Payments News

On The Web

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Companies

Amazon in Talks to Buy $2 Billion Stake in Indian Telco Bharti Airtel

“Amazon.com is in early-stage talks to buy a stake worth at least $2 billion in Indian mobile operator Bharti Airtel, three people with knowledge of the discussions told Reuters, in a move that could turbocharge India’s digital economy. The planned investment, if completed, would mean Amazon acquiring a roughly 5% stake based on the current […]
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Deals

African payment startup Chipper Cash raises $13.8M Series A

“African cross-border fintech startup Chipper Cash has closed a $13.8 million Series A funding round led by Deciens Capital and plans to hire 30 new staff globally. The raise caps an event filled run for the San Francisco based payments company, founded two years ago by Ugandan Ham Serunjogi and Ghanaian Maijid Moujaled.“
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Deals

TransferGo raises $10M additional funding, launches in 11 new markets

“TransferGo , the London-based international money transfer service, has raised another $10 million in funding, as it discloses that its customers numbers has surpassed two million. The round was co-led by Seventure, and Vostok Emerging finance, with follow-on funding from Hard Yaka, Revo Capital, and Bootstrap Europe. The startup is also announcing it has launched […]
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Deals

Codat raises $10 million to aggregate all financial data from small businesses

“Codat is building an API that connects with all the systems that hold all the relevant financial data. That type of information is usually spread across multiple systems, and small businesses often use different systems. On the other side, banks, insurance companies and more can speed up their internal processes and give you an educated […]
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On The Wires

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Deals

Chargeback Raises an Additional $6.6 Million

“Chargeback, the pioneer in real-time dispute management for merchants, announced today it has completed a $6.6 million Series A1 funding enabling the company to accelerate its capacity to help merchants decrease disputes, achieve higher win rates, optimize acceptance rates, and retain more revenue. The round was led by FINTOP Capital and Next Frontier Capital with […]
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Deals

Colombian Point of Sale Financing Platform ADDI Raises $15 Million Series A Extension

“ADDI, a Bogota-based provider of point of sale (POS) financing solutions for Latin America, today announced the close of an equity financing of $15 million. The round was led by Quona Capital, a venture firm focused on fintech in emerging markets, alongside existing investors Andreessen Horowitz and Monashees, and new investors S7 Ventures, Foundation Capital […]
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Deals

MUFG Innovation Partners Completes Investment in Point of Sale Financing Platform Leader ChargeAfter and Announces Strategic Partnership to Expand Global POS Usage

“ChargeAfter, the leading Multi-lender Point of Sale Financing platform, and MUFG Innovation Partners Co., Ltd. (MUIP), a corporate venture capital fund and a wholly owned subsidiary of MUFG, the leading global financial group of Japan, announced a strategic investment and partnership to equip global eCommerce and brick-and-mortar retailers with the tools they need to approve […]