Apple reveals Apple Card Family which lets families share its credit card services
The Apple credit card got an update and now it can be shared and merged with family members, CEO Tim Cook revealed.
Finix announces $17.5m Series A round led by Bain Capital Ventures
With its new capital injection, payment services startup Finix is set to challenge the likes of Stripe and Square.
PayTech Sokin joins Arsenal Football Club as money transfer partner
UK-based global payments provider Sokin has teamed with Arsenal FC to become its new official money transfer partner.
Embedded payments firm Paytrix scores £5m
Paytrix, an embedded payments company for high-growth vertical software platforms, has bagged £5m in new funding.
WeSwap seeks expansion to Asia after £8m Series B
Travel money transfer platform WeSwap closes £8m Series B funding round led by IW Capital, to aid Asian market expansion.
Suresite launches P2PE solution with TSG UK
Forecourt retail specialist Suresite Group and fuel and retail service provider TSG UK have partnered to release a new point-to-point encryption payment (P2PE) solution for the forecourt industry.
Move over Klarna, Checkout.com just became Europe’s most valuable FinTech
Payments solutions provider Checkout.com has closed a $450m Series C funding round at a $15bn valuation, making it Europe's most valuable venture-backed FinTech.
Finexio secures $23m in new investment round
Payments as a service company Finexio has netted $23m in a round led with a strategic investment from Medalist Partners, an alternative credit manager based in New York.
HSBC and ING back buy now pay later firm Divido in $30m round
UK-based whitelabel platform for retail finance Divido raised $30m in Series B funding.
Ecommerce fraud losses of $20bn expected in 2021, China to be key fraud market
A new study by Juniper Research has highlighted it expects over $20bn in ecommerce losses this year due to online payment fraud – a rise of 18% compared to 2020.