Payments Archives - FinTech Futures

Payments

Hospitality payment app Sunday raises record €20m seed round for Europe

The start-up claims to cut the costs for operators to 0.5% per transaction.

Hi55 Ventures, NTT DATA, Railsbank and Mastercard team up to reinvent payroll

The Hi card will give employees direct access to money they’ve earned in real-time, free of charge.

Mastercard acquires digital identity firm Ekata in $850m deal

Payments giant to combine Ekata with its own fraud and identity platforms.

Routable raises $30m in Series B funding to boost B2B payments

Seattle fintech nabs bumper round from a handful of angel investors.

How much do subscription services invest in chargeback protection and why do they need it?

There is a way to both decrease the chargeback losses and the expenses on fraud prevention tools.

Fintech funding deals globally 12-18 April 2021

Featuring Clearcover, Razorpay, The Zebra, Netstars, and Fintern.

Dutch VC Finch Capital snaps up Wirecard’s APAC assets

The purchases were made through Nomu Pay.

Dave Sissens

RTGS.global hires industry veteran Dave Sissens as new CEO

The full-service availability of the RTGS.global platform is expected later this year.

Lending start-up Fintern raises £32m in equity and debt funding

UK fintech backed by German institution Varengold Bank

SoftBank in talks to turn Indian payments firm Zeta into a unicorn

If finalised, the investment would come through SoftBank Vision Fund 2.

Video: Top fintech stories this week – 16 April 2021

To stories from across the fintech world, featuring Coinbase, Pine Labs, Ozon and more.

ICYMI funding round-up: Cardlay, Revix, Numidia, Payable & more

A round-up of the funding you may have missed this week.

Kiwi payments start-up Dosh selects Software Group

Dosh is the first local mobile wallet solution in New Zealand.

Pine Labs acquires digital payments start-up Fave in $45m deal

Indian payments firm snaps up Fave to introduce the latter to India.

Cuba’s only telco ETECSA granted payment provider licence

The firm can now convert customers’ balances into electronic money.

TSB taps ApTap to help customers manage bills

Deal follows trial period featuring 10,000 TSB customers, who saved an average of £150 a year using the service.

Blockchain firm ConSensys raises $65m from major banks

ConSensys raises cash following company restructure.

Dear Luc: To give my customers cards I just need an issuer – right?

Our anonymous fintech problem asks if issuers are all you need to provide cards to customers.

Extended deadline announced for PayTech Awards 2021

Recognising excellence and innovation in the use of IT in the finance and payment industry worldwide!

Russian e-commerce giant Ozon acquires Oney Bank in $10m deal

Firm known as “the Amazon of Russia” steps into fintech space.

Railsbank reunites Currencycloud founding team with John Hammond hire

John Hammond joins former colleagues at the firm as its new CCO.

Auxmoney secures €250m in debt financing from Citi and Chenavari

New round tips total raised by auxmoney above $3 billion.

Bill payments lingo you need to know

A handy glossary of common electronic bill payment terms and why they matter to your business.

Modulr lands undisclosed investment from FIS Ventures

“Modulr lowers the barriers to bringing payments into a platform”.

Fintech funding deals globally 5-11 April 2021

Featuring CRED, OneStream Software, Loopio, Patreon, and Ramp.

Minna Technologies recruits Tiama Hanson-Drury as new product officer

Hanson-Drury joins the Minna team from Dynata.

EML Payments acquires open banking brand Nuapay in €110m deal

Nuapay owner Sentenial snapped up by prepaid cards firm EML.

Tide signs deal with RBL Bank to underpin Indian expansion

The UK firm is seeking 25,000 new customers in the country.

Keep the change: how fintech is blurring the line between transaction and payment

As payments become more frictionless, how can banks cultivate and maintain customer loyalty?

Video: Top fintech stories this week – 9 April 2021

Featuring Clubhouse, Stripe, Harlem Capital, Paymob, and WorldRemit founder.

ICYMI funding round-up: FinanZero, Hala, Spoko, Cornerstone & more

Another week and another slew of funding rounds.

Egyptian fintech Paymob lands country a record $18.5m Series A

The Series A followed a $350,000 seed raise in 2019.

Octobank acquires Earlybase to boost sales and marketing in Europe

Czeczia-based neobank makes strategic buy.

Raising the curtain on embedded finance: the next wave of fintech is here

Embedded finance brings an entirely new set of players targeting specific segments into finserv.

Banking Technology April issue out now

Soaring to new heights: a record-breaking first quarter of M&A activity.

Airtel Africa sells 25% stake in mobile money arm to Mastercard for $100m

Airtel Africa hopes to list the mobile money business as a separate entity.

Stripe takes first step into Middle East with UAE expansion

Digital payment transactions in the UAE during 2020 reached $18.5 billion.

Clubhouse introduces tipping for content creators with Stripe

The one-year-old start-up has raised around $100 million to date.

WhatsApp Pay finally gets greenlight from Brazil’s central bank

WhatsApp is only allowed to do P2P payments in Brazil.

US retail trade groups ask to join $5.54bn Visa and Mastercard lawsuit

The two bodies want permission to become parties in the lawsuit.

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