Rio Ferdinand-backed Sokin unveils subscription payments platform in UK, Europe
London-based PayTech firm Sokin has introduced the first subscription-based global payments solution in the UK and European markets.
Planet launches integrated digital payments service across Europe
Irish payments company Planet has introduced an integrated digital payments service for multinational companies across Europe.
Klarna-backer QED Investors leads $20m round in Payhawk
Bulgarian expense management startup Payhawk raised a $20m funding round led by QED Investors with Earlybird Digital East also participating.
MoneyGram saw the number of transactions skyrocket in the first quarter of 2020
Global money transfer company MoneyGram saw the number of transactions being made through its platform grow by 60% year-over-year through February.
Bank of Indonesia unveils new retail payments system
The Bank of Indonesia has launched a new retail payments system to help cut the cost of money transfers and support the growth of the digital economy.
PayEm continues strong 2021 with $27m funding raise
Global spend and procurement platform PayEm has pulled in $27m in funding over two rounds following a strong fiscal 2021.
Emerging markets set to lead mobile wallet uptake by 2025
A global study by Boku has found that emerging markets in Latin America and Africa and the Middle East are set to see the largest uptake in mobile wallets by 2025.
PayTech Papaya squeezes $50m from Series B to continue expansion
Mobile bill payment application Papaya has raised $50m from a Series B funding round headed by Bessemer Venture Partners.
Santander initiates cash management app roll-out in the UK
Santander has started the roll-out of its CashFlow Manager app for businesses in the UK market.
Y Combinator-backed Afriex bags $1.2m in a seed round
FinTech firm Afriex secured a $1.2m in a seed funding round with an aim to scale its payments and remittances platform across Africa.
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