Banking Circle acquires German A2A payments firm SEPAexpress
Banking Circle expects more than 20% of e-commerce transactions in Europe will be made via A2A payments by 2023.
Banking Circle expects more than 20% of e-commerce transactions in Europe will be made via A2A payments by 2023.
Nexa Equity aims to scale Choice through both “organic initiatives” and strategic acquisitions such as DPC.
The acquisition is expected to close in Q3 2022, subject to customary regulatory conditions.
Finovate’s Greg Palmer on how the pandemic accelerated the digitisation of financial services.
The start-up will use the fresh capital to expand throughout North America, LatAm and APAC.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
MoonPay CEO says: “Web3 is radically changing the way we approach the business of entertainment, sports and music.”
Accel, Kaszek and Y Combinator also participated, as well as a number of angel investors.
The round saw participation from Eldridge, TTV Capital, Fin VC, George Kaiser Foundation and eGateway Capital.
Fast CEO Domm Holland says: “Sometimes trailblazers don’t make it all the way to the mountain top.”
The Madrid-based company has raised $225 million to date in debt and equity funding.
Bolt will integrate Wyre’s crypto stack, giving developers blockchain protocols to build financial products.
The firm has acquired Chile’s Paygol and Colombia’s Pago Digital.
Worldline holds a 51% stake in the new entity, with ANZ holding the remaining 49%.
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Spring by Citi enables the bank’s institutional clients to accept consumer payments online.
The new wholly-owned subsidiary will consolidate all of Mashreq’s existing payment systems into a single platform.
Congratulations to all of this year’s finalists.
Founded in April 2020 by Daniel Cannizzaro, Parpera has already raised AUD 2.7 million in equity funding.
Deskus joins PayPal from tech titan Intel, where she served as senior vice president and CIO.
The round, led by Vistara Growth, saw participation from Bluesky Equities, Tribune Capital and Rising Tide.
The Series B brings the company’s total amount raised to date to $60 million.
Payments are now just as important to brand identity as top-of-funnel activities like advertising.
Rutter’s $27 million Series A funding round was led by Andreessen Horowitz.
The latest investment takes Bazaar’s total capital raised to more than $100 million.
The firm says it will plant a tree for every transaction it processes.
The acquisition will enable Chari to launch buy now, pay later (BNPL) services.
Stax has grown 500% in the past three years and processed more than $23 billion in payments.
LHV CEO says growing its payment services business has become an important part of the firm’s growth strategy.
The deal values Sezzle at approximately $360 million (AUD 491 million).
Boku CEO says the sale will allow the firm “to focus on developing our mobile payments solutions”.
The company also confirmed the acquisition of cryptocurrency fundraising platform The Giving Block.
Zeller says it has signed up more than 10,000 Australian businesses within eight months.
Lloyds has also made an equity investment for a minority stake in Bink.
Helpful says the average amount of CO2 every checkout payment produces is 3.78g.
The solution will be available on all DBS Mastercard, Visa and American Express credit cards.
Fraudsters are now increasingly finding clever ways to exploit this innovative form of financing.
Clickatell says chat is the largest digital platform in the world, with 7.7 billion users.
Scalapay has also launched a checkout experience platform for e-commerce called Magic.
The oversubscribed round was led by Africa-focused investment vehicle V8 Capital Partners.