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Nigerian FinTech Unicorn Interswitch Raises $110M for Expansion

Nigerian FinTech Unicorn Interswitch Raises $110M for Expansion
Nigerian FinTech Unicorn Interswitch Raises $110M for Expansion
May 13, 2022  |  Investments

Interswitch, a Nigerian digital payments company that is Africa’s second unicorn, has raised $110 million to help it expand, according to multiple news reports. Get...

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Upstart, Billtrust, Bill.com Drag FinTech IPO Index to New Lows
Upstart, Billtrust, Bill.com Drag FinTech IPO Index to New Lows
May 13, 2022  |  IPO

In a week that saw two-thirds of its members falling 20% or more, the FinTech IPO Index fell to an all-time low, diving 27% for...

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Usage-Based Pricing Solves Billing Pains, Streamlines Payments for SaaS Firms
Usage-Based Pricing Solves Billing Pains, Streamlines Payments for SaaS Firms
May 13, 2022  |  Payments Innovation

The global market for Software-as-a-Service (SaaS) has exploded in recent years, with forecasts estimating that this segment will reach $716 billion by 2028. Get the...

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Legacy Payments Don’t Cut It With the Growing Freelance Workforce
Legacy Payments Don’t Cut It With the Growing Freelance Workforce
May 13, 2022  |  Technology

The freelance workforce is fast growing, helped by the pandemic and an increasing number of workers around the world who are embracing the upsides of...

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Ria Money Transfer, Swedish Telecom Rebtel Team on Cross-Border Payments
Ria Money Transfer, Swedish Telecom Rebtel Team on Cross-Border Payments
May 12, 2022  |  Partnerships

Ria Money Transfer, a cross-border money transfer firm, announced Thursday (May 12) that it is partnering with Rebtel, a calling service provider from Sweden. Get...

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Amdocs, Worldline Team Up to Expand Reach of Subscription Merchants
Amdocs, Worldline Team Up to Expand Reach of Subscription Merchants
May 12, 2022  |  Subscription Commerce

Software-as-a-Service platform Amdocs is expanding its work with payment services company Worldline to better serve its subscription merchants around the world, according to an Amdocs...

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African Cybersecurity and Anti-Fraud Firm Identitypass Raises $2.8M in Seed Funding
African Cybersecurity and Anti-Fraud Firm Identitypass Raises $2.8M in Seed Funding
May 12, 2022  |  Investments

Lagos-based cybersecurity and anti-fraud startup Identitypass has secured $2.8 million in seed funding that it will use to grow its suite of products and expand...

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Cazoo Expands Online Car Platform to Spain
Cazoo Expands Online Car Platform to Spain
May 12, 2022  |  Transportation

European online car retailer Cazoo expanded into Spain Thursday (May 12), allowing customers in that country to access a fleet of reconditioned vehicles, buy them...

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Today in FinTech: Italy to Germany; London to Brazil; Legacy Meets FinTech
Today in FinTech: Italy to Germany; London to Brazil; Legacy Meets FinTech
May 12, 2022  |  Fintech Investments

In today’s FinTech news, the Italian bank Nets is buying German point of sale firm orderbird, while London financial services firm Ebury signs a deal...

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