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SumUp raises $624M at $8.5B valuation, with its payments and business tech now used by 4M SMBs

A decade ago, SumUp was one of the army of fintechs that made names for themselves with dongles that turned basic smartphones into card payment...

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PayPal expands its ‘pay later’ options with a more flexible ‘PayPal Pay Monthly’ service

After Apple shook up the Buy Now, Pay Later market with news that it would now be a competitor to established firms, PayPal this morning is...

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Payrails emerges from stealth with $6.4M led by a16z to build the OS for payments

Payments — taking and and paying out money — remains a fragmented and complex area for merchants, marketplaces and others that do...

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Cococart sweetens the process for e-commerce companies to take orders immediately

Cococart's tools enable merchants to set up an online store in minutes with no code, no design and no app downloads.

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South African payments gateway Ozow raises $48M Series B led by Tencent

According to a 2019 report by Deloitte, about 80% of South Africans have a bank account but only 24% of them make more than three transactions...

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PideDirecto bags $5.25M; aims to be ‘Shopify with 30-minute deliveries’

Since its launch a year ago, the company has grown 32% month over month, has approximately 1,000 brand clients and processed over 500,000 orders.

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Indonesian payments infra startup Xendit raises $64.6M in Accel-led Series B

Fueled by the COVID-19 pandemic, digital transformation is happening all over the world. And Southeast Asia is no exception. Indonesia’s Xendit, a...

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WhenThen’s no-code payments platform attracts $6M from European VCs Stride and Cavalry

The payments space — amazingly — remains up for grabs for startups. Yes, dear reader, despite the success of Stripe, there seems to be a...

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