Tag: Pos

The UK is on the brink of a transformative period in the payment sector, heralded by the burgeoning adoption of digital wallets. This shift is illuminated in Worldpay®'s Global Payments Report 2024, which underscores the UK's pivotal role in the European digital wallet landscape.

Kafene, a point-of-sale financing platform, has recently garnered $12.6m in new equity capital to amass $31m in a Series B.

Qashier, a Singapore-based payments system provider, has impressively amassed US$10m in a series A funding round.

iSeller, an omnichannel-based Point of Sale platform for online and offline merchants, has scored $12m in a Series B round.

Klarna has entered into a strategic partnership with payments firm Ingenico to help roll out its flexible payment options at the point-of-sale.

The number of merchants deploying soft POS solutions will surpass 34.5 million globally by 2027, rising from six million in 2022.

Ivory Coast-based FinTech company Bizao has reportedly received $8.2m in its Series A funding round.

UK FinTech giant Revout has launched its first hardware device as it moves into the in-person payment solution market.

Fifth Third has acquired Dividend Finance, a POS lender for residential renewable energy and sustainability-focused home improvement.

Denmark-based Vibrant, which turns Android mobile devices into point-of-sale terminals, has bagged €4m in its seed round.