Contactless payment transaction value to reach $4.6trn by 2027
The value of contactless payment transactions is expected to reach $4.6trn by 2027, up from $4.6trn in 2022, according to data from Juniper Research.
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
Payments firm SlimPay and open banking platform Tink have teamed up to provide merchants access to open banking powered account-to-account payments.
The Chainsmokers join funding of newly launched PayTech Pomelo
PayTech startup Pomelo, which aims to improve money transfers, has reportedly raised $20m in seed funding, alongside a $50m warehouse facility.
Ghana-based Zeepay bags $10m investment
Ghana-based PayTech company Zeepay has reportedly raised $10m in a funding round.
India-based payments firm MobiKwik closes debt line
India-based payment service MobiKwik has reportedly secured INR 35 crore ($4.3m) in debt from Blacksoil Capital.
Twid bags $12m for loyalty and reward payments
India-based Twid, which is on a mission to revolutionise how loyalty and rewards are used, has raised $12m in Series A funding.
Openull bags funding for BNPL platform in South Korea
South Korea-based FinTech Openull has raised an undisclosed amount in a pre-Series A funding round.
Global Payments acquires EVO in $4bn deal
Global payment technology provider Global Payments will acquire fellow PayTech solution developer EVO in a $4bn deal.
Xsolla launches new services to its payment software for video game developers
Video game commerce company Xsolla has launched a new payments solution that will boost cross-platform branded payments.
