Turkish payments service provider iyzico nabs $13m
Turkish online payments processor iyzico has raised $13m in a Series C round led by Vostok Emerging Finance. Existing backers IFC and local investor 212 also participated.
Flipkart bags $156m in credit line from Axis Bank
India-based e-commerce marketplace Flipkart has reportedly bagged $156m in a credit line from Axis Bank.
Amino Payments bags $4.5m funding led by First Round
Online blockchain-based payments company Amino Payments has closed a $4.5m funding round led by First Round Capital.
B-Stock nets $65m in backing from Spectrum Equity
B-Stock, a B2B marketplace for liquidation merchandise, has netted $65m in a round from growth equity firm Spectrum Equity.
Indonesian PayTech KinerjaPay secures $200m investment
Indonesian FinTech KinerjaPay has secured a signed commitment from PT. Investa Wahana Group to invest $200m in the business.
Wahana Group had agreed to buy...
Wirecard working together with WHSmith to expand the retailer’s digital payment offerings
Digital payments solutions company Wirecard has joined forces with WHSmith. Together, the two aim to give the retailer more opportunities to cash in on digital payments.
Faire has scored both a unicorn status and $150m in a massive Series D...
Curated wholesale marketplace Faire has achieved unicorn status after being valued over $1bn following a huge $150m funding round.
Nuvei ups its valuation to $2bn after new funding round
Payments company Nuvei has scored $270m in a common equity financing round, raising its valuation to $2bn.
Wirecard has become Visa’s preferred payment processor
Hot on the heels of signing a new partnership with Klarna in March, Wirecard has now inked a new deal with Visa to help the payment giant bolster the Visa Fintech Fast Track programme in the Middle East.
Miss these 27 funding rounds at your own peril
From stocktrading to teenage finances, last week's funding rounds provide plenty of things to consider for the future of the industry.