Ex-footballer Rio Ferdinand buys stake in FinTech Sokin
Ex-footballer Rio Ferdinand has bought a stake in PayTech company Sokin as the startup eyes launch later this year.
Sequoia-backed Finix surpasses $100m in total funding, aims to boost diverse investors
Payments infrastructure company helping vertical SaaS companies, Finix has surpassed $100m in total funding.
FCA censures Premier FX for breaking payment services rules
A City watchdog has publicly censured collapsed payments company Premier FX for failing to safeguard its customers’ money and for misuse of its payment accounts under the Payments Services Regulations.
Razorpay seeks to double its valuation to $2bn via plans to secure up to...
FinTech startup Razorpay is reportedly in talks with existing investor Singapore investment fund GIC to raise circa $150m to $200m in a new financing round.
Credit card company Petal raises $126m in debt
Credit card company Petal has received a $126m debt facility to help it extend the reach if its services.
TreeCard secures $5.12m seed round
TreeCard has raised $5.12m to continue the development of its wooden Mastercard payment card and its tree-planting scheme.
Mobile payments platform RecargaPay secures $70m to smoothen digital financing
Brazil-based mobile payments company RecargaPay has raised $70m with the aim to further develop its payment platform.
Bottlepay hits £51m valuation after seed round close
Real-time global payments system Bottlepay has raised £11m in its seed round to continue its aggressive hiring streak.
MoneyGram steps back from partnership with Ripple over SEC lawsuit
Remittance firm MoneyGram suspends trading on Ripple’s payment platform, RippleNet, citing the ongoing $1.3bn lawsuit filed by the U.S. Securities and Exchange Commission (SEC).
Andy Murray backs GoodBox £9m funding round
Manchester-based GoodBox, which provides charities with contactless payment tools, closed a £9m funding round from existing backers including tennis champion Andy Murray.
