Zaver banks $5m to facilitate cardless and BNPL payments in the durables sector
Zaver, a Swedish FinTech enabling merchants to accept cardless payments and offer buy-now-pay-later (BNPL) services, raised $5m in new funding.
Y Combinator-backed Cashfree lands funding from SBI for its payment platform
Digital payments and banking technology company Cashfree received an undisclosed funding amount from the State Bank of India (SBI) at a valuation of around $200m.
Boku eyes simplified mobile payments market with new network launch
Carrier billing business Boku has unveiled a mobile payments network that it claims will reach 5.7bn payment accounts in 90 countries.
UK FinTech giant Revolut to launch in 5 more countries
UK FinTech giant Revolut has geared up for a launch in five new countries, which will go live over the coming couple of months.
Western Union supports money transfers in Vietnam with MoMo
Multinational financial services firm Western Union has signed a collaboration deal with MoMo to facilitate money transfers in Vietnam.
Visa launches open bankng offering in the US through Tink
Visa, a global payment provider, has announced the launch of its open banking offering in the US, through its recently acquired vendor Tink.
Small World passes 50 million transactions milestone
UK remittance service Small World FS has reached a new milestone having processed more than 50 million cross-border payments to date.
Carlton Group bags strategic investment from H.I.G. Capital
SaaS-based solution developer Carlton Group has bagged an undisclosed strategic investment from H.I.G. Capital.
Ripple invests $50m into fellow money transfer company MoneyGram
Ripple has invested $50m into MoneyGram, a fellow money transfer company.
Wave Money scores $73.5m in funding from Ant Financial
Digital remittance service Wave Money has formed a strategic partnership from Ant Financial Services, which includes a $73.5m investment.