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The latest round brings Paddle’s total funding to date to $293 million.
The deal is subject to regulatory approvals and is expected to complete in H2 2022.
Hopscotch, founded in June 2021, has raised nearly $10m from 12 investors.
Payment experiences have changed significantly, with ‘alternative payment’ methods gaining more and more traction.
View the finalists for the 2022 PayTech Awards, with winners to be revealed on 1 July 2022.
A deep-dive into the trends defining 2022 and beyond, based on a comprehensive survey of the industry.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
First Bank says Finzly’s Payment Hub “gives us the speed and agility to offer a fintech-like payment experience”.
The “industry first” deal will allow for transactions to be conducted near instantaneously.
In his new role at GoCardless, Stoddart will oversee the strategy, sales, product, marketing and customer teams.
The EU Commission claims Apple has violated anti-trust rules for the benefit of its own Apple Pay.
The company operates in Mexico and Chile and has more than 450 employees spread throughout LatAm.
Scalapay has now raised $727 million in total funding to date.
The funding will be used to double the size of its team and develop new products.
Traditional banking systems remain largely built on the rails of decades-old technology.
The round saw participation from Target Global, Global Founders Capital, Finch Capital and Partech, among others.
The cash will be spent on Minka’s ongoing clearinghouse and central bank infrastructure modernisation project.
Digital payment systems have seen explosive growth with many people moving away from cash.
Cover story: THE NEED FOR SPEED – Getting money to those that need it, fast.
Banking Circle expects more than 20% of e-commerce transactions in Europe will be made via A2A payments by 2023.
Saltare aims to give large organisations the tools to pay suppliers and partners more quickly.
Nexa Equity aims to scale Choice through both “organic initiatives” and strategic acquisitions such as DPC.
The funding was raised at a pre-money valuation of $60 million, according to Sky News sources.
The acquisition is expected to close in Q3 2022, subject to customary regulatory conditions.
MoneyGram responded to the “baseless claims”, adding it is “fully prepared to vigorously defend itself”.
Moving money where it’s needed quickly, reliably, and cost-effectively is more important than ever.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Kamienas joins from financial group SEB and will be tasked with expanding the company’s European footprint.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Answering the question of what, despite changing times and expectations, the key to success is.
The emergence of new privacy regulations in the US and recommendations for the next wave of compliance.
PayU has invested more than $1 billion in fintech companies to date.
Download this influential global study on the fintech industry’s present and future.
The new combined entity will operate under the MYPINPAD brand and will double its global footprint.
DLT has the potential to bring post-trade processing into the 21st century.
James Phillips joins Stripe after a decade at Microsoft.
Ant Group will become a majority shareholder of 2C2P.
AI offers a winning strategy in the race to reduce fraud and continue improving payment flows.
Montonio raised €11 million and Payaut secured €8 million, respectively.