Payment processing market to be worth $120.7bn by 2025
New research suggests that the value of the payment processing solution market is expected to grow from $74.4bn in 2020 to $120.7bn in 2025.
Finix extends its Series B to reach a total of $75m
Payments infrastructure company Finix has extended its Series B round to reach $75m, after closing an additional $30m to the round.
Railsbank to buy scandal-ridden Wirecard’s UK division
Following the collapse of the German FinTech giant Wirecard, UK rival Railsbank will reportedly buy the company's British division.
Neat adds $4m to its Series A round
Hong Kong-based FinTech Neat has topped up its Series A round with a $4m extension, bringing the total raised in the round to $15m.
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Axle Payments said to raise $27.7m in a round of debt and equity
Axle Payments has reportedly bagged $27.7m in a mixture of debt and equity to increase its market spread.
Healthcare payments startup Sift Healthcare secures $2.8m in funding
Sift Healthcare, an AI-powered software designed to improve healthcare payments, has secured $2.8m in a new funding round.
Cambodian FinTech Clik said to raise $3.7m in funding
Cambodia-based payments company Clik has reportedly netted $3.7m in a funding round as it edges nearer to its launch.
PPRO scores $50m in funding after a year of strong growth
PPRO, a local payments platform-as-a-service, has closed a $50m funding round after witnessing an 85% increase in transaction volume.
Orum closes first institutional investment to support launch of flagship product
Orum is a new FinTech platform that has the aim of improving the real-time moving of money and has reportedly raised its first institutional investment to support its development.
Bill payment service Ayoconnect said to raise $5m in its pre-Series B round
Indonesia-based Ayoconnect has reportedly bagged $5m in its pre-Series B round to continue its goal of increasing financial inclusion.
