German –based payments service provider is expanding its business operations across the Netherlands. The decision follows the company’s successful round of investment last month.
The company secured EUR10m from investment companies Rocket Internet, Holtzbrinck Ventures and RI Digital. It has decided to use the capital to invest in its strategic pan-European expansion.
Paymill currently operates in 34 countries across Europe and other regions. The service includes providing of payment methods and payment processing in the background.
Barclays has signed contracts with six of the fintech startups that just graduated from its second New York accelerator programme.
Company card killer Pleo has raised $3m in new funding as it prepares for public launch in the UK and Denmark.
Cheques are become less and less common in the UK according to new research from global market research firm Mintel which claims contactless card use has overtaken cheque payments in the UK for the first time.
Payments for digital and physical goods made mobile operating system-based payments platforms like Apple Pay and Android Pay are expected to boom in the next few years according to new analysis from Juniper.