Payments News

On The Web

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Deals

Indonesia’s Gojek Reportedly Lands $1.2B For Expansion

“Ride-hailing startup Gojek raised $1.2 billion, bringing total funding for its Series F round to nearly $3 billion, according to a new report from Bloomberg.  The company, which is based in Indonesia, provides a wide range of services, from rides to payments to food delivery. Gojek’s investors include Google , Tencent Holdings and Visa . […]
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Deals

Why This Neobank Founded by a Former PayPal CEO Is Targeting the Nuclear Family

“One, a San Francisco-based banking startup whose target market includes the nuclear family, raised $17 million in Series A funding and launched in private beta Tuesday. The company, which has raised $26 million in total funding from the likes of Foundation Capital, Core Innovation Capital, and Obvious Ventures, is the brainchild of former Intuit CEO […]
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Deals

Business banking fintech Penta raises another €18.5M

“Penta , the Berlin-based business banking challenger that also now operates in Italy, has raised €18.5 million, described as the first closing of a new funding round. Leading the round is new investor RTP Global and existing investor HV Holtzbrinck Ventures. Also participating is ABN AMRO Ventures and Berliner Volksbank Ventures, and Finleap (the fintech company […]
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Deals

Bakkt Raises $300M Series B From Microsoft, Pantera

“Crypto derivatives provider Bakkt closed a $300 million Series B fundraising round and shared additional details about its upcoming mobile application in a blog post Monday. According to the post, authored by CEO Mike Blandina, Microsoft’s M12, PayU, Boston Consulting Group, Goldfinch Partners, CMT Digital, Pantera Capital and Bakkt parent firm Intercontinental Exchange (ICE) all […]
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Deals

Global Savings Group acquires French cashback company iGraal for €123.5M

“Specifically, the deal was reached with iGraal’s majority owner M6 Group and consists of €35 million in cash; the remaining is made up of an exchange of shares. The acquisition is said to be one of the largest in the cashback and loyalty space in recent years, with iGraal considered the leading digital cashback player […]
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On The Wires

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Deals

Fiserv to Enhance Omni-commerce Experience With Acquisition of Bypass Mobile

“Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, today announced the acquisition of Bypass Mobile (“Bypass”), an independent software vendor (ISV) and leading innovator in enterprise point-of-sale systems. The acquisition of Bypass will help power the next generation of omni-commerce capabilities from Fiserv, enabling enterprise businesses to deliver […]
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Deals

Fast Announces $20 Million Series A Funding Led by Stripe to Launch Universal One-Click Checkout

“Fast, the world’s fastest online login and checkout experience, today announced a $20 million Series A funding round led by Stripe, with additional participation from existing investors Index Ventures and Susa Ventures. Fast will use the investment to accelerate the global rollout of Fast Checkout, its universal one-click purchase product for e-commerce, and to further […]