Italy’s Satispay attains unicorn status after €320m Series D funding round
Italian payments startup Satispay has joined the unicorn club after raising €320m in a Series D funding round. US-based investment…
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Spanish payments company SeQura secures €150m backing from Citi
Spanish payments services provider SeQura has signed an asset-backed agreement with Citi for senior financing of up to €150m. The latest deal brings SeQura’s…
Worldline to manage instant payments, clearing and settlement for DFM
DFM, a Dutch financing services provider for enterprises in the mobility space, has selected Worldline to handle its instant payments,…
BNPL outfit Klarna mulls further layoffs after plunge in valuation
Klarna Bank, a Sweden-based buy now, pay later (BNPL) provider, is looking to further shrink its workforce as it overhauls…
Russia greenlights use of crypto for cross-border settlements
The Bank of Russia and the nation’s Ministry of Finance have approved the use of cryptocurrencies for cross-border settlements, stated…
Paysafe offers payment gateway to Spreedly’s international merchants
British payments company Paysafe has forged an alliance with Spreedly, a payments orchestration platform, to help merchants with their international…
Sabadell to shortlist bidders for payments arm in October
Sabadell, a Spanish bank, has received non-binding offers from several bidders for the acquisition of its payments arm, reported Reuters…
ECB chooses five firms to develop user interfaces for digital euro
The European Central Bank (ECB) is set to partner with five companies that will design potential user interfaces for the…