Payments challenger Airwallex confirms unicorn status with DST Global-led Series C round
Cross-border payments challenger Airwallex has confirmed its unicorn status by passing a $1bn valuation through its latest funding round.
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.
Viva Republica said to raise $173m in new investment round
South Korea-based peer-to-peer money (P2P) transfer platform Viva Republica has reportedly raised $173m in a new funding round.
Instamojo picks up pre-Series B funding round
Payments provider Instamojo has reportedly raised an undisclosed amount for its pre-Series B led Anypay.
Rapyd to acquire payments firm Valitor for $100m
US payments network Rapyd is set to purchase Icelandic company Valitor from Arion Bank in a $100m deal.
Chipper Cash expands to Nigeria together with PayStack
San Francisco-based Chipper Cash is expanding its cross-border payment services to Nigeria together with PayStack, the payment gateway company.
Federal Reserve to launch real-time payments service in summer 2023
The Federal Reserve has accelerated the timing of the launch of FedNow, its real-time payments service, to the summer of 2023. ?
Chipper Cash picks up $30m in raise backed by Jeff Bezos
Just a few months after its latest raise, Chipper Cash has now added another $30m to its coffers in a raise backed by Jeff Bezos' private VC fund Bezos Expeditions.
BitPersa brings total funding to $10m with latest Series A
Africa-based blockchain payments platform BitPersa has secured a Series A investment led by Greycroft.
Mox bolsters banking offering with new BNPL service
Hong Kong virtual bank Mox has introduced a new buy now, pay later (BNPL) solution that can split purchase payments over a 36-month period.