Another Bulgarian payments startup closes funding this week
Bulgaria-based payments company Paynetics has closed a new €2.5m investment round.
Paddle secures $68m in its Series C round to support growth efforts
Paddle, a B2B SaaS platform, has closed its Series C round on $68m to continue its growth momentum.
Papaya Global snares $250m in Insight Partners-led Series D
Workforce management platform Papaya Global has raised $250m from a Series D funding round led by Insight Partners and Tiger Global.
TransferWise gains direct access to the UK’s Faster Payments Service
London-based remittance startup TransferWise is gaining access to the UK’s Fast Payments Service (FPS), through a technical partnership with Raphaels Bank.
heidelpay acquires its second payment service provider
AnaCap-backed heidelpay Investments has acquired Austrian online payment solution company Mpay24.
Two-thirds of European firms feel let down by banking provider during pandemic
A survey by Parliament Street Think Tank has found up to 66% of SMEs feel they have been let down by their banking provider during the Covid-19 crisis.
Venmo announces new credit card through Synchrony partnership
Hot on the heels of its announcement about a new transfer service, Venmo has unveiled its first-ever credit card.
Currencycloud, FxPro partner to launch new e-money business
Cross-border payments firm Currencycloud has partnered with global broker FxPro to offer a new e-money service called BnkPro.
HealthiPASS closes $7.2m funding led by FCA Venture Partners
Hospital patient payment technology provider HealthiPASS has closed a $7.2m Series A financing round led by FCA Venture Partners.
Zimbabwe bans mobile payments over accusations of “economic sabotage”
Digital payments and trading on the stock exchange has been suspended in Zimbabwe in response to what President Emmerson Mnangagwa’s government called “criminality and economic sabotage," Reuters reported.
