Digital and Online Payments


Mobile technology set to replace traditional bar tab

Flypay launching pre-approved digital tab to remove the anxiety of customers leaving their card behind the bar on nights out.


Tech Innovators 2014: ERN Global and its goal to provide insight on card payments

Placing itself firmly in the fast-growing big data sector, ERN Global is creating a suite of tools for card payments.

Mergers & Acquisitions

Palamon Capital Partners nets 2.5x return on Retail Decisions sale

Payment fraud prevention technology Retail Decisions has been sold to ACI Worldwide through a deal worth $205 million.


Financial technology start-up GoCardless rings up $7 million venture injection from Balderton Capital

A Series B funding round for payments start-up GoCardless has secured $7 million of growth capital for the business.


Tech Innovators 2013: Paythru

Anyone visiting the Jamie Oliver empire of restaurants may have used Paythru technology to settle the bill - and now the Buckinghamshire-based company has its eye on new contracts.


iZettle forms partnership with Banco Santander as part of €5 million investment

Mobile payments business iZettle has added to the list of venture capital backers it has by securing a new corporate investment partner in the form of Banco Santander.


Passion Capital and Accel Partners back financial technology firm GoCardless for second time

GoCardless has added to the $1.5 million (£976,400) it secured in February 2012 by netting a further $3.3 million through a deal with Accel Partners and Passion Capital.


M-commerce firm paythru becomes first business backed by Restoration Alpha Angels

Technology merchant bank Restoration Partners has closed the first investment to be made through its Restoration Alpha Angels network.

Venture Capital Funding

SumUp closes huge $20 million venture capital round

Mobile payment business SumUp has closed its Series A funding round and secured an enormous US$20 million (£12.6 million) to coincide with the launch of its service.


New payments provider secures backing

London-based online payment platform GoCardless has raised $1.5 million (£940,000) through a string of investors including Accel Partners, Passion Capital and YCombinator.


Contactless mobile payments

At the Mobile World Congress in February, contactless technology was a hot topic. GB explores why plastic cards in your wallet may soon become obsolete.


PayPoint buys Verrus   

Cash and internet payment specialist PayPoint has agreed to acquire Verrus, a mobile phone services business, for up to £29 million.