Token driving UK open banking payments expansion, research finds
Market share statistics by CMA9 – the nine largest UK banks – has found open banking platform Token is driving the adoption of open banking payments in the country.
Jack Dorsey’s Square buys Afterpay in $29bn deal amid buy now, pay later boom
Twitter co-founder Jack Dorsey's digital payments platform Square has acquired Australian 'buy now, pay later' firm Afterpay to create an online payments powerhouse and help accelerate Afterpay’s growth in the US.
Goldman Sachs, Fiserv team to unveil B2B payments facility
US FinTech firm Fiserv and Goldman Sachs have introduced their first product offering from its ongoing strategic partnership.
YC-backed teen-focused FinTech FamPay partners with Visa to launch personalised doodle cards
After the successful launch of their numberless FamCard, FamPay has launched India’s first Visa Prepaid Card for teenagers with personalized doodles on it.
Card issuing platform for developers Lithic valued at $800m with Stripes-led Series C
NYC-based card issuing platform for developers Lithic raised $60m in Series C funding, making the company a soonicorn.
Card issuer Slice banks $10m debt funding from Northern Arc Capital
Credit card challenger Slice secured $10m in debt funding from multiple financial institutions like, Northern Arc Capital, Niyogin Fintech Limited, Credit Saison India, and Vivriti Capital to name a few.
Klarna rival Payl8r reels in £40m funding after a 334% growth in a year
Manchester-based Payl8r has secured £40m from Conister Bank and plans to become a £1bn FinTech business within five years.
Amazon and AO.com’s credit card provider launches UK’s first digital only credit card Bip
Amazon and AO.com’s credit card provider NewDay has launched a new fully digital credit card aiming to provide an alternative to rivals like Apple Pay and Google Pay.
Nium nets $200m to become first global B2B payments unicorn from Southeast Asia
Nium, a global B2B payments platform, has raised over $200m in a Series D round led by Riverwood Capital to accelerate its product roadmap and drive global expansion.
Former Mollie and Klarna execs launch AI-powered BNPL solution Biller to future-proof B2B invoicing
Former Mollie and Klarna senior managers have developed Biller, an AI-powered buy now, pay later invoicing solution to solve the problems of B2B purchasing.
