PayTech Archives - FinTech Futures

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Saudi start-up Hakbah raises $1.2m in seed funding

Hakbah aims to “modernise and ease” savings in the kingdom.

Mastercard Cards

Mastercard plans to raise fees for UK purchases from EU

“This smacks of opportunism,” says Kevin Hollinrake, chair of Fair Business Banking.

UK fintech TrueLayer launches its payments API to rival cards

PayDirect claims just a 3.5% payment failure rate.

Crypto liquidity firm Wintermute raises $20m in Series B round

Firm plans to expand into derivatives and new markets in Asia.

Asia-Pacific fintechs Volopay and Microleap land funding

Singapore-based Volopay and Malaysia-based Microleap have raised $2.1 million and $3.3 million, respectively.

US-based paytech Modern Treasury raises $38m in Series B

In 2020, Modern Treasury customers reconciled $1 billion using its platform.

Rapyd raises $300m in Series D, plans more acquisitions

It will double the engineering and product teams and expand the “self-service” element of the platform.

FinTech Futures Jobs: five awesome fintech companies founded by women

Featuring Aya Payments, Modularbank, First Boulevard, GoHenry, and Alinea Invest.

Fintech funding deals globally 18-24 January 2021

Featuring PPRO, iSTOX, Indy, Mercado Bitcoin, and Brigit.

Zip boosts Aussie exchange to 11-month high with $56m share purchase

The BNPL firm raised $26m in oversubscriptions, at $5.29 a share.

DNA Payments Group acquires Active Merchant Services

The deal brings DNA’s customer base up to around 30,000 merchants.

Ten trends set to influence the payments industry

The financial services and payments sectors have a bright future, should these trends continue to develop.

TikTok’s Chinese version Douyin adds payments app

Douyin Pay (Douyin Zhifu) has been added to the app’s options.

Corporate credit card start-up Moss raises €21 million in Series A

Moss wants to change the way companies track expenses.

PPRO reaches $1bn valuation on back of $180m venture raise

Payments infrastructure firm plans “global expansion” with new cash.

Retailer Uniqlo cuts out middlemen with own payments integration

Uniqlo Pay has partnered with Sumitomo Mitsui Banking Corp.

SME credit fintech Dinie lands dLocal deal one year into Brazil play

Dinie was founded in the UK, made in Germany, and designed for Brazil.

SWBC picks Finicity Pay to meet new ACH requirements

Account verification needs a boost under new Nacha rules.

NAB signs SME payments deal with Eedenbull

Eedenbull is providing a handful of systems to the major Aussie bank.

Goldman picks Marqeta to power Marcus current account rollout

Marcus plans to launch its new accounts later this year.

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