Tag: Payments

Vertical software, billing, and payments solutions provider Invoice Cloud has seen global growth equity firm General Atlantic buy up a majority stake in the business.

Secure payments platform Shieldpay has formed a partnership with Visa to support the use of payment cards on P2P marketplaces.

Alibaba's Ant Financial has co-led an RMB1bn ($144m) Series C financing round for Chinese logistics and FinTech business Keking.

Private equity firm Equistone Partners Europe has acquired international payment service provider Small World Financial Services, for an undisclosed amount.

Blockchain-based B2B payments platform Veem has partnered with BlueVine, an online lending company for SMBs.

Payment platform for travel agencies WeTravel has completed a $2m Seed funding round.

Asia-based cross-border payments company InstaReM has held the first close of its $45m Series C round.

The Association for Financial Professionals (AFP) has called for all businesses to improve their accounts payable systems as payment fraud attacks become more sophisticated.

Losses from online payment fraud is expected to reach $48bn by 2023, more than double that projected for 2018.

Payments-as-a-service startup Form3 has received an undisclosed investment from Draper Esprit.