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

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

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 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.

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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