Zaver banks $5m to facilitate cardless and BNPL payments in the durables sector
Zaver, a Swedish FinTech enabling merchants to accept cardless payments and offer buy-now-pay-later (BNPL) services, raised $5m in new funding.
Why SumUp and Stripe took centrestage among the 41 FinTech investment rounds last week
Of the 41 FinTech investment deals last week, companies in three sectors, in particular, proved to be exceptionally successful as the list of FinTech unicorns continues to grow.
Brim Financial rakes in $25m through Series B funding round
Canadian FinTech and certified credit card issuer Brim Financial secured $25m in a Series B round co-led by Desjardins Group and EPIC Ventures.
Axis Bank rolls out wearable contactless payment device Wear ‘N’ Pay
In a bid to encourage the mainstream adoption of cashless transactions, India-based banking group Axis Bank launched its own range of wearable contactless payment devices, called Wear N’ Pay.
Nigerian FinTech firm Flutterwave lands unicorn status after $170m funding
Africa-focused FinTech company Flutterwave has raised $170m in a Series C round pushing the company’s valuation at more than $1bn.
Paytm transforms android phones into contactless card payment machines with new launch
India-based digital payments provider Paytm to allow merchants and retailers use an Android phone as a payments machine for near field communication credit and debit card payment transactions.
Hellenic Bank teams up with Backbase to launch retail banking app
Cypriot bank Hellenic Bank launched new online retail banking platform, built in partnership with Engagement Banking technology provider Backbase.
FinTech AeroPay scores $5m in funding to support payments in cannabis industry
Digital payments platform AeroPay closed a $5m funding round led by Chicago Ventures.
TerraPay expands to USA and Canada to ease real-time cross-border payments
Digital payment provider TerraPay will now offer real-time bank payments in the USA and Canada to facilitate better cross border remittances.
FinTech startup Revolut launches banking operations in ten additional countries
Global money-transfer platform Revolut has operationalised its European specialised banking licence in ten additional countries.
