Tag: PayTech

Social media platform Instagram has embedded payments through the support of Meta Pay.

International payment solution and infrastructure developer Currencycloud will help Bano, a new Australia-based financial superapp, launch its FX Converter tool to make remittances easier.

Global payments platform SumUp has bagged €590m in a funding round that values the company at €8bn.

Rewire, a digital wallet that has been created for economic migrants, has purchased pre-paid card company Imagen for an undisclosed fee.

Paddle, a payments infrastructure firm for SaaS businesses, has acquired subscription metrics and retention automation software provider ProfitWell.

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.

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.

Recent work by Currencycloud has suggested that the gap in differences between traditional lending and payments is narrowing.

Bold, which helps Colombian businesses accept electronic payments, has collected $55m in its Series B funding round.

Helcim, a payments company that powers small business, has closed its Series A funding round, as it looks to hire over 150 new staff.