Scalapay Raises $48M to Give Merchants a Single Payment Solution

Scalapay, a third-party payment solution that enables customers to buy now and pay later (BNPL) without interest, today announced that it has raised a $48M US ($40M Euros) seed round led by Fasanara Capital that also included Baleen Capital, and Italian Family Office Ithaca Investments. Scalapay breaks up payments into three easy installments with zero interest, helping merchants grow sales, acquire new customers, and provide a better experience to existing customers. “Scalapay recently signed a partnership with Raisin Bank,...

myPOS Releases a High-class Android Payment Terminal

As the demand for more advanced payment devices grows, European fintech provider myPOS (www.mypos.com) introduces yet another payment innovation – the new myPOS Carbon, which combines the intelligent Android OS with shock, dust and water resistance. Traditional POS terminals with keys are gradually being replaced by Android-run card payment devices. While the latter provide a better payment experience for businesses and customers, at the same time they have a higher cost and are too vulnerable...

Mogo Acquires Digital Payments Company Carta Worldwide

Transformational deal combines leading Canadian fintech with over 1 million members with next-gen payments technology platform that processed over $5.0 billion in transaction volume in 2020 Adds B2B payments platform addressing the $2.5 trillion global payments market1 Christopher Payne joins Mogo’s Board of Directors Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company empowering the next generation of consumers, today announced the closing of its acquisition of Carta Solutions Holding...

Splitit to Enable Monthly Payment Solutions Across THG

Splitit Payments Ltd (ASX:SPT), a leading global monthly instalment payment solution, today announced it has partnered with THG plc (THG), a global technology platform that specialises in taking brands direct to consumers, to offer its interest and fee-free monthly payment solution through THG Ingenuity, the Technology Services division of THG. Splitit will provide THG’s global customers with the option to pay for purchases using their own credit with no additional fees. Splitit allows consumers to pay...

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