Tag: Payments

Buy-now-pay-later boom contributes to growth as companies in the area raise four out of the ten largest deals in H1

Triodos Bank UK has selected SurePay’s Confirmation of Payee solution with the aim of reducing fraudulent and misdirected payments on its service.

Voice assistant-powered e-commerce transaction values are expected to reach 19.4bn by 2023, an increase from just $4.6bn in 2021.

Indonesia-based FinTech PAYFAZZ has invested $30m into Singapore-based Xfers to create Fazz Financial Group.

Market share statistics by CMA9 – the nine largest UK banks – has found open banking platform Token is driving the adoption of open banking payments in the country.

Lumanu has bagged $12m in its Series A funding round to help further the development of its platform that simplify payment collection for creators.

Paystand, a blockchain-enabled payment network for businesses, has closed its Series C round on $50m, coming off the back of its triple-digit growth.

International payments provider Vitesse has picked Alessa by Tier1 Financial Solutions to help enable secure real-time global payment transactions.

Mastercard and Verizon Business have entered a strategic partnership aimed at bringing ‘transformational solutions’ to the global payments and commerce industry.

Gig Wage, a payroll service for on-demand workers, has raised $3.25m in venture debt from Silicon Valley Bank.