Payment service provider Mollie collects €90m in Series B round

FinTech Mollie has closed a €90m Series B funding round, taking the total amount raised by the company to €115m. Technology-focused growth equity investor TCV...

LendingUSA picks up $200m to keep expanding its business

Point-of-sale financing provider LendingUSA has closed a new credit facility and received a total financing package of up to $200m from Atalaya Capital Management.

Sezzle unveils new virtual card powered by Marqeta

Instalment payments platform Sezzle has released its virtual card for shoppers, enabling customers to pay using interest-free instalments both in-store and online.

Payment processing market to be worth $120.7bn by 2025

New research suggests that the value of the payment processing solution market is expected to grow from $74.4bn in 2020 to $120.7bn in 2025.

Zilch exits stealth on the back of $10m round and now plans to give...

London-based FinTech Zilch has raised $10m to fund the rollout of its buy now, pay later platform, aiming to compete with companies like Klarna and Afterpay.

SIA, Ferrotramviaria and Tecknè deal to enable contactless payments for Karol Wojtyla International Airport...

A new service from Ferrotramviaria and SIA and Tecknè will give travellers who use the rail service connecting Karol Wojtyla International Airport and Bari city centre the option to use contactless payment.

Mastercard announces new touchless shopping solutions

Payment giant Mastercard has inked deals with with Circle K, Delaware North, Dunkin’ and White Castle to enable more touchless shopping as the coronavirus pandemic makes in-person shopping more risky.

Railsbank to buy scandal-ridden Wirecard’s UK division

Following the collapse of the German FinTech giant Wirecard, UK rival Railsbank will reportedly buy the company's British division.

FPL Technologies said to raise $10m for its Series A round

India-based FPL Technologies has reportedly bagged $10m in its Series A funding round to support the wider distribution of its credit card.

Contactless payment market to be worth $100bn by 2026

Smartphone adoption and consumers warming up to it will push the contactless payment markets to be worth $100bn by 2026, according to a new report from Global Market Insights.

News Stories

POS lending solution Affirm closes $500m Series G

Affirm, a buy now and pay later solution, has closed its Series G round on $500m.

Solving the challenge of creating a customer-centric business model – Kidbrooke demo

A recent survey from PWC found that 61% of bankers believe customer-centric business models are very important, and yet only 17% of them are “very prepared” for it. Kidbrooke has released a new demo highlighting the problem in the market.

Over 60% of InsurTechs and insurers are keen to work with BigTech companies

Over 60% of InsurTechs and insurers are looking to collaborate with BigTechs, as they look to keep up with changing customer demands, a new report claims.

Good services is more important to policyholders than pricing

New research claims the key to driving long-term relationships in home insurance is less about pricing and more about great services and reputation.

TCARE closes $3m in round led by SixThirty Ventures

TCARE, which claims to be the only evidence-based, CMS 1115 approved and accredited family caregiver support platform, has netted $3m in funding.

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