Dwolla swipes $6.85m for bank transfers API

Bank transfers software platform Dwolla has raised $6.85m in a new funding to coincide with the relaunch of its white-label API.

Turkish payments service provider iyzico nabs $13m

Turkish online payments processor iyzico has raised $13m in a Series C round led by Vostok Emerging Finance. Existing backers IFC and local investor 212 also participated.

Daimler acquires PayCash Europe to launch Mercedes pay

Daimler Financial Services is acquiring electronic payments provider PayCash Europe. The terms of the deal are undisclosed.

Transfast lands $40m credit facility from Comvest Partners

Cross-border payment provider Transfast has picked up a $40m credit facility from investment firm Comvest Partners.

SatoshiPay grabs £700,000 for bitcoin micropayments

Bitcoin-based nanopayments solution SatoshiPay has raised £700,000 in a new round led by Blue Star Capital.

Swedish mobile POS iZettle picks up another €60m

Swedish mobile point-of-sale (POS) payments firm iZettle has raised another €60m in a round made up of debt and equity from existing backers.

Kalixa Payments bought for £30m by Singapore investor

GVC Holding is selling Kalixa Payments Group and its subsidiaries to privately held payments operator and investment firm Senjō Group for $30m.

Ex-Google payments head joins Wells Fargo’s Innovation Group

Peggy Mangot, who used to head up Google’s partnership management, payments & commerce division, has joined Wells Fargo’s innovation group.

Payfone picks up $23.5m for mobile verification

Mobile identify authentication startup Payfone has raised $23.5m in a Series E round of funding led by BlueCross BlueShield Venture Partner.

Payspan lands backing from private equity firm Primus

Healthcare payments automation and reimbursement company Payspan has secured a new investment from private equity firm Primus Capital.
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