Tilled secures $11m Series A to boost software payment monetisation
US PayFac-as-a-service company Tilled has raised $11m from a Series A round to help software companies monetise payments coming through their platforms.
Kissht nets $10m in round led by Fosun International
Payment credit application Kissht has reportedly netted a $10m investment led by China-based Fosun International.
Zumo surpasses crowdfunding target as it looks to capitalise on Scotland’s growing FinTech sector
Scottish FinTech platform Zumo has stormed past the target of its crowdfunding campaign to reach £1.5m.
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.
Marqeta widens European presence through expanded Klarna partnership
Klarna has entered 13 new European markets after it expanded its alliance with card issuer Marqeta.
CSI eyes bolstered instant payments adoption through pilot program
Computer Services Inc (CSI) will participate in the FedNow pilot program with the aim of increasing the adoption of instant payments in the US.
Boku eyes simplified mobile payments market with new network launch
Carrier billing business Boku has unveiled a mobile payments network that it claims will reach 5.7bn payment accounts in 90 countries.
PayMongo raises $2.7m from Stripe, Peter Thiel and Y Combinator
Online Philippine payment provider PayMongo has raised $2.7m in order to leverage the country’s central bank’s ambition to go increase cashless payments by 20%.
Mozido brings mobile wallet to Taiwanese banking consortium
Taiwan’s banks are taking another step towards creating a cashless society and partnering with mobile payments provider Mozido to adopt its HCE technology.
Canada’s real-time payment system launch pushed back to 2026
Canada's real-time payment system is now targeting a launch no earlier than 2026, following further delays to its roll-out.