International payments business WorldRemit gets $175m Series D

Venture capital-backed mobile payments provider WorldRemit has raised a $175m Series D round from some of its existing investors.

Kyriba helps J.P. Morgan clients access real-time payments

Treasury management platform Kyriba has launched a new service through J.P. Morgan’s API which enables clients of both platforms to send real-time payments in the US.

VC-backed TransferWise hits $3.5bn valuation through secondary investment round

Venture capital-backed money transfer business TransferWise has hit a $3.5bn valuation through a new $292m secondary investment round.

VC-backed payment card issuer Marqeta nears $2bn valuation through Series E round

Venture capital-backed payment card issuing platform Marqeta has hit a valuation of almost $2bn through a Series E funding round.

JPMorgan buys healthcare payments business InstaMed

Healthcare payments provider InstaMed has been picked up by JPMorgan Chase in a strategic investment reportedly valuing the business at between $550m and $600m.

Mastercard, Edenred launch biometric card pilot in Mexico

Mastercard has formed a partnership with payment solutions and card issuing company Edenred to launch a test pilot of biometric cards in Mexico.

MeReal Biometrics releases latest iteration of its biometrics card

MeReal Biometrics has launched the latest iteration of its biometrics payment card which is now compatible with more payment and access devices than any other card, it claims. seals Europe’s biggest Series A fintech raise with $230m round

Global payments business has sealed the biggest Series A round in history for a European fintech company through a $230m VC-backed financing.

Divvy secures $200m in third funding round in less than a year

Business payment and expense management platform Divvy has closed a $200m Series C invesment round led by New Enterprise Associates. NEA was joined by exiting investors...

SoftBank invest €900m in Wirecard amid east Asian expansion

Payment processing platform Wirecard has secured a €900m investment from SoftBank, as they enter a strategic partnership to expand in the East Asian markets. SoftBank...