Ramp Financial said to raise $7m in funding
Ramp Financial, which is building a corporate credit card, has reportedly raised $7m in funding.
Facebook introduces new payment service Facebook Pay
Social media giant Facebook is strengthening its push into the FinTech space by announcing the launch of Facebook Pay, a new way to shop, donate and transfer cash across Facebook, Messenger, Instagram and WhatsApp.
Finexio bags $2.5m in new funding round
Finexio, a PayTech startup, has raised $2.5m from both existing and new investors in a new investment round.
BandPay said to raise $2m as it looks to help musicians get paid
BandPay, which aims to improve the way musicians get paid, has reportedly secured $2m in a funding round from an unnamed angel investor.
Global payment as a service market to be worth $25.7bn by 2027
Digital transformation and changing consumer demands are driving the maturation of the global payment as a service market at an expected compound annual growth rate of 16.9% in the next seven years.
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.
Payments company CHAI said to raise $60m in Series B round
South Korean payments company CHAI has reportedly scored $60m in its Series B funding round, which will bolster its global expansion efforts.
Plastiq and Ramp team up to enable businesses make large payments via its corporate...
B2B intelligent payment solutions provider Plastiq and American corporate card Ramp are collaborating to help companies pay for every kind of corporate cost with the Ramp card.
Orum said to raise $21m in its Series A funding round
Orum, which has built real-time money transfer infrastructure, has reportedly collected $21m in its Series A round.
Virgin Money teams with UK FinTech firm to bolster lending offering
Virgin Money has partnered with FinTech company Trade Ledger to deliver a quicker, more user-friendly experience for business customers applying for lending.