Sift swipes $1.5m to unlock hidden credit card benefits
Credit card benefits and reimbursement startup Sift has raised $1.5m in a seed round from Liquid 2 Ventures and Plug and Play.
JP Morgan Chase buys tech behind failed CurrentC
JP Morgan Chase is ramping up its mobile payments offering through the acquisition of MCX’s payments technology.
PayPal backs South Korean P2P app maker Viva Republic
Viva Republic has picked up $48m in Series C round that saw participation from PayPal. Viva Republic is the parent company of South Korean peer-to-peer payments app Toss.
Payments-as-a-service provider Dream Payments nabs $10m
Cloud payments service Dream Payments has raised $10m in a Series A round led by FairVentures - the innovation investing arm of Fairfax Financial Holdings.
GV backs cross-border payments service Currencycloud
Cross-border payments technology platform Currencycloud has picked up £20m from Alphabet’s venture arm GV (formerly Google Ventures).
Align Commerce rebrands to Veem, closes $24m
Blockchain-based cross-border payments service provider Align Commerce has picked up $24m and rebranded to Veem. National Australia Bank (NAB) Ventures led the Series B round.
MYOB picks up Paycorp to expand payments power
Accounting software provider MYOB is expanding its payments capabilities with the acquisition of Paycorp for A$48m ($36m).
Ant Financial expands reach with $200m investment in Kakao Pay
Ant Financial continues to expand its reach outside of China with a $200m investment in South Korean mobile giant Kakao’s finance subsidiary Kakao Pay.
Ant Financial backs Philippines FinTech player Mynt
Chinese fintech giant Ant financial is making moves in the Philippines with an investment in Mynt. The size of the deal is undisclosed.
Jakarta-based POS MOKA lands $2m in Mandiri-led round
Jakarta-based point-of-sale (POS) startup MOKA has raised $2m in a new round of funding led by Mandiri Capital.