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Payments & Remittances

Tipalti lands $14m for mass B2B payments

Automated B2B payments provider Tipalti has raised $14m in a new round of funding led by SGVC.

Stripe schmoozes developers by chugging down Tonic

Payments provider Stripe is broadening its appeal to developers with the acquisition of node prototyping service Tonic. The financial terms of the deal are undisclosed but Tonic is rebranding to Runkit.

Ant Financial ups its biometrics game with $70m EyeVerify buy

Alibaba’s FinTech subsidiary Ant Financial is boosting its biometric capabilities through the acquisition of Kansas City-based EyeVerify.

Klarna inks major deal with UK retailer Arcadia

Swedish payments startup Klarna is inking a deal with UK retail conglomerate Arcadia to bring a “buy now pay later” offering to its e-commerce channels.

Fusebill nabs $6m for SME billing platform

Ontario-based Fusebill has raised $6m in a Series A round of funding. The capital for the SME subscription billing platform comes from individual backers.

Blackhawk Networks picks up Grass Roots for $118m

Blackhawk Networks, a prepaid payments company, has acquired employee and customer engagement platform Grass Roots for $118m.

TransferWise enters Asian market with Japanese launch

London-based remittances startup TransferWise is entering the Asian market and launching in Japan. It follows news that the company saw its revenues triple last year but increased it losses.

Afrimarket lands $11m for cash-to-goods remittances

Afrimarket, a cash-to-goods money transfer service focused on French-speaking Africa has raised €10m ($11m) from UK-based Global Innovation Fund and PROPARCO.

iZettle buys Scottish POS startup to beef up SME offering

Swedish mobile payments player iZettle is acquiring Scottish point of sale startup (POS) intelligentpos in a move that will expand its software offering to SMEs.

PayPal heads to the checkout with MasterCard deal

PayPal and MasterCard are expanding their partnerships to the checkout by increase PayPal's footprint at the point of sale through contactless payments.

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