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Payments & Remittances

Digital X picks up $1.2m and signs deal for blockchain remittances

Australian blockchain-based software developer Digital X has raised AUS$1.62m ($1.2m) in post-IPO equity and inked a new deal with remittances company UniTeller.

Stripe valued at $9bn following new $150m round

Payments processor Stripe has raised $150m in a Series D round of funding led by General Catalyst and CapitalG. The round makes it the US' most-valuable FinTech startup.

French startup Wynd swipes €30m for POS solution

French point-of-sale (POS) startup Wynd has picked up €30m in a Series B round of funding. The capital comes from Sodexo Ventures, Orange Digital Ventures and Bpifrance.

PayU brings on former PayPal senior director as CCO

Payment services provider PayU is bringing on former PayPal senior director Matthias Setzer as global chief commercial officer. He joins the firm having spent 12 years at PayPal.

Klarna picks up team and tech of bankrupt Cookies

Swedish payments processor Klarna is acquiring the technology and team behind bankrupt peer-to-peer payments app Cookies. No price is disclosed on the deal.

PayKey unlocks $6m to bring P2P payments to messaging

Peer-to-peer payments service PayKey has raised $6m in a Series A round of funding co-led by e.ventures and Gaby Salem of Wharton Asset Management.

WeSwap picks up £3.4m in crowdfunding campaign

Currency exchange platform WeSwap has picked up £2.4m in an equity crowdfunding round on Seedrs.

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.

Toast snaps up $1.5m for South-East Asian remittances app

Singapore-based remittances startup Toast has picked up $1.5m in a pre-Series A round led by Aetius Capital. The round also saw contribution from US VC 1776 and financial services firm Pepper Group.

CurrencyFair picks up €8m for P2P currency exchange

Peer-to-peer currency exchange marketplace CurrencyFair has closed €8m in a new round of funding. The capital comes from existing backers Octopus Ventures and Frontline Ventures.

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