Tag: Payments
Payment processor SumUp raises €330m in funding
SumUp, a payment processing company, has secured a €330m investment to support its global expansion plans.
Bolt’s total funding hits $90m after $69m Series B round
San Francisco-based PayTech Bolt has secured $69m in its Series B funding round co-led by US-based venture firms Activant Capital and Tribe Capital. This latest round...
European Banking Authority offers clarifications on PSD2’s strong customer authentication
The European Banking Authority (EBA) has published an opinion on PSD2’s strong customer authentication (SCA), due to continued queries from market actors.
Visa’s advanced authorisation technology has prevented $25bn in annual fraud
Visa has revealed its advanced authorisation technology, which is powered by AI, has helped institutions prevent around $25bn in annual fraud, according to its...
Sequoia, Ribbit Capital among backers for $75m Razorpay Series C
Indian online payments startup Razorpay has picked up a $75m Series C investment round from investors including Ribbit Capital and Sequoia Capital.
Brex gets Kleiner Perkins backing in $100m investment round
Corporate credit card startup Brex has picked up $100m of investment in a round led by Kleiner Perkins Digital Growth Fund.
Europe could lose €57bn following SCA implementation – Stripe study claims
Europe is set to lose €57bn in economic activity in the first 12 months after Strong Customer Authentication SCA takes effect, a study from...
Over 50% of consumers fear using biometrics for online payments
More than half of consumers are worried about shifting to biometrics for authenticating online payments, a study from Paysafe claims.
International payments business WorldRemit gets $175m Series D
Venture capital-backed mobile payments provider WorldRemit has raised a $175m Series D round from some of its existing investors.
Zero bags $20m to support release of its platform to more...
Online banking platform Zero Financial has closed its Series A on $20m, enabling it to deploy its solution to over 200,000 more people.
© FinTech Global © Copyright 2024. All rights reserved.
