International money transfer startup Azimo in integrating its service into Facebook Messenger to allow senders and receivers to connect through the social network of 1.65bn users.
Square’s general counsel Dana Wagner is stepping down from his role at the end of September after five years at the payments firm.
Automated B2B payments provider Tipalti has raised $14m in a new round of funding led by SGVC.
Peer-to-peer currency exchange marketplace CurrencyFair has closed €8m in a new round of funding. The capital comes from existing backers Octopus Ventures and Frontline Ventures.
Pan-African digital currency payments startup BitPesa has secured $2.5m in a Series A round to expand across the UK, Europe and West and Southern Africa.
Japanese web giant and investor SoftBank is reportedly in talks to sell Snapdeal-owned mobile wallet FreeCharge for as little as $150m to $200m.
New York-based Boost Payment Solutions has completed a funding round from Mosaik Partners.
New York-based Online payment solutions provider Bread has secured $126m of equity and debt financing.
Singapore-based Red Dot Payment has closed its Series B funding round picking up around $5.2m, which the company will use to improve its infrastructure.
IBM has announced a new blockchain banking solution to help financial institutions address the processes of universal cross-border payments.