Tag: Payments

Payment security network TrustCommerce has formed a strategic partnership with private equity firm Wuad Capital Partners.

Digital gift platform Swych has closed a Series A funding, which was led by UAE Exchange Group.

Personal finance platform Digiliti Money has reportedly received a credit facility of up to $8m from Urban FT’s investment arm UFT Equities.

Electronic payment solution provider ICP Companies Group has been acquired by Paarl Equity GmbH and Operando Partners and four other undisclosed co-investors.

Singapore-based Red Dot Payment has closed its Series B funding round picking up around $5.2m, which the company will use to improve its infrastructure.

Payment processing solution AdvicePay has closed a $500k seed round of funding led by Goodworks Ventures and Front Street Capital.

UK-based Transactive Systems has received its first investment with AngelRush committing $1.5m to help growth for the next generation of banking and financial services.

FinTech growth investment firm Seven Angels Holdings has acquired real estate P2P platform Elefund.

Payment and invoice processor AvidXchange has picked up a $100m growth equity investment from Canadian pension major, Caisse de dépôt et placement du Québec.

Blockchain-based Everex has reportedly raised up $26m ICO to help build its microfinance and remittance offerings.