Tag: Payments
Transaction value of recurring payments to exceed $15trn by 2027
The transaction value of recurring payments will exceed $15.4trn globally in 2027, rising from $13.2trn in 2023, according to a report from Juniper Research.
Payments infrastructure firm TerraPay nets over $100m in equity and debt
TerraPay, a global payments infrastructure business, has scored over $100m in its Series B equity financing round.
European Payments Council names new director general
The European Payments Council has named Giorgio Andreoli as the new director general, replacing Etienne Goosse.
Payments technology developer SKUx scores $11m
SKUx, a payments technology and consumer engagement platform, has secured $11m in its Series A funding round to help it scale its product offerings.
Cross-border payments company Thunes raises $30m, so far
Thunes, a cross-border payments FinTech company, has reportedly raised $30m in an ongoing Series C funding round.
J.P. Morgan to pilot biometric payments in US
J.P. Morgan is launching a pilot of biometrics-based payments with select retailers in the US.
Southeast Asian buy now pay later firm Kredivo nabs $270m
Kredivo, a buy now pay later service for consumers in Indonesia and Vietnam, has reportedly raised $270m in an oversubscribed Series D funding round.
Latin American PayTech Toku raises $7m seed funding
Toku, a platform seeking to revolutionise the way firms collect payments in Latin America, has scored $7m in a seed funding round.
Western Union supports money transfers in Vietnam with MoMo
Multinational financial services firm Western Union has signed a collaboration deal with MoMo to facilitate money transfers in Vietnam.
Mastercard bolsters cybersecurity with Baffin Bay Networks deal
Payment giant Mastercard has acquired Swedish cybersecurity platform Baffin Bay Networks to help businesses deal with increasingly challenging cyber attacks. Baffin Bay Networks will add...