In today’s top payments news around the world, British FinTech GoCardless has landed $95 million in a Series F funding round, while Australian buy now, pay later (BNPL) firm Openpay has officially launched in the U.S. Plus, WeDoctor is said to be still getting ready for a large public offering (IPO) in Hong Kong.
GoCardless has landed $95 million in a Bain Capital Ventures-led Series F funding round. The British FinTech will harness the infusion to speed up the firm’s open banking roadmap, letting retailers transparently and expediently handle instant payments. In addition, GoCardless will grow into eCommerce and roll out bank-to-bank payments as a less costly alternative to cards.
Australian buy now, pay later (BNPL) company Openpay has officially rolled out in the United States. Openpay says it is geared toward “industries where it can make a real difference” such as the education, home improvement, auto and healthcare spaces. Openpay also works in the United Kingdom, New Zealand and Australia.
WeDoctor is still reportedly gearing up for a large initial public offering (IPO) in Hong Kong in the months to come even with the recent exit of its chief financial officer (CFO). The CFO has reportedly been offered an advisory position with Tencent Holdings, WeDoctor’s backer. WeDoctor’s listing surfaces as Chinese regulators reportedly clamp down on web firms. For this reason, WeDoctor will be divided into one entity that will IPO and another that will stay privately held.
Veem, the online payment solution provider, revealed central enhancements to its routing technology domestically and abroad. Transactions can now be sent through six rails such as cards, checks, treasury, SWIFT, digital wallet and blockchain. “Our multi-rail technology is a game changer, offering an unprecedented level of security, speed and service to small business owners,” Veem CEO Marwan Forzley said in a press release.