Tag: payments
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finperks raises $4M pre-seed to build prepaid payments infrastructure
Berlin-based finperks has closed a $4 million pre-seed funding round led by Motive Partners and seed+speed Ventures. The company is developing API infrastructure for the global prepaid market, including gift cards, eCash, and prepaid cards, a sector projected to reach $4.24 trillion by 2035. Demand for digital rewards, cashback, and employee benefits continues to grow, read more
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Silverflow raises $40M Series B to expand cloud-native payments platform
Silverflow, a cloud-native payment processing company, has closed a $40 million Series B funding round led by Picus Capital, with participation from Rabo Investments and existing investors Inkef, Global PayTech Ventures, Crane Venture Partners, and Coatue. Founded in Amsterdam, Silverflow provides a cloud-native card payment processing platform designed to modernise payment infrastructure. Its platform offers read more
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Klarna launches peer-to-peer payments across Europe
Klarna is launching a service whichallows itscustomers to send money to each other through its app, as it continues its shift toreposition itself as a bank. The Swedish fintech, best known as a BNPL fintech, is launching instant peer-to-peer payments across 13 European countries, including the UK. The feature means that Klarna customers can send read more
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Klearly secures €12M for restaurant payments system
Amsterdam-based Klearly, a payments platform for restaurants, bars, and clubs, has raised €12 million in Series A funding, bringing its total capital raised to €20 million. The round was led by PayPal Ventures, with participation from Italian Founders Fund and existing investors including Global PayTech Ventures, Antler Elevate, and Shapers. Although the payments market is read more
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Zilch bags payments licence
Zilch, the UK BNPL fintech, has received a licence which it says willremove its reliance on third parties and allow it to build more payment methods in-house. Zilch, which is backed by Goldman Sachs and eBay, also said it had strengthened its ties with Visa, which earlier this year replaced Mastercard as Zilch’s card network read more
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Mondu secures €100M debt facility and partnership from J.P. Morgan Payments
Berlin-based Mondu, a provider of B2B payment solutions, has secured a €100 million debt facility from J.P. Morgan Payments to scale its offering and support its expansion across Europe. Founded in 2021 by Malte Huffmann, Philipp Povel, and Gil Danziger, Mondu provides B2B payment solutions designed to simplify business transactions across Europe. With a focus read more
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