Tag: Payments

Financial services fear fraud rise with cost-of-living crisis

Nearly half (43%) of financial services expect the cost-of-living crisis to increase the risk of financial crime and fraud over the next 12 months.

CLOWD9 launches world’s first payments processing platform

UK-based CLOWD9 has launched the world’s first cloud-native, cloud certified, decentralised, payments processing platform.

Ualett raises $50m credit for gig economy payment app

Ualett, which offers an online cash advance app to the gig economy, has secured a $50m credit line, through a new partnership with Thiele Capital Management.

Payable raises $6.1m to transform payments

Payable, which has developed one platform for payment operations, has raised $6.1m in funding to help companies move away from EBICs, bank files and spreadsheets.

Searches for ‘delete PayPal’ surge by 1,392%

 Searches for ‘delete PayPal’ have exploded by 1,392%, following the announcement of its $2,500 fine for spreading misinformation.

MoneyGram backs financial super-app Jingle Pay

 UAE-based financial super-app Jingle Pay has received a minority investment from P2P payment platform MoneyGram International, alongside a new partnership.

Paddle rows to unicorn status after Series D

Paddle, a payments infrastructure provider for SaaS companies, has reached a $1.4bn valuation after the close of a $200m Series D round.

Hong Kong-based PayTech KPay closes $10m

Hong Kong-headquartered PayTech startup KPay Merchant Service has raised $10m in a funding round.

Côte d’Ivoire-based PayTech raises Julaya extension

Julaya, a FinTech company based in Côte d’Ivoire, has secured a $5m extension round as it looks to expand its operations in West Africa.

Anti-fraud startup Sardine makes a splash with Series B close

Sardine, a provider of fraud, compliance and instant settlement solutions, has closed its Series B round on $51.5m in its Series B.

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