Axle-Payments-rebrands-closes-Series-B-for-financial-enablement-paytech

Axle Payments rebrands, closes Series B for financial enablement

Axle Payments, a financial enablement platform for the freight and logistics industry, has rebranded to Denim. Alongside this, it closed its Series B on $126m.
Chile-based payment platform Xepelin secures $140m loan

Chile-based payment platform Xepelin secures $140m loan

Chile-based Xepelin, a payment platform for business and financial services for SMEs in Latin America, has reportedly received a $140m loan from Goldman Sachs.

11 UK FinTechs to build connections with Australia

Eleven UK FinTechs have arrived in Australia on a special government trade mission to build connections with businesses and government in the country.

Mexico’s digital payments service Clip secures $50m credit facility

Mexico-based commerce and digital payments platform Clip has received a $50m credit facility from Morgan Stanley, JP Morgan and HSBC.
SlimPay to expand account-to-account payments through Tink

SlimPay to expand account-to-account payments through Tink

Payments firm SlimPay and open banking platform Tink have teamed up to provide merchants access to open banking powered account-to-account payments.
Nigerian B2B payments platform Duplo raises $4.3m

Nigerian B2B payments platform Duplo raises $4.3m

Nigerian B2B payments platform Duplo has raised $4.3m in its seed round, which was supplied by a coalition of investors and angels.
Ryft bags seed round for PSD2 compliant payments system

Ryft bags seed round for PSD2 compliant payments system

Ryft, a PSD2 compliant payments system, has closed a seed round, which was led by UK-based investor SFC Capital.

Faster payments volume climbs by 23% between 2020 and 2021

A report by UK Finance Payments Markets has found faster payments volume shot up by 23% to 3.6bn from 2020 to 2021.
AToB raises $155m to transform finance in trucking

AToB raises $155m to transform finance in trucking

AToB, which is revolutionising the trucking industry’s financial ecosystem, has closed its Series B funding round on $155m.

Riverwood backs Geopagos for Latin American expansion

Geopagos, a payment acceptance infrastructure in Latin America, has raised $35m in a round led by Riverwood Capital.

News Stories

FBI

FBI gives disinformation warnings ahead of 2022 midterms

The FBI has warned of potential foreign influence operations that may spread disinformation to impact the results of the 2022 midterm elections in November.
Funding-rounds-FinTech

Lending companies shine in this week’s FinTech deals

This past week saw a diverse range of deals closed, lending companies fared particularly well in the highest value deals.
CMS

How to ensure compliance with new CMS requirements

The Centers for Medicare and Medicaid Services have implemented new electronic communications recording, disclosure and oversight rules. How can you stay compliant? 
Ali-FinTech-financial-health-rasies-$25m-offer-Brazilians-fair-credit

Ali secures $25m to offer Brazilians fair credit

Ali, a FinTech that partners with companies to offer financial health solutions for employees, has raises $25m in Series A funding.
Jiko-cash-management-raises-$40m-Series-B-T-bills

Cash management FinTech Jiko bags $40m

Jiko, a cash management FinTech, has raised $40m in Series B funding to empower businesses of all sizes to store their cash in higher yielding spendable T-bills.

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