Dwolla swipes $6.85m for bank transfers API

Bank transfers software platform Dwolla has raised $6.85m in a new funding to coincide with the relaunch of its white-label API.

Supercapital has entered administration as regulator warns about scams

UK payment services provider Supercapital has entered administration after ceasing to provide any regulated businesses on September 12.

Instant Credit acquired by venture capital unit of Banco Sabadell

Online consumer financing platform Instant Credit has been acquired by InnoCells, the digital ventures department for Spain-based Banco Sabadell. This strategic acquisition was made to...

Lulu Exchange invests $3.5m in ARKIN to offer new digital solutions

Lulu Exchange, a global foreign exchange and money remittance enterprise, has invested $3.5m in tech startup ARKIN Technologies.

Fractal brings in seed funding to make ICOs compliant

Fractal, a Berlin, Germany-based blockchain technology looking to make ICOs compliant, has raised seed funding.

Brexit delays UK’s Financial Conduct Authority’s fact-finding mission about the wholesale market

The UK’s ongoing divorce negotiations with the EU have caused the Financial Conduct Authority (FCA) to postpone work about the risks of using data in the wholesale market.

Microchip Payments said to pick up funding from Sandbox Startups

Mobile banking platform Microchip Payments has reportedly received an investment from technology incubator Sandbox Startups.

GI Partners buys Togetherwork from Aquiline Capital

GI Partners has acquired payment and software developer group Togetherwork from Aquiline Capital Partners for an undisclosed amount.

Passport closes $43m Series C led by Bain Capital Ventures

Mobile payments platform Passport has closed a $43m Series C funding round led Bain Capital Ventures.

PayPal has acquired shopping and rewards platform Honey Science Corporation in $4bn deal

Payments giant PayPal has announced an agreement to acquire Honey Science Corporation, a fast-growing shopping and rewards platform, for approximately $4bn. Honey will be integrated...

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