Tag: payments

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Bank of England forms CBDC Academic Advisory Group for proposed digital pound

The Bank of England and HM Treasury have established the CBDC Academic Advisory Group (AGG) to create a comprehensive architecture for the digital pound,...

Indian fintech start-up Credgenics secures $50m Series B funding

Debt collection SaaS platform Credgenics secures $50 million in Series B funding led by Westbridge Capital, expanding its innovative debt resolution solutions across markets. Facts...

ConnexPay appoints former PayPal exec George Hansen as chief revenue officer

US-based paytech ConnexPay appoints George Hansen as Chief Revenue Officer (CRO) to lead revenue growth and support modernized payments. FactsGeorge Hansen, with over 20...

SumUp secures $100m credit facility to expand merchant cash advance product

SME-focused fintech SumUp obtains a $100 million credit facility from Victory Park Capital to expand its merchant cash advance product, SumUp Cash Advance, enabling...

US fintech Block set to close European payments app Verse

San Francisco-based payments company Block is closing some of its European business operations, including its peer-to-peer payment app Verse and its buy now, pay...

Payabl. secures EMI licence in the UK

European paytech firm payabl. has obtained a UK electronic money institution (EMI) licence, enabling expansion of its services and merchant portfolio. FactsPayabl. has acquired...