Tag: Payments

J.P. Morgan has acquired a 48.5% stake in Viva Wallet, a cloud-based neobank, alongside a €100m cash injection.

Selfbook is a hotel payment software platform that offers direct bookings and payments, and has received a strategic investment from Amex Ventures.

NatWest’s open banking payments solution Payit has teamed up with Teneo to accelerate the digital transformation of its payments.

Card payment network UnionPay has partnered with full-service payment provider epay to launch UnionPay’s QR code payment service in Europe.

Shieldpay, a secure digital payments platform, has deployed its disbursements payment service to Case Pilots, a legaltech solution.

TreeCard, a FinTech platform that is aimed at planting trees and boosting sustainability, has reportedly collected €23m for its Series A funding round.

Revio, which is on a mission to solve the payments failure problem in emerging markets, has raised $1.1m in funding.

Cambodian financial institution ABA Bank has become the first bank in the country to launch an instant card issuance kiosk, through a partnership with Compass Plus Technologies.

Worryingly, 96% of SME payments decision makers lack understanding of the payment process, according to a report from Cashflows, which helps merchants accept payments.

Instant payments API developer Devengo has secured €1.2m for its seed funding round to help it grow its team.