US credit card disruptor Petal closes debt facility of over $125m
American credit card startup Petal has closed a debt facility of over $125m to expand its credit card programme. Silicon…
Card Dynamics receives new funds to drive growth
Card Dynamics, a B2B fintech focused on the subscription economy, has received €2.5m funding led by Big Sur Ventures. Big Sur was joined by US-based investment manager GAA as well…
NMI swoops on payment solutions company USAePay
Payments enablement technology company NMI has snapped up Glendale, California-based payment solutions provider USAePay. Financial terms of the transaction were not revealed. NMI will retain the Glendale office of the…
Givex acquires Switzerland-based Pi Cash Systeme
Givex, a cloud-based customer engagement solution provider, has announced the acquisition of Pi Cash Systeme, a Switzerland-based provider of point of sale systems, automatic coin changers and badge loading terminals.…
Pakistan’s Safepay lands ‘seven-figure investment’ from Stripe
Pakistan-based fintech firm Safepay has said that it has secured a seven-figure investment from financial technology company Stripe and other local and international investors. Founded in 2019 by Ziyad Parekh…
Ramp lands $150m debt financing from Goldman Sachs
US-based corporate card company Ramp has secured a $150m debt facility with investment bank Goldman Sachs. The credit line, provided by Goldman Sachs Bank USA, will be used by the…
PayPoint bolsters MultiPay digital payments portfolio with new acquisition
PayPoint has signed an agreement to acquire RSM 2000 in a bid to bolster its MultiPay digital payments portfolio. Founded in 1999, RSM 2000 is an UK-based electronic payment service…