Tag: Payments

Digital payouts FinTech WeGift raises £26m

WeGift, which claims to be an industry leader in digital payouts, has closed its Series B funding round on £26m.

Global spend for OTT to hit $25bn in 2023

 The global spend for OTT (over-the-top) based conversational commerce is expected to rise from $13.3bn in 2022 to $25.1bn in 2023, according to a report from Juniper Research.

Crypto to fiat app Ramp closes Series B on $70m

Ramp, which is building the payment rails to connect crypto to the global financial system, has closed its Series B funding round on $70m.

Contactless mobile payment users to exceed 1 billion by 2024

The total number of unique contactless mobile payment users will reach one billion for the first time in 2024, according to a report from Juniper Research.

SME financial management FinTech FINOM buys PayTech Kapaga

FINOM, which offers a mobile-first financial management platform to SMEs and freelancers, has acquired cross-border PayTech Kapaga for an ‘eight figure sum’.

Nigerian PayTech Paga launches Visa physical and virtual cards

Nigerian payments and financial services company Paga has launched its Visa cards, which come in both physical and virtual forms.

Airwallex partners with Atome to offer BNPL services in Asia

Payment and banking infrastructure developer Airwallex has partnered with Asian buy now, pay later (BNPL) company Atome.

Cloud-native payment technology provider Form3 raises debt

Cloud-native payment technology provider Form3 has closed a venture debt facility on €23m to support its rapid global expansion.

London-based DigiDoe closes funding round early

London-based DigiDoe, which aims to revolutionise the world’s outdated payments infrastructure, has collected £850,000 from new investors.

World’s first cloud native and decentralised PayTech CLOWD9 gets new chairman

CLOWD9, which claims to be the world’s first cloud native and decentralised payments processing platform, has named Peter Selman as chairman.

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