Payments & Remittances

Payments & Remittances

IBM Reportedly planning acquisition of point-of-sale business Revel

IBM is reportedly planning a re-entry into the point-of-sale (POS) space. According to Bloomberg the firm is in discussions to acquire iPad-based POS company Revel Systems.

FinTech startup Cookies brings P2P payments to Germany

Cookies is launching a peer-to-peer payments solution in Germany where most people still rely on traditional banking.

Viva Republica captures $23.7m to expand its services

South Korean mobile payments firm Viva Republica has landed $23.7m for its Series B funding round. The company is the developer behind peer-to-peer mobile transfer app Toss.

PayKey unlocks $6m to bring P2P payments to messaging

Peer-to-peer payments service PayKey has raised $6m in a Series A round of funding co-led by e.ventures and Gaby Salem of Wharton Asset Management.

Company cards startup Pleo picks up funding from Creandum

Previously investing in regional heavyweights such as Spotify and FinTech players Klarna and iZettle, Creandum led a fresh $3.25m investment into Pleo.

Vantiv buys B2B payments firm Paymetric

Payments processor Vantiv is acquiring B2B payments company Paymetric from private equity firm Francisco Partners. The financial terms of the deal are undisclosed.

Soldo bags $11m in Series A led by Accel

London-based Soldo bags an $11m Series A funding round led by Accel.

Australia-based Spriggy nabs $2.5m

Australia-based Spriggy has reportedly raised around $2.5m in its latest funding round led by Alium Capital.

Global Payments secures up to $607m in funding

Payment solution provider Global Payments has secured up to $607m in its latest equity fundraise, FinTech Global can reveal.

Grotech Ventures leads DirectScale’s $8.5m Series B round

DirectScale, which provides a cloud-based platform to meet the needs of the direct and social sales industry, has closed an $8.5m Series B funding round.

Don't miss our news & research. Subscribe to our daily newsletter!

29205