Tag: PayTech

Nigerian e-commerce platform Traction has announced that it has raised $6m in a seed investment round, as it looks to accelerate company growth. 

Revolut has revealed that around 62% more money was transferred into Muslim countries during Eid al-Adha, the religion’s largest holiday. 

Ivy, an instant bank payment startup, has secured $7.7M in a seed investment round that was led by European VC Creandum. 

Priority Technology Holdings, a leading unified commerce platform that offers integrated payments and banking on a large scale, has successfully completed the acquisition of Plastiq, a prominent B2B payments company providing working capital solutions and automating accounts payable and receivable.

Key PayTech seed deal investment stats in Q1 2023: • Global PayTech seed deal activity totalled at 53 deals during Q1 2023, a 52% increase...

Payments company Hands In has scored $550,000 in a funding round to speed up the commercialisation of its group payment services.

Nomba, a payment services provider aimed at African businesses, has raised $30m for its pre-Series B funding round.

Tripleseat, an event management software and integrated payments firm for the hospitality space, has secured an investment from General Atlantic.

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.