Tag: PayTech
Payments firm SumUp hits €8bn valuation
Global payments platform SumUp has bagged €590m in a funding round that values the company at €8bn.
FinTech Rewire acquires prepaid card specialist Imagen
Rewire, a digital wallet that has been created for economic migrants, has purchased pre-paid card company Imagen for an undisclosed fee.
Paddle buys ProfitWell to automate payments infrastructure for SaaS firms
Paddle, a payments infrastructure firm for SaaS businesses, has acquired subscription metrics and retention automation software provider ProfitWell.
PayTechs shine in last week’s FinTech funding rounds
FinTech Global reported on 38 FinTech funding rounds this week, with companies from across the broad spectrum raking in eye watering amounts to help aid their growth.
Instant payments could save UK companies over £1bn, report finds
A report by ACI Worldwide and the Centre for Economic and Business Research has claimed £1.3bn could be made in cost savings by UK firms through instant payments.
Why the gap between payments and lending is closing
Recent work by Currencycloud has suggested that the gap in differences between traditional lending and payments is narrowing.
Colombian PayTech Bold scores Series B
Bold, which helps Colombian businesses accept electronic payments, has collected $55m in its Series B funding round.
B2B PayTech startup Helcim closes Series A
Helcim, a payments company that powers small business, has closed its Series A funding round, as it looks to hire over 150 new staff.
Yuno secures $10m seed financing
Columbia-based firm Yuno, an online checkout solution provider, has raked in $10m from a seed financing round.
Cardstream links with NomuPay to bolster payment offering in Asia
Cardstream has partnered with NomuPay, a global payments platform, to expand payment abilities to the Asian market.