Monzo raises £19.5m in Series B funding round: More crowdfunding happening next week
A further £2.5m is expected to be raised from crowdfunding on Tuesday.
Alex Hammond is the managing editor of the digital finance portfolio of Contentive, which includes bobsguide, GTNews and PaymentEye. An avid journalist and editor, he writes industry analysis articles and conducts exclusive interviews with senior industry figures across all titles, in addition to commissioning all thought leadership content and representing the media brands at industry events.
Alex has a wealth of experience in B2B editorial, including covering the FX trading and financial spread betting industries. In his last role he was head of content at the gambling industry’s premier B2B publishing house. He graduated from the University of Bristol with an LLB in Law in 2009, away from the office his passions include playing golf and horseracing.
A further £2.5m is expected to be raised from crowdfunding on Tuesday.
Yet more Google technology is infiltrating the payments industry.
The new feature appears closer to being fully functional than previous rumours had suggested.
A Juniper Research report is predicting a 32% increase in mWallet payments in the next 12 months.
Google has changed its hands free payments approach after ditching voice recognition payments tech earlier this week.
PayPal is currently marginally second in alternative payments adoption rate, and Android Pay is set to be the biggest mover in the market.
The payments tech company has secured $44m in its latest Series B round of funding.
The Swedish unicorn is acquiring the profitable payments company for £60m.
The tech giant has struggled to scale its voice recognition payments app, and will now close the project on Feb 8.
The payment processor blamed the strong U.S Dollar for missing its target revenue of $2.79bn for three month period.
PAY.ON, an ACI Worldwide company, delivers white label global payment gateway solutions to payment service providers, ISOs, acquirers, ISVs, and VARs, enabling them to fully outsource payment transaction processing or integrate a gateway-to-gateway solution.
By Shari Krikorian, senior vice president, Mastercard