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Ramp secures USD 150 million in Series D-2 round

News | Online & Mobile Banking | 19 Apr 2024

US-based spend management company Ramp has announced that it secured USD 150 million in a Series D-2 funding round in a bid to expand operations.

funding, spend management, investment, risk management, payments

Moniepoint cleared to acquire Kenyan fintech Kopo Kopo

News | Payments General | 23 Aug 2023

The competition ombudsman in Kenya has allowed Moniepoint to buy Kopo Kopo, a Kenya-based provider of payment services and credit to businesses.

acquisition, expansion, regulation, digital payments, mobile payments

Plastiq upgrades Plastiq Connect to offer B2B embedded finance

News | Online & Mobile Banking | 25 Oct 2022

US-based B2B payments platform Plastiq, which offers bill pay and instant working capital access to businesses, has announced expanded integration options to its embedded finance product. 

embedded finance, product upgrade, Open Finance

Plastiq announces Short-Term Financing for SMBs

News | Payments General | 16 Sep 2022

Plastiq, US-based B2B payments platform has announced that Plastiq Short-Term Financing will provide capital to Small and Mid-Sized Businesses (SMBs).

investment, payments , SMEs, SME lending, B2B payments

Truework receives USD 50 mln to redesign the credit system

News | Digital Identity, Security & Online Fraud | 11 Aug 2022

US-based income and employment verification startup fintech Truework has raised an additional USD 50 million in a Series C funding round, reaching a total of USD 95 million so far.

lending, SME lending, SMEs, financial data, data sharing, data protection, funding, crowdfunding

Insurtech Lula raises USD 18 mln investment

News | Online & Mobile Banking | 15 Jul 2021

US-based insurance infrastructure startup Lula has raised USD 18 million in a Series A round of funding, according to TechCrunch.

investment, insurance, startup

Smile Identity raises USD 7M to build KYC and identity verification tools for Africa

News | Digital Identity, Security & Online Fraud | 08 Jul 2021

US-based ID verification and KYC compliance provider Smile Identity has closed a USD 7 million Series A funding.

funding, KYC, identity verification, biometric authentication, digital identity

US-based True Link secures USD 35 mln for financial services

News | Payments General | 29 Jul 2020

Financial services startup True Link has closed a Series B of USD 35 million aimed at three typically marginalised markets — elderly, disabled people, and those who are recovering from addiction.

True Link, financial services, marginalised markets, startup, investment, Khosla Ventures, Centana Growth Partners, insurance, credit-based services, True Link Card for Vulnerable Elders, True Link Card for People in Recovery, True Link Card

Plastiq raises USD 27 mln to allow payment on credit

News | Payments General | 21 Nov 2018

US-based paytech Plastiq has raised USD 27 million in additional financing from Atlas Venture, Khosla Ventures, and Top Tier Capital Partners.

Plastiq, payment on credit, paytech, startup, credit card, small business market, payments

Personal financial platform Even secures USD 40 mln

News | Payments General | 23 Jul 2018

Even, a US-based personal finance platform, has secured USD 40 million through its latest round of funding.

Personal financial platform, Even, funding, US

Visa rolls out blockchain platform for cross-border B2B payments

News | Cryptocurrencies | 24 Oct 2016

Visa has rolled out a new platform for cross-border B2B payments called Visa B2B Connect based on blockchain technology.

Visa, blockchain, settlement, cross border payments, B2B payments, Visa B2B Connect, product launch, chain, US

Fundbox reveals 64 % of small businesses are affected by late payments

News | E-invoicing, SCF & E-procurement | 20 Nov 2015

Fundbox, a US-based small business solution provider, has released a report based on recent Fundbox data from over 20 million invoices on the companys platform.

Fundbox, invoice, payments , cash flow, B2B, US

Square goes public; aims to raise USD 275 mln

News | Mobile Payments | 19 Oct 2015

Mobile payments and financial services startup Square has filed to go public and aims to raise USD 275 million.

Square, IPO, mPOS, mobile payments, POS, US

Boku brings carrier billing to the coffee shop

News | Mobile Payments | 17 Sep 2015

Boku, a global provider of carrier billing-based mobile payments, has entered a partnership with Japan-based coffee chain Ueshima Coffee, part of the UCC Group, to bring carrier billing to its brick-and-mortar coffee shops across Japan.

Boku, carrier billing, coffee shop, mobile payments, Ueshima Coffee, brick-and-mortar, mobile phone

Visa, Capital One and Fiserv invest in blockchain startup

News | Cryptocurrencies | 10 Sep 2015

Blockchain technology startup Chain has raised USD 30 million in new venture funding, drawing funds from financial services companies including Capital One, Fiserv and Visa.

Bitcoin, online payments, digital payments, cryptocurrencies, blockchain, Visa, Capital One, Fiserv

Boku acquires mobileview Italy

News | Mobile Payments | 14 Aug 2015

Boku, a global provider of carrier billing-based mobile payments, has unveiled the acquisition of mobileview Italia, a provider of mobile payment solutions in Italy.

Boku, mobileview Italy, carrier billing, mobile payments, Italy, German, dtms

Boku, Optimal Payments team up for carrier billing on NETELLER

News | Mobile Payments | 20 May 2015

Boku, a global provider of carrier billing-based mobile payments, has unveiled that its technology will now be provided by Optimal Payments, a global online payment solutions provider.

Boku, Optimal Payments, carrier billing, NETELLER, online payment, mobile payments, mobile phone bill, e-money

Lending startup Affirm raises USD 275 mln in Series B fund

News | E-invoicing, SCF & E-procurement | 08 May 2015

Affirm, a US-based consumer lending startup, has raised USD 275 million in debt and equity to facilitate its growth plans.

Affirm, lending, startup, Series B, fund, debt, equity, consumer, US, credit card, alternative, loans, Jefferies, Andreessen Horowitz, Spark Capital Growth

Boku launches on Google Play in the Middle East

News | Mobile Payments | 05 May 2015

Boku, a global provider of carrier billing-based mobile payments, has entered a partnership to bring direct carrier billing to Google Play for Zain subscribers in Saudi Arabia.

Boku, Google Play, Middle East, carrier billing, mobile payments, Zain, subscribers, Saudi Arabia, billing platform, Zain KSA, mobile phone bill, games

Fundbox secures USD 40 mln Series B funding round

News | E-invoicing, SCF & E-procurement | 20 Mar 2015

Fundbox, a US-based small business solution provider, has raised USD 40 million in Series B financing led by General Catalyst Partners.

Fundbox, Series B, funding, round, General Catalyst Partners, small business, accounting, e-invoicing, payroll software