Tag: Payments

Paysend said to raise £8.5m in Series B from venture firms...

Paysend, an international remittance platform has reportedly raised £8.5m in its Series B round, which was made up of venture firms and crowdfunders.

Stripe introduces new & improved onboarding

Payments processor Stripe has improved its onboarding processes for Express accounts.

Real-time payments are reaching a tipping point

Commercial real-time payments have been available in the US since 2017, but they have been slow for adoption.

Mastercard on tackling AP automation’s last mile

The 'last mile' of digitalising payments is the automation of transactions, which has traditionally been a balancing act.

FX platform VertoFX said to raise $2m in seed round

VertoFX, a B2B foreign exchange and payment platform, has reportedly raised $2m in its seed round.

Visa acquires Payworks to improve payment processing capabilities

Payworks, a POS solution developer, has been acquired by Visa which builds upon a strategic partnership and investment made by Visa last year.

Tidal Commerce collects $4m in strategic growth capital

Tidal Commerce, a payments processor, has collected $4m in strategic growth capital from Super G Capital.

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.

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