soCash takes $600,000 to replace ATMs
Singapore-based soCash has raised $600,000 to let users get cash from shops rather than ATMS. The investment comes from angel backers in the banking and tech industries.
Emergent Payments scores $5m to reach more merchants
Emergent Payments has raised $5m in an equity funding round from Responsible Gold Holding as well as existing backers.
OOjiBO pockets $3.6m to expand financial inclusion efforts
Financial inclusion-focused payments startup OOjiBO has raised $3.6m in a Pre-Series A round led by Centurion Private Equity.
Perpule closes seed funding for queue-jumping payments
In-store payments app Perpule has secured $650,000 in Seed funding led by Kstart – a sister company of VC Kalaari Capital.
Lystable takes $10m to focus on freelancer payments
Freelancer management platform Lystable has raised a further $10m in funding to focus on payments. The funding is an extension of the $11m round it raised in June 2016.
Dosh pockets $2m for automated cashback app
Automated cashback app Dosh has pocketed $2m in a Seed funding round as it prepares to launch in private beta mode.
Airpay picks up $3.6m for enterprise payments
Enterprise payments service Airpay has picked up $3.6m as part of its Series A. Kalaari Capital led the round for the Mumbai-based company.
Snapdeal pumps $20m in payments arm FreeCharge
The Mumbai-based payments service was acquired by the e-commerce giant in April 2015 for $400m and competes with in the region with Alibaba-backed Paytm.
Bill payments processor Noventis seals $4m debt deal
Bill payments firm Noventis has secured $4m in debt financing from Silicon Valley Bank to fuel growth of its processing platform. The Houston-based company serves more than 5,000 originators
Euronet makes $1bn bid to take MoneyGram from Ant Financial
A bidding war seems on the cards over remittances service MoneyGram as Kansas-based electronic payments firm Euronet Worldwide attempts to swoop in on Ant Financial’s $880m acquisition.