Tag: Payments
Another Bulgarian payments startup closes funding this week
Bulgaria-based payments company Paynetics has closed a new €2.5m investment round.
Barclaycard to increase contactless payments cap
Barclaycard is set to increase the spend limit for contactless payments to £45 from 1 April 2020.
Losses from APP fraud increases in 2019
While the banking and finance industry prevented more than £1.8bn in fraud during 2019 in the UK, the amount lost through authorised push payments (APP) scams increased to £465m.
VibePay releases new payment tool to help “social sellers”
Social payments app VibePay has released a new service which enables users to request payments from anyone, not just through their contacts list.
This is how internet payment methods differ around Europe
While the UK and France may prefer credit cards and e-wallets, the rest of Europe would rather pay other ways when buying things online.
Payhawk said to raise €3m in seed round
Bulgarian FinTech Payhawk has reportedly raised €3m in seed funding as it looks to increase its presence in Germany.
GIRO launches new payment servcie through Nets
GIRO, an automated clearing house operator in Hungary, has launched an instant payments platform with help from Nets.
SpotOn Transact nets $50m in its Series B
SpotOn Transact, a payment solution developer, has netted $50m in its Series B round.
BandPay said to raise $2m as it looks to help musicians...
BandPay, which aims to improve the way musicians get paid, has reportedly secured $2m in a funding round from an unnamed angel investor.
QRails bags $8m in Series A with plans to open an...
QRails, a cloud-based payments processor, has netted $8m in its Series A round led by EFM Asset Management.