Paya acquires VelocIT Business Solutions
Paya Holdings, an integrated payments and commerce solution provider, has announced the acquisition of VelocIT Business Solutions, for undisclosed amount. Set up in 2018 with its base in Clarkson, Western…
Deals
Minsait Payments acquires Ecuadorean payment operator Credimatic
Minsait Payments, an Indra company, has bought Credimatic, a payment operator in Ecuador for undisclosed…
Venture financing deals increased significantly in the payment industry in H2 2021
In the second half of 2021 venture financing deals increased significantly by 77.5% from the same period in 2020. This…
Checkout.com raises $1bn through Series D funding round
UK-based payments firm Checkout.com has raised $1bn through a Series D funding round, taking its valuation to $40bn. Dragoneer, GIC,…
QIWI announces acquisition of Taxiaggregator SaaS platform
QIWI Technologies, a subsidiary of payments provider QIWI, has announced the acquisition Taxiaggregator SaaS platform for an undisclosed amount. Taxiaggregator…
Payments services firm VeriCheck acquires ACHWorks to expand offerings
Payments services and financial technology firm VeriCheck (VCI) has acquired Automated Clearing House (ACH) payment services provider Applied Payments, which…
India’s digital payments startup Rupifi secures $25m capital boost
India-based business-to-business (B2B) transactions and payments startup Rupifi has raised $25m in a financing round to expand its offering in the existing as well as new markets. The series A…
AFG enters Philippines with acquisition of JazzyPay
ASEAN Fintech Group (AFG), a Singapore-based fintech firm, has acquired Philippines-based digital payments provider JazzyPay for $1.8m. JazzyPay enables businesses of different sizes and types to accept cashless payments by…
MoneyGram picks minority stake in US cryptocurrency exchange Coinme
MoneyGram International has obtained a 4% ownership stake in Coinme as part of a strategic minority investment in the US-based cryptocurrency cash exchange. The investment, whose size was not disclosed,…
CellPoint Digital raises $25m to boost expansion
CellPoint Digital, which specialises in digital commerce and payment solutions, has raised $25m in an equity financing round from Toscafund and its private equity arm, Penta Capital. Toscafund and Penta…
Australia’s Latitude makes $242m bid for Humm’s BNPL business
Australian digital payments and lending firm Latitude has announced its intention to buy Humm’s consumer business, consisting of buy-now-pay-later (BNPL), instalments, and cards, for $241.8m (A$335m). The proposed deal amount…
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