Payments
Airwallex Raises US$330 Million Series G Funding
Airwallex, a Singapore payments company, has raised $330m in Series G funding at an $8bn valuation, reflecting rapid scale in revenue, transaction volume, and multi-product
PayRange to Acquire KioSoft, Accelerating the Digital Transformation of Unattended Retail
PayRange, the category-defining commerce platform for unattended retail, today announced the acquisition of KioSoft Technologies, a global provider of cashless payment and IoT solutions. To
Flatpay Joins Unicorn Club After Raising $170M
Flatpay, Danish SME-focused paytech, has reached unicorn status at a $1.7B valuation after raising a $170M Series C to fuel expansion across Europe and potentially
Ramp Hits $32Bn Valuation on Latest Raise
Ramp, an expense management startup, has raised $300 million in new primary funding plus an employee tender offer, doubling its valuation to $32 billion just
Alibaba Taps JPMorgan To Build Stablecoin-Like Payments System for Its $35B Commerce Network
Alibaba is developing a tokenized global payments network, functionally similar to a stablecoin system, using JPMorgan’s tokenization technology to simplify cross-border B2B transactions across its
Japan’s NEC Pays $2.9B For CSG Systems International
NEC Corporation, a Japanese multinational information technology corporation, has agreed to acquire CSG Systems International for JPY 438.5 billion (≈$2.9 billion), paying $80.70 per share