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.
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.
Mobile payments and services startup instantPay picks up $5m
Indian mobile payments and financial services startup instantPay has raised about $5m in a pre-Series A round of funding. The capital comes from RB Investments and Kaleden Holdings.
Standard Banks takes over mobile payments player Firepay
South African financial services giant Standard Bank has taken a majority stake in regional mobile payments player Firepay.
FlexM picks up $886k for financially inclusive digital wallet
Mobile wallet targeted at the underbanked FlexM has raised $886,000 in a seed round of funding from mobile payments platform MatchMove.
Apple Pay grows 500% year on year thanks to global expansion
Apple’s Q3 2016 results may be overshadowed by its third straight quarter of declining revenue but Apple Pay registered strong growth over the period.
Ride-hailing player Go-Jek scoops up PonselPay
Indonesian ride-hailing service Go-Jek is buying regional payments startup MVCommerce the company behind mobile payments service PonselPay.
Alipay partners with Zapper for UK payments
Chinese mobile payments service Alipay is partnering with UK consumer insights and marketing platform Zapper.
Payzer locks in $4.25m for workers finance tools
Mobile finance tool for workers in the field Payzer has raised $4.25m in a Series B round of equity capital.
PE fund backs Kenyan payments firm DPO Group
East African payments processor Direct Pay Online Group (DPO Group) has received an investment from Apis Partners.
