PayTech Round-Up April 21, 2021

Payment Approved Technologies has acquired Optima Compass Group. Zilch, a London, UK-based Buy Now, Pay Later (BNPL) startup, raised $80M in series B funding round. Monit has closed a $5.2 million round of pre-Series A financing led by well-known fintech fund TTV Capital. Signifyd Inc. has raised $205 million in new investor funding. Routable has raised $30 million in a Series B funding. Avidia Bank announced a partnership with KyckGlobal, Inc. to enhance its current portfolio of treasury management products and services. Hi55 Ventures has partnered with Mastercard.

Payment Approved Technologies, LLC, a financial technology platform that is spearheading a global digital commerce network, announced today that it has acquired Optima Compass Group, LLC, a leading provider of RegTech solutions, including automated Anti-Money Laundering and consulting services.

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Zilch, a London, UK-based Buy Now, Pay Later (BNPL) startup, raised $80M in series B funding round.

Find details here.

Monit, the award-winning mobile financial platform for small businesses, announced that it has closed a $5.2 million round of pre-Series A financing led by well-known fintech fund TTV Capital.

Find details here.

Signifyd Inc., a company that sells artificial intelligence-based e-commerce fraud protection software, has raised $205 million in new investor funding, as more companies use its software in an effort to improve the online shopping experience for customers during the pandemic.

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Routable, a San Francisco-based B2B payments startup, has raised $30 million in a Series B funding round led by Sam Altman, CEO of Open AI and former president of Y Combinator, and Jack Altman, CEO of Lattice.

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Avidia Bank recently announced a partnership with KyckGlobal, Inc. to enhance its current portfolio of treasury management products and services.

Find details here.

Hi55 Ventures, a disruptive new fintech company in pay, has partnered with Mastercard to launch, a market-first salary access card, enabling people to access their pay as soon as they’ve earned it.

Find details here.

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