PayTech Archives - FinTech Futures

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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.

Fintech funding deals globally 11-17 January 2021

Featuring Checkout.com, MX, Blend, Creditas, and Enfusion.

Pakistan launches new instant payment system Raast

Government hopes Raast can host a collection of payment types.

Dubai-based Bankiom promises “new way” to manage money

Banking app promises fast account setup and loan processing.

Philippines’ mobile wallet GCash closes on $1bn valuation with new funding

Mynt-operated firm raises $175m from US investor.

Shariah P2P fintech Alami raises $20m in debt financing

Alami hopes to distribute trillions to SMEs and micro businesses.

UK payments acquirer Unlimint powers on with “aggressive” LatAm expansion

In November, the fintech rebranded to Unlimint from ‘Cardpay’ as part of its expansion plans.

Stripe cuts off Trump campaign for inciting violence

Payments processor strips Trump for encouraging violence.

Fintech funding deals globally 4-10 January 2021

Featuring Grab, Mynt, Divvy, Mambu, and SimpleNexus.

UK Treasury calls for input on planned regulation of cryptoassets and stablecoins

UK’s finance ministry says “the landscape has changed” in a short time.

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