Tag: Payments

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.

TerraPay, a global payments infrastructure business, has scored over $100m in  its Series B equity financing round.

The European Payments Council has named Giorgio Andreoli as the new director general, replacing Etienne Goosse.

SKUx, a payments technology and consumer engagement platform, has secured $11m in its Series A funding round to help it scale its product offerings.

Thunes, a cross-border payments FinTech company, has reportedly raised $30m in an ongoing Series C funding round.

J.P. Morgan is launching a pilot of biometrics-based payments with select retailers in the US.

Kredivo, a buy now pay later service for consumers in Indonesia and Vietnam, has reportedly raised $270m in an oversubscribed Series D funding round.

Toku, a platform seeking to revolutionise the way firms collect payments in Latin America, has scored $7m in a seed funding round.

Multinational financial services firm Western Union has signed a collaboration deal with MoMo to facilitate money transfers in Vietnam.

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...