HSBC and ING back buy now pay later firm Divido in $30m round
UK-based whitelabel platform for retail finance Divido raised $30m in Series B funding.
Venmo announces new credit card through Synchrony partnership
Hot on the heels of its announcement about a new transfer service, Venmo has unveiled its first-ever credit card.
NatWest lets customers set transfer limits to reduce payment scam damage
NatWest is now allowing customers to establish their own daily digital bank transfer limits to reduce the impact caused by authorised push payment (APP) scams.
Growish picks up ?400,000 for group payments platform
Milan-based group payments platform Growish has picked up ?400,000 in a fresh round of funding. The company says the funding will be used to expand in its native Italian market and launch overseas.
Swile becomes second fastest French tech unicorn
Swile, a smart card for employees, has raised $200m in its Series D round, making it the second fastest French tech company to reach the unicorn status.
Buckzy Payments lands $14.5m Series A
Buckzy Payments, a Canada-based payments firm, has netted $14.5m in a Series A funding round.
Tim Cook reveals Apple Card is launching in August
The Apple CEO Tim Cook announced that the tech titan is launching its credit card Apple Card in August during an earnings call discussing the business’s third quarter earnings.
Digital consumer spend could jump to almost $790bn in Europe and the US
New research from Juniper Research, the FinTech and e-commerce analyzing agency, reveals that consumers may be swapping cash for digital payments more often in the future.
Hyundai launches in-car payment service
Hyundai has launched a system that lets US drivers find and pay for things with their vehicle's touchscreen using securely stored credit card information.
Square picks up struggling Yik Yak’s tech team for $3m
Payments company Square is taking struggling social app Yik Yak’s development team off its hands for $3m.