Nigerian FinTech Tingo Announces $900M Merger With MICT
Nigerian FinTech Tingo Announces $900M Merger With MICT
May 13, 2022  |  Mena

Nigerian agri-FinTech company Tingo is set to merge with Nasdaq-listed financial services provider MICT in a deal expected to generate $900 million in yearly revenue...

READ MORE >
BlueTape Launches Pay-Over-Time Virtual Card for Contractors
BlueTape Launches Pay-Over-Time Virtual Card for Contractors
May 13, 2022  |  B2B Payments

BlueTape, which provides payments and financing offerings to the construction sector, has launched the BlueTape Virtual Card, giving contractors across the U.S. the ability to...

READ MORE >
Investment Firm Thoma Bravo Acquires FinTech Bottomline Technologies
Investment Firm Thoma Bravo Acquires FinTech Bottomline Technologies
May 13, 2022  |  Acquisitions

Software investment firm Thoma Bravo on Friday (May 13) announced the finalization of its acquisition of FinTech Bottomline Technologies for $2.6 billion in cash, almost...

READ MORE >
Changes in Open Banking, Fraud Key to Boost Digital Payments, Says UK Regulator
Changes in Open Banking, Fraud Key to Boost Digital Payments, Says UK Regulator
May 13, 2022  |  Regulation

The U.K. Payment System Regulator’s (PSR) panel issued recommendations on May 10 to eliminate barriers for consumers and merchants to access digital payments in the...

READ MORE >
Indian Food Delivery Service Swiggy to Buy ResTech Dineout
Indian Food Delivery Service Swiggy to Buy ResTech Dineout
May 13, 2022  |  Acquisitions

Food delivery service Swiggy said Friday (May 13) it’s set to acquire Dineout, the Indian dining and restaurant tech platform. Get the Full Story Complete...

READ MORE >
Token.io Raises $40M To Drive Push for Account-to-Account Payments
Token.io Raises $40M To Drive Push for Account-to-Account Payments
May 13, 2022  |  Payment Methods

Open banking payments platform Token.io raised $40 million in a Series C funding round that it will use to continue advancing the shift from traditional...

READ MORE >
The Data Point: 85% of Consumers Pay Credit Card Surcharges Without Issue
The Data Point: 85% of Consumers Pay Credit Card Surcharges Without Issue
May 13, 2022  |  Credit Cards

A source of controversy over the years, credit card surcharges are accepted as fair — and fairly set — by law, and by a surprising...

READ MORE >
AP Automation Tracker: Finance Leaders Say AP Operations Can’t Sustain Growth
AP Automation Tracker: Finance Leaders Say AP Operations Can’t Sustain Growth
May 13, 2022  |  Accounts Payable

Almost 4 out of every 5 finance leaders in the U.S. and U.K. believe their firms’ accounts payable (AP) operations can’t sustain continued growth, with...

READ MORE >
HealthTech Platform MEDZnMORE Secures $11.5M to Scale Drug Authentication
HealthTech Platform MEDZnMORE Secures $11.5M to Scale Drug Authentication
May 13, 2022  |  Investments

Pakistan-based HealthTech platform MEDZnMORE raised $11.5 million in a pre-series A funding round to boost better authenticate medications across the country, Magnitt reported. Get the...

READ MORE >