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ABA Bank launches instant card issuance kiosk
Cambodian financial institution ABA Bank has become the first bank in the country to launch an instant card issuance kiosk, through a partnership with Compass Plus Technologies.
96% of SME payments decision makers don’t understand payments
Worryingly, 96% of SME payments decision makers lack understanding of the payment process, according to a report from Cashflows, which helps merchants accept payments.
Atoa closes pre-seed to give small businesses alternative debit card payments
?UK fintech Atoa Payments is the new startup looking to give small businesses a viable alternative to debit card payments. It has raised $2.2m for its pre-seed round.
Global spend for OTT to hit $25bn in 2023
The global spend for OTT (over-the-top) based conversational commerce is expected to rise from $13.3bn in 2022 to $25.1bn in 2023, according to a report from Juniper Research.
PayTech platform Ping scores $15m
Ping, a global payment platform for freelancers and contractors, has netted $15m in a seed funding round.
World’s first cloud native and decentralised PayTech CLOWD9 gets new chairman
CLOWD9, which claims to be the world’s first cloud native and decentralised payments processing platform, has named Peter Selman as chairman.
Mexico-based PayTech app Nelo raises $100m
Nelo, which offers a consumer payments platform for online purchases in Mexico, has secured a $100m credit facility.
Ualett raises $50m credit for gig economy payment app
Ualett, which offers an online cash advance app to the gig economy, has secured a $50m credit line, through a new partnership with Thiele Capital Management.
Hong Kong-based PayTech KPay closes $10m
Hong Kong-headquartered PayTech startup KPay Merchant Service has raised $10m in a funding round.
Côte d’Ivoire-based PayTech raises Julaya extension
Julaya, a FinTech company based in Côte d’Ivoire, has secured a $5m extension round as it looks to expand its operations in West Africa.