Tag: PayTech

The transaction value of recurring payments will exceed $15.4trn globally in 2027, rising from $13.2trn in 2023, according to a report from Juniper Research.

Open Payments, a Swedish FinTech company, has collected €3m in a growth funding round led by Industrifonden, Sweden's venture capital fund.

Thunes, a cross-border payments FinTech company, has reportedly raised $30m in an ongoing Series C funding round.

Elyn, a French FinTech that aims to let customers try items before they have to pay for them, has reportedly raised $2.7m in its pre-seed round.

Octane, which claims to be revolutionising the buying experience for recreational purchases, has closed a $406.9m securitisation collateralised by its fixed-rate instalment powersports loans.

Digital payment infrastructure provider PPRO has extended its services to South Korea by integrating with local cards and e-wallet Toss Pay.

Car IQ, a provider of vehicle payments, has exceeded its Series B target, closing the round on $15m.

Global spend on B2B cross-border payments is expected to exceed $40trn by the end of 2024, rising from $27trn in 2022, according to a report from Juniper Research.

 Australian payments company Till Payments has reportedly laid off 120 employees, whilst adding three new board members.

Butter, which has built a payments technology to fix payment failures, has secured $22m in its Series A funding round,