Smartphone and contactless payment platform Paymob Smart Payments is among the companies to join the new Techstars Hub71 Accelerator programme.
Saudi Arabia-based startup Tamara has secured $6m of seed capital on the back of increased activity in the buy now pay later sector.
Payments and integrated software company Paystone has finalised a $69m strategic financing round from Canadian Business Growth Fund (CBGF) and National Bank of Canada.
Local payments platform-as-a-service PPRO has hit the unicorn status, after a $180m funding round puts its valuation to more than $1bn.
UAE-based peer-to-peer (P2P) payment application Ziina has closed its seed round to help with its goal of entering Saudi Arabia and Jordan by 2022.
Moss, a corporate credit card built for the entire company spending, has reportedly collected $25.5m in its new funding round.
X1 Card, which claims to be the smartest credit card available, has scored $12m in its funding round, which was led by Spark Capital.
While the payments industry has reason to celebrate, last week also proved a boon for 38 FinTech companies closing investment rounds. The FinTech industry returned...
E-commerce venture Future FinTech Group has closed the registered direct offering of three million share of its common stock at a purchase price of $5.00 per share on January 13, 2021.
Czech Republic-based cashflow management platform Twisto has reportedly collected €16m in new funding.