Tag: Payments

UK retailers invest in payments to survive next 12 months

Half of UK online retailers are worried about surviving the next 12 months. To increase their chances, 32% are looking to invest into their payments stack.

FinTech API developer Central Payments closes $30m round

Central Payments, a developer of the Open FinTech API Marketplace, has closed a $30m growth equity round.

MANGOPAY names its new chief technology officer

MANGOPAY, a European payment solution provider, has named Ronen Benchetrit as its new chief technology officer, following the acquisition by Advent International.

Ghana-based Zeepay bags $10m investment

Ghana-based PayTech company Zeepay has reportedly raised $10m in a funding round.

Ireland ranks highest in fraud risk in Europe

Ireland has the highest fraud risk index in Europe with a rating of 7.44, according to research from payment processing information service Merchant Machine.

Apple to drive huge surge in soft POS adoption

The number of merchants deploying soft POS solutions will surpass 34.5 million globally by 2027, rising from six million in 2022.

India-based payments firm MobiKwik closes debt line

India-based payment service MobiKwik has reportedly secured INR 35 crore ($4.3m) in debt from Blacksoil Capital.

Freelancers are waiting 3x longer to get paid than contracted staff...

Freelancers wait three times longer to get paid than full time staff, as firms struggle with both cash flow and payroll issues, according to research from Sonovate.

Zeta, Mastercard partner in 5-year deal

Banking unicorn Zeta has formed a five-year global partnership with Mastercard, which will see the pair of firms jointly launch credit cards.

Global Payments acquires EVO in $4bn deal

Global payment technology provider Global Payments will acquire fellow PayTech solution developer EVO in a $4bn deal.

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