Tag: PayTech

Cambodian financial institution ABA Bank has become the first bank in the country to launch an instant card issuance kiosk, through a partnership with Compass Plus Technologies.

Worryingly, 96% of SME payments decision makers lack understanding of the payment process, according to a report from Cashflows, which helps merchants accept payments.

?UK fintech Atoa Payments is the new startup looking to give small businesses a viable alternative to debit card payments. It has raised $2.2m for its pre-seed round.

 The global spend for OTT (over-the-top) based conversational commerce is expected to rise from $13.3bn in 2022 to $25.1bn in 2023, according to a report from Juniper Research.

Ping, a global payment platform for freelancers and contractors, has netted $15m in a seed funding round. 

CLOWD9, which claims to be the world’s first cloud native and decentralised payments processing platform, has named Peter Selman as chairman.

Nelo, which offers a consumer payments platform for online purchases in Mexico, has secured a $100m credit facility.

Ualett, which offers an online cash advance app to the gig economy, has secured a $50m credit line, through a new partnership with Thiele Capital Management.

Hong Kong-headquartered PayTech startup KPay Merchant Service has raised $10m in a funding round.

Julaya, a FinTech company based in Côte d’Ivoire, has secured a $5m extension round as it looks to expand its operations in West Africa.