Tag: Payments
Demand for secure payments drive the global smart card market to...
New research suggests that the value of the global smart card market could grow to reach $75bn by 2026.
Global payment as a service market to be worth $25.7bn by...
Digital transformation and changing consumer demands are driving the maturation of the global payment as a service market at an expected compound annual growth rate of 16.9% in the next seven years.
The digital payments market could balloon to be worth $12.4trn by...
Smartphones, digital payment cards and point-of-sale terminals are expected to drive the growth of the value of the global mobile payments market from $3.71trn in 2019 to $12.4trn by 2025.
Indonesia’s PAYFAZZ raises $53m in its Series B
Indonesia-based PAYFAZZ has reportedly raised $53m in its Series B round which was led by B Capital Group and Insignia Venture Partners.
Anti-fraud company Vesta said to close $125m in funding round
Anti-fraud company Vesta has reportedly secured $125m in a funding round to support its global expansion initiatives.
Fundbox closes Series C extension to bring the round near $200m
B2B payment and credit network Fundbox has closed an investment from MUFG Innovation Partners, less than a year after closing $326m in debt and equity.
Zapaygo doubles crowdfunding target, with two-weeks still left on the campaign
Zapaygo, which lets consumers pre-order and pre-pay at food and beverage vendors, has stormed past its crowdfunding target, to raise up to £557,150 in funding.
FCA wants payment firms’ advice on how to best protect their...
The Financial Conduct Authority (FCA) has made another initiative to protect financial customers, this time by asking payment firms for their insights.
Ziina closes pre-seed funding on $850,000
UAE-based P2P payments app Ziina has reportedly closed a pre-seed funding round on $850,000.
Brex closes another funding round, raising an additional $150m
Corporate credit card company Brex has bagged $150m in funding, which will help the company to bolster its engineering and product design efforts.