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Global Processing Services (better known simply as ‘GPS’), the UK-based payment technology platform powering neobanks like Revolut, Curve, Starling Bank and Zilch, has bagged more than  $300 million in a funding round from Advent International and Viking, who will henceforth “co-control” the company. GPS’ API-first, cloud-based payment platform enables
At just eight months old, Parisian restaurant payment solution sunday has raised $100 million in a Series A round. Tapping into the pandemic-induced shift in the way we operate with, and pay for, restaurant services, sunday allows customers the ability to settling the tab in less than 10 seconds.
London/Istanbul-based fintech infrastructure provider Integrated Finance has raised £2 million in a seed funding round. The platform offers fintechs an API solution that is set to dramatically reduce the time spent on connecting to other financial partners. The funding is expected to further develop the platform as well as
London-based Sikoia has raised $2.3 million in a pre-seed round. Surveying the increasingly fragmented and often confusing fintech service provider landscape, Sikoia’s mission is to help companies make better use of the data already available to them. By unifying third-party data and APIs and combining automated workflows with a
Just a week after acquiring US-based SafetyPay, London’s Paysafe has entered an agreement to acquire viafintech. According to the Berlin-based startup, they offer the largest, bank-independent, payments infrastructure in the DACH region. A figure was not disclosed, however, the deal is reported to be an all-cash transaction. Founded in
Meeting the global demand for digital payments infrastructure, Rapyd has raised $300 million in a new funding round. The company is planning to further invest in its product offerings, as well as target growth opportunities through a series of acquisitions. Including this round, Rapyd has raised approximately $770 million.
Cross-border payments infrastructure provider Currencycloud is being acquired by Visa in a deal that values the company at £700 million. The acquisition arrives just one month after Visa snapped up Swedish fintech Tink in a €1.8 billion deal. Currencycloud and Visa already have a standing partnership, and the acquisition