Tag: PayTech

Usage of digital payments in Europe is expected to rise by 70% in the next five years, as the global e-commerce landscape becomes worth $6.9trn.

Payment infrastructure builder XanPool has raised $27m from a Series A funding round led by Valar Ventures.

A report by Capgemini on world payments who found that instant and e-money payments will make up over a quarter of all non-cash transactions by 2025.

Hopscotch, which is designing consumer-like experiences for the B2B payments space, has surfaced from stealth, alongside the close of a $3.6m seed round.

Payments aggregator Oy! Indonesia has secured $30m from a Series A funding round led by investment juggernaut SoftBank.

UK e-wallet platform Swapi had raised £860,000 from a pre-seed funding round that included Trampoline Ventures.

Research by FinTech firm YouLend has found PayTechs and website and webshop providers have overtaken banks as the most important business partner for SMEs.

A recent blogpost by Currencycloud has detailed how the FinTech sector is helping to level the playing field in the corporate remittance market.

Open banking platform TrueLayer has closed a $130m fundraise, which was led by Tiger Global and Stripe.

PayTech unicorn Airwallex has been valued at $4bn following the close of an oversubscribed Series E round, which comes just months after it closed a Series D extension.