Tag: PayTech

Ramp’s $1.85bn raise widens gap over spend management rivals

Ramp, the US spend management platform serving businesses with expense, payments and fraud tools, has reportedly secured $1.85bn in fresh capital at a $60bn...

American Express hit with $350m AML penalty

American Express has been ordered to pay a $350m penalty by US regulators after its AML safeguards allowed roughly $13bn in suspected illicit activity...

Sumsub’s reusable KYC ends repeat checks for MiniPay users

Sumsub has unveiled Reusable KYC Gateway at Token2049 Singapore, with MiniPay, a fast-growing stablecoin wallet, signing up as the first live integrator to give...

Cloud9 hits $1m funding to power African cross-border trade

Cloud9, a digital bank offering instant international payments and modern money tools to African consumers and businesses, has secured a strategic investment from Alliance,...

Increase integrates Spade merchant data into card transactions

Increase, an API-first banking provider, has integrated real-time merchant data from Spade into card transactions, giving card programmes additional information to support authorisation and...

SAP-backed Tereina launches agentic B2B payments platform

Tereina, a Palo Alto-based financial services company backed by SAP, has launched a platform designed to let businesses automate payments across traditional banking and...

Stuut raises $52.5m Series B to automate order-to-cash

Stuut, an AI platform that automates the order-to-cash process for large enterprises, has secured $52.5m in a Series B round, arriving only ten months...

BDO Unibank modernises payments with Finastra platform

Finastra, the financial services software provider, has revealed that BDO Unibank, one of the largest universal banks in the Philippines, has upgraded its payments...

OKX Money takes stablecoins into everyday spending

OKX, the digital asset platform licensed in more than 30 jurisdictions, has launched OKX Money, a standalone app that allows users to save, transfer...

Cleavr raises €8m to tackle late payments in Europe

Cleavr, a French FinTech using AI to automate invoice collection, has secured €8m in fresh funding to expand across Europe and further develop its...

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