Tag: Payments

Alibaba sells half its stake in India-based payments company Paytm

Chinese e-commerce giant Alibaba has reportedly sold half of its position in India-based payments company Paytm.

Stripe sees valuation cut by 11%

Stripe, the US-based PayTech giant, has reportedly seen its valuation cut by 11% and now sits at $63bn.

Italian payments company SardexPay nets €4m

Italian payments company SardexPay has reportedly raised €4m in funding, alongside the appointment of a new president.

Brazil-based FinTech Transfeera scores $1.3m

Brazil-based FinTech company Transfeera has reportedly raised BRL 7m ($1.3m) in funding

Butter nabs Series A to aid mission of fixing payment failures

Butter, which has built a payments technology to fix payment failures, has secured $22m in its Series A funding round,

Windsor First taps Currencycloud to support cross-border payments offering

Money service operator Windsor First has tapped Currencycloud to launch a new multi-currency account solution to simplify payments processes.

Indonesian FinTech startup FLIK collects $1.1m in pre-seed

FLIK, an Indonesian FinTech platform that offers a unified checkout solution, has reportedly secured $1.1m in its pre-seed funding round.

equipifi wins Audience Choice at FIS Fintech Accelerator’s demo day

equipifi, which provides banks and credit unions with buy now, pay later (BNPL) technology, has won the Audience Choice Award at the FIS Fintech Accelerator Program's Virtual Demo Day.

UK reveals plans to upgrade its instant payment architecture

The UK is planning to upgrade its instant payment system to include a modern ISO 20022-compliant architecture.

SUNRATE teams up with Visa for launch virtual corporate cards

SUNRATE, a global payment and treasury management platform, has teamed up with payments giant Visa to launch virtual corporate cards.

120,000+ FinTech leaders get exclusive industry stories delivered every week