Worldline concludes Eurobank Merchant Acquiring deal
French payment firm Worldline has completed a previously announced acquisition of 80% stake in Eurobank Merchant Acquiring (EBMA) in line…
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Zilch raises additional $50m to drive business growth
London-based buy-now-pay-later (BNPL) outfit Zilch has raised an additional $50m in funding, taking its total raise for its Series C…
iBanFirst acquires currency exchange outfit Cornhill
Belgium-headquartered iBanFirst has acquired London-based currency exchange outfit Cornhill to strengthen its position in the business-to-business (B2B) payments space. The…
Funding Societies to buy Singapore-based CardUp
Singapore-based fintech lender Funding Societies has reached an agreement to buy local payments company CardUp for an undisclosed sum. As…
CloudWalk rakes in $150m; to launch blockchain platform
Brazilian SMB-focused payments firm CloudWalk is set to roll out its own blockchain system for documenting cryptocurrency transactions and operations.…
Raisin Bank acquires Bankhaus August Lenz’s payment division
Frankfurt-based Banking-as-a-Service (BaaS) provider Raisin Bank is expanding into the payment business with the acquisition of Bankhaus August Lenz &…
UK payment firm SumUp rakes in €590m at €8bn valuation
London-based payment service provider SumUp has secured €590m in a debt and equity funding round that values the firm at…
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Alhokair Family buys minority stake in BNPL platform valU
EFG Hermes’ subsidiary valU, a buy-now, pay-later (BNPL) platform in the MENA region, has agreed to divest a 4.99% interest…