PayZen closes funding to bolster underwriting capabilities of its AI
PayZen, which is on a mission to help patients pay for hospital care in a more manageable way, has secured $15m in its Series A as it gears up its AI development.
FinTech unicorn Pine Labs raises more capital
FinTech unicorn Pine Labs has received a $50m investment from London-headquartered investment firm Vitruvian Partners.
UnionPay launches QR code payment in Europe through epay
Card payment network UnionPay has partnered with full-service payment provider epay to launch UnionPay’s QR code payment service in Europe.
Wix and Stripe partner to introduce Tap to Pay on Android
Wix, a global software-as-a-service (SaaS) platform has partnered with payment processing platform Stripe to introduce Tap to Pay on Android.
Payment solution Ezetap secures $16m in financing round
India mobile payment platform Ezetap has secured $16m in a financing round.
WeTravel completes $2m seed funding round
Payment platform for travel agencies WeTravel has completed a $2m Seed funding round.
Restaurant POS terminal TouchBistro nets CAD $72m Series D
TouchBistro, a restaurant POS terminal, has raised CAD $72m ($54m) in its Series D financing round.
Treez bags $11.5m in Series A led by Intrinsic
Treez, a POS software developer for the legal cannabis sector, has bagged $11.5m in its Series A round.
Mastercard agrees $300m cornerstone backing for IPO of PE-backed Network International
Mastercard has agreed to make a $300m cornerstone investment in the planned London IPO of private equity-backed payments processing business Network International.
Banks fear open-banking and tech titans as non-cash payments soar around the world
The world is in the midst of a cashless payment boom. However, many banks will not take the steps to embrace open banking and fear the looming threat of big tech companies’ competition.
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