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Social payments platform CHEQ collects $8m seed
CHEQ, which identifies itself as the world first social payments platform, has raised $8m in its seed funding round.
FinTech investment comes roaring back with 46 deals this week
Following three weeks of relatively modest investment in the FinTech sector, this week saw almost 50 deals reported on by FinTech Global in a red-letter week for capital.
KodyPay closes pre-Series A to transform payment acceptance
KodyPay, which is helping to simplify in-person payment acceptance, has raised $5m in its pre-Series A funding round.
The Chainsmokers join funding of newly launched PayTech Pomelo
PayTech startup Pomelo, which aims to improve money transfers, has reportedly raised $20m in seed funding, alongside a $50m warehouse facility.
MANGOPAY names its new chief technology officer
MANGOPAY, a European payment solution provider, has named Ronen Benchetrit as its new chief technology officer, following the acquisition by Advent International.
India-based payments firm MobiKwik closes debt line
India-based payment service MobiKwik has reportedly secured INR 35 crore ($4.3m) in debt from Blacksoil Capital.
Freelancers are waiting 3x longer to get paid than contracted staff...
Freelancers wait three times longer to get paid than full time staff, as firms struggle with both cash flow and payroll issues, according to research from Sonovate.
Instagram embeds payment services through Meta Pay
Social media platform Instagram has embedded payments through the support of Meta Pay.
Currencycloud partners with Australian FinTech Bano for new FX Converter tool
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.
Payments firm SumUp hits €8bn valuation
Global payments platform SumUp has bagged €590m in a funding round that values the company at €8bn.