Tag: Payments

The evolution of embedded and increased accessibility of B2B payments orchestration are two of the biggest trends Currencycloud sees in the Asia-Pacific region for 2023.

Global spend on B2B cross-border payments is expected to exceed $40trn by the end of 2024, rising from $27trn in 2022, according to a report from Juniper Research.

DailyPay, an on-demand payment platform to help America’s workforce have more control of their finances, has netted $260m in funding.

Texas-based employee payments platform Grazzy has scored $4.25m in a recent seed funding round.

A Universal Digital Payments Network for stablecoins and CBDCs has been launched at the World Economic Forum in Davos.

Digital payments app PhonePe becomes a decacorn following the closing of a $350m funding round, which doubles its valuation to $12bn.

Tabby, a BNPL services company based in the MENA region, has closed its Series C round on $58m, which brings its valuation to $660m.

The Payments Association, an organisation that celebrates innovation and collaboration across payments, has launched Project ESG.

Sprinque, a European B2B payments platform, has scored €6m in a seed funding round led by Connect Ventures.

 Australian payments company Till Payments has reportedly laid off 120 employees, whilst adding three new board members.