Tag: Payments

dopay, a B2B2C payments platform aimed at unbanked workers, has scored $18m in its Series A, as it capitalises on rising demand for cashless payroll.

Open banking firm Zūm Rails has introduced a new set of anti-fraud tools to bolster the security of its Instant Deposit feature on its platform.

Form3, a payment technology developer, has closed its Series C round on $160m, which will aid its geographical growth.

TomoCredit, a credit card that helps first-time borrowers build a credit history, has collected $10m in its Series A round.

B2B payments platform for small businesses Melio has collected $250m in a funding round, which puts its valuation at $4bn – tripling since January 2021.

PayTech company Global Payments has acquired MineralTree, an accounts payable automation and B2B payments platform, in a deal worth $500m.

UK-based global payments provider Sokin has teamed with Arsenal FC to become its new official money transfer partner.

A recent survey conducted by PayTech firm GoCardless found 86% of respondents agreed that one late payment can impact everyone in the supply chain.

Business-to-business payments specialist Adflex has teamed with fraud protection company Signifyd to strengthen security checks for its merchant customers.

A whitepaper by the Emerging Payments Association (EPA) has detailed that a stronger focus on digital identity could help combat soaring cases of financial crime.