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- Sports-betting payments specialist PayNearMe Inc. said it has gained approval from the New York Gaming Commission to provide its MoneyLine platform to licensed operators in that state.
- Fly Now Pay Later, a buy now, pay later provider for travel services, closed a $75 million debt funding round from Atalaya Capital Management that will support its U.S. expansion. Atalaya also made an equity investment in the company.
- Bitcoin-services provider New York Digital Investment Group LLC, known as NYDIG, said its Bottlepay unit has received registration as a cryptoasset business from the Financial Conduct Authority in the United Kingdom. Bottlepay provides Bitcoin technology and services on the Lightning network, a system that proposes to speed up Bitcoin transaction times by processing certain functions off-chain.
- Payments-technology provider Mogo Inc. announced it invested in NFT Trader, a Canada-based trading platform for non-fungible tokens (NFTs). Mogo said its investment is in the form of a convertible note that, if converted, would confer a 25% interest in NFT Trader.
- E-commerce payments specialist Digital River announced it has integrated its payments, taxes, compliance, fraud, and logistics capabilities into an e-commerce platform from technology provider VTEX LLC to simplify cross-border transactions.
- Novo Platform Inc., a banking platform for small businesses, has raised $90 million in Series B funding valuing the company at $700 million. The round was led by Stripes, a growth-equity firm.
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