Tag: Payments

Wink, a US-based biometric identity and payments platform, has received an additional $3m of seed investment.

The number of credit cards issued via digital card issuance platforms will exceed 321 million globally by 2027, up from 120 million in 2023.

Twitter has reportedly applied for regulatory licences across the US and is exploring software that would introduce payments on the platform.

Raylo, which provides UK consumers with access to tech products through subscription, has received £110m in debt financing from NatWest bank and Quilam Capital.

The evolution of embedded and increased accessibility of B2B payments orchestration are two of the biggest trends Currencycloud sees in the Asia-Pacific region for 2023.

Global spend on B2B cross-border payments is expected to exceed $40trn by the end of 2024, rising from $27trn in 2022, according to a report from Juniper Research.

DailyPay, an on-demand payment platform to help America’s workforce have more control of their finances, has netted $260m in funding.

Texas-based employee payments platform Grazzy has scored $4.25m in a recent seed funding round.

A Universal Digital Payments Network for stablecoins and CBDCs has been launched at the World Economic Forum in Davos.

Digital payments app PhonePe becomes a decacorn following the closing of a $350m funding round, which doubles its valuation to $12bn.