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.
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.
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.
Vend grabs $13m for retail-focused POS
Point of sale (POS) and retail management software provider Vend has picked up $13m in a Series D round.
Japanese payments app Kyash picks up $8.5m
Japanese payments and remittance startup Kyash has raised more than ¥1bn ($8.5m) in a Series A round.
Appetize scoops up $20m for venue POS systems
Appetize has raised more than $20m in a funding round led by private equity firm Shamrock Capital Advisors.
SupportPay pockets $4.1m to automated child support
Automated child support payments platform SupportPay has raised $4.1m in its Series A round. The funding was led by Fenway Summer Ventures.
Wyre grabs $5.8m for blockchain-powered remittances
Blockchain-based cross boarder payments service Wyre has picked up $5.8m in a Series A round of funding from a combination of Chinese and US investors.
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.
Dream Payments swipes $1.5m for mobile card reader
Mobile payments platform for businesses Dream Payments has picked up $1.5m in a new round of funding led by Connecticut Innovations (CI).