Mox bolsters banking offering with new BNPL service
Hong Kong virtual bank Mox has introduced a new buy now, pay later (BNPL) solution that can split purchase payments over a 36-month period.
American Express said to acquire payments company Cake
American Express has reportedly acquired UK-based restaurant payments company Cake Technologies in a deal worth around $13.3m.The deal was completed last October and due...
Payments platform Banked reportedly secures $2.35m in seed round
Banked, which support real-time payments, has reportedly secured $2.35m in a seed funding round led by Force Over Mass.
Danish Android POS service provider Vibrant bags €4m in seed funding
Denmark-based Vibrant, which turns Android mobile devices into point-of-sale terminals, has bagged €4m in its seed round.
Divido takes $3.3m for instalment payments
Divido, a point-of-sale financer, has raised £2.5m ($3.3m) in round of seed funding. The capital comes from Mangrove Capital Partners and DN Capital.
Galileo partners with Sutton Bank for open loop prepaid cards
US-based Galileo, a payments processor and program manager, has formed a partnership with Sutton Bank.
The UK could up contactless payment limit to £100 post Brexit
The UK could be increasing the contactless payments limit from £45 to £100, as one of its first moves away from the European Union.
Credit card platform Deserve nets $12m round led by Accel
Generation Z credit card provider Deserve has closed a $12m funding round led by Accel.
AI-powered shopping cart Caper closes $10m Series A
Caper, an AI-powered shopping cart which aims to foster the grab-and-go retail experience, has collected $10m in its Series A.
Rio Ferdinand-backed Sokin unveils subscription payments platform in UK, Europe
London-based PayTech firm Sokin has introduced the first subscription-based global payments solution in the UK and European markets.