision Fund 2, valuing it at $2bn.

Australian buy now, pay later (BNPL) company Zip has invested $50m into Indian BNPL firm ZestMoney to expand its global grip on the payment market.

Mexican buy now, pay later (BNPL) company Aplazo has netted $27m from a Series A funding round led by Oak HC/FT.

Payments network Affirm and FinTech Verifone have entered into a partnership that will make Affirm’s flexible payment options widely available on Verifone’s eCommerce and card-present payment solutions.

FPL Technologies, which offers a metal credit card under the OneCard brand, has reportedly become India newest unicorn.