Modern Treasury passes $2bn valuation following Altimeter-led Series C
Payments operation software platform Modern Treasury has raised $85m in a Series C funding round led by Altimeter Capital.
Thoma Bravo to acquire PayTech Bottomline in $2.6bn deal
Private equity firm Thoma Bravo has entered a deal to acquire business payments company Bottomline Technologies in an all-cash transaction worth $2.6bn.
Klarna blames worst market in 50 years for 85% drop in valuation
Swedish buy now, pay later giant Klarna has suffered a colossal downround, with its valuation dropping by 85% to $6.7bn.
Biometric credit card reaches next level with SmartMetric’s AI integration
SmartMetric, a leading innovator in FinTech, is on the cusp of a significant product release. Known for its advanced biometric credit card technology, the company is now enhancing its product offering by integrating artificial intelligence (AI) into the card's electronics.
AppBrilliance secures strategic investment from Trust Ventures amid growth plans
AppBrilliance, a pioneering platform for real-time Account-to-Account (A2A) payment acceptance, has closed a strategic investment round led by Truist Ventures.
Divido takes $3.3m for instalment payments
Divido, a point-of-sale financer, has raised £2.5m ($3.3m) in round of seed funding. The capital comes from Mangrove Capital Partners and DN Capital.
Australia-based Verrency bags $15m Sereis A to support its international growth
Payment solution platform Verrency has bagged $15m in a Series A funding round, as it looks to further international expansion.
CVC, EQT Credit deploy £218m financing into Paymentsense
CVC Credit Partners and the EQT Credit platform have jointly arranged £218m of senior and subordinated financing for Paymentsense for their second round of financing for the company.
Payment processor First Data to sell 64 million Class A stock
POS system and credit card processing system First Data Corporation has agreed to sell 64 million shares of Class A common stock.
StoneCo launches IPO on NASDAQ
Brazil-based payments processor StoneCo has launched its IPO of 47 million Class A common shares.
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