Global PayTech TransferMate reaches $1bn valuation
B2B payments infrastructure-as-a-service TransferMate has reached a $1bn valuation after closing a $70m funding round.
Carrot to support Naver with e-commerce returns insurance
Carrot, a digital insurance platform, has partnered with e-commerce shopping platform Naver for shipment return insurance.
Sokin deepens Mastercard partnership with Middle East and Africa jump
PayTech Sokin has signed a partnership agreement with Mastercard to support the roll-out of its fixed-price payment services across the Middle East and Africa.
PayTechs shine in last week’s FinTech funding rounds
FinTech Global reported on 38 FinTech funding rounds this week, with companies from across the broad spectrum raking in eye watering amounts to help aid their growth.
Southeast Asia payment giant Xendit bags Series D
Southeast Asia-focused payments infrastructure platform Xendit has closed its Series D funding round on $300m.
Gaming sector to drive 37% growth to carrier billing spend
The value of end-user spend on digital goods via carrier billing is expected to exceed $74bn by 2026, a significant increase from $54bn in 2022, according to a report from Juniper Research.
What are Meta’s payment plans?
Meta is to rebrand Facebook Pay as Meta Pay in a bid to bring it closer to the Meta brand alongside enhancing the payment experience.
Goldman Sachs backs credit FinTech Deserve
Deserve, a FinTech aiming to expand the real-time credit card economy, has raised a $250m credit facility with Goldman Sachs, Cross River and Waterfall Asset Management.
Africa-focused digitised payment dev Interswitch bags $110m
Interswitch, which is pioneering the shift to digitised payments, has scored $110m in funding.
LatAm-focused PayTech Dock hits $1.5bn valuation
LatAm-focused full-stack payments and digital payment platform Dock has reached a $1.5bn valuation after the close of a $110m growth round.
