P2P Payments

PayPal backs South Korean P2P app maker Viva Republic

Viva Republic has picked up $48m in Series C round that saw participation from PayPal. Viva Republic is the parent company of South Korean peer-to-peer payments app Toss.

Japanese payments app Kyash picks up $8.5m

Japanese payments and remittance startup Kyash has raised more than ¥1bn ($8.5m) in a Series A round.

SupportPay pockets $4.1m to automated child support

Automated child support payments platform SupportPay has raised $4.1m in its Series A round. The funding was led by Fenway Summer Ventures.

Klarna picks up team and tech of bankrupt Cookies

Swedish payments processor Klarna is acquiring the technology and team behind bankrupt peer-to-peer payments app Cookies. No price is disclosed on the deal.

PayKey unlocks $6m to bring P2P payments to messaging

Peer-to-peer payments service PayKey has raised $6m in a Series A round of funding co-led by e.ventures and Gaby Salem of Wharton Asset Management.

Cringle reels in €800k in crowdfunding round

German peer-to-peer money transfer app Cringle has surpassed its €400,000 goal to reach a final close of €800,000 on crowdfunding site Companisto.

Barcelona’s Verse rakes in $8.3m for peer-to-peer payments

Barcelona-based peer-to-peer payments service Verse has raised $8.3m in a Series A round of funding. The capital comes from Spark Capital, e.ventures and Greycroft Partners.

Dublin’s Plynk nabs €725,000 for P2P payments

Irish peer-to-peer payments startup Plynk has raised €725,000 in a seed round of funding. The capital comes from Delta Partners, Enterprise Ireland, the National Digital...

French peer-to-peer payments app Lydia picks up $7.8m

The capital comes from NewAlpha Asset Management and Oddo & Cie and takes the total raised by the Paris-based company to more than $13m.

Viva Republica captures $23.7m to expand its services

South Korean mobile payments firm Viva Republica has landed $23.7m for its Series B funding round. The company is the developer behind peer-to-peer mobile transfer app Toss.

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