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Indonesian payments platform Flip closes $100m Series B
Indonesian consumer payment platform Flip has secured the second close of its Series B, which brings the round’s total to $100m.
Madison Dearborn Partners buys MoneyGram for $1.8bn
Chicago-based private equity firm Madison Dearborn Partners has acquired MoneyGram International, a digital P2P payments company, in a $1.8bn deal.
Global P2P payment market to be worth $4.49bn in 2027
The global person-to-person payment market is set to grow tremendously in the next seven years to reach a value of $4.49bn in 2027, according to new research.
AirTM bags $7m in its Series A led by BlueYard
AirTM, a financial services provider for Latin America, has bagged $7m in its Series A led by BlueYard Capital.
Barbados-based Bitt.com has raised a further $3m from Medici
Medici Ventures has injected a further $3m to Barbados-based Bitt.com, a blockchain-based digital payments provider.
IBM teams up with Zelle for P2P payments
P2P payments app Zelle has joined up with IBM to bring the service to more financial institutions.
OOjiBO pockets $3.6m to expand financial inclusion efforts
Financial inclusion-focused payments startup OOjiBO has raised $3.6m in a Pre-Series A round led by Centurion Private Equity.