Tag: PayTech

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.

FinTech Rewire acquires prepaid card specialist Imagen

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

Paddle buys ProfitWell to automate payments infrastructure for SaaS firms

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

PayTechs shine in last week’s FinTech funding rounds

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.

Instant payments could save UK companies over £1bn, report finds

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.

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