PayPal takes sole ownership of Chinese payment firm GoPay
US payment behemoth PayPal has reportedly taken 100% ownership of a Chinese payment company, becoming the first foreign payments operator…
UBS looks to buy $400m worth stake in Paytm
Swiss investment bank UBS is reportedly in talks to invest as much as $400m in Indian digital payments giant Paytm. The move is in light of the growing digital payments…
15 Jan 2021
Rapyd secures $300m Series D investment to support growth
British fintech-as-a-service (FaaS) platform Rapyd has raked in $300m in a Series D financing round to support its growth in the global payments industry. The funding round was led by…
15 Jan 2021
Grab raised $300m to expand growing financial services arm
Singaporean fintech Grab has raised over $300m in a Series A funding round to expand its growing financial services business. Hanwha Asset Management led the funding round, which included investment…
14 Jan 2021
Modern Treasury receives financial boost of $38m to support B2B payments
US-based payment operations software provider Modern Treasury has raked in $38m in a Series B funding round to enable faster B2B payments. The funding round was led by Altimeter Capital,…
13 Jan 2021
Relay Payments secures fresh investment to improve transportation payments
US-based digital payments startup for logistics or supply chain industry Relay Payments has secured $43m in funding to transform the transportation payments process. The firm raised the funds over the…
13 Jan 2021
Tech Mahindra to take over FIS unit Payments Technology Services
Indian IT services giant Tech Mahindra has inked a deal to acquire Payments Technology Services (PTSL), the captive subsidiary of American fintech FIS. Tech Mahindra said that it will purchase…
13 Jan 2021