Payment processors/providers/gateways


Azimo expands its money transfer service from the Nordic countries

by Azimo,

Digital money transfer company Azimo has added 10 new countries to its service for customers in Nordic countries. (more…)

Payment processors/providers/gateways, Remittances

July 6, 2018

Why Ant Financial-backed Dana may struggle to catch up with other Indonesian payments apps

Copyright: idspopd / 123RF Stock Photo

Ant Financial, which has risen to become one of the world’s biggest private tech firms with a reported valuation of US$150 billion, is best known for its digital payments platform Alipay. But the Alibaba unit is sitting on a treasure trove of data that allows it to also offer mobile financial services like loans and insurance. Now Ant is trying to take this success overseas. (more…)

Payment processors/providers/gateways

July 2, 2018


Korean payments app Toss raises $40m

Viva Republica, Korea’s foremost fintech startup and maker of financial services app Toss, announced today that it has completed a $40 million round of funding from GIC and Sequoia China, bringing the company’s total amount of funding raised to $116 million. (more…)

Global trends, Government activities, Payment processors/providers/gateways

June 19, 2018


Ant Financial lands $14bn investment for Alipay’s global march

Ant Financial has signed agreements with investors for its Series C equity financing totalling nearly $14 billion. (more…)

Payment processors/providers/gateways

June 12, 2018


Starling seeks new funding; dumps TransferWise

UK challenger Starling Bank is reportedly in the early stages of raising £80 million in new funding as it rounds out its business banking offering and competes for a £120 million grant from the RBS bail-out fund. (more…)

Fintech news, Global trends, Payment processors/providers/gateways

May 31, 2018

UK challenger bank Starling seeks £80m funding

UK challenger bank Starling is looking to raise £80 million in its latest quest for funding – and it has ended its relationship with TransferWise(more…)

Banks, Mobile-first banks, Payment processors/providers/gateways

May 31, 2018


PayPal acquires AI predictive retail startup Jetlore

Payments provider PayPal today announced plans to acquire Jetlore, a San Mateo-based startup that specializes in artificial intelligent retail systems, for an undisclosed sum. (more…)

Global trends, Payment processors/providers/gateways, Payment systems

May 30, 2018


PayPal and Google bind payment rails

PayPal and Google are extending their relationship across the search giant’s entire ecosystem, including Gmail, YouTube, Google Pay and Google Store. (more…)

Fintech news, Global trends, Payment processors/providers/gateways

May 25, 2018


Adyen confirms plans for IPO

Payments processor Adyen is chasing a $9 billion valuation after confirming its intent to sell 15% of its shares in an IPO on Euronext Amsterdam. (more…)

Global trends, Hotnews, Payment processors/providers/gateways

May 25, 2018


Payoneer makes moves to simplify the way US SMBs pay and get paid globally

By Payoneer,

Payoneer, an innovative cross-border payments company transforming the way businesses send and receive funds globally, announced today new investment and support for US sellers and SMBs that address the unique needs of American businesses doing business globally. (more…)

Fintech news, Global trends, Payment processors/providers/gateways

May 16, 2018

Credorax launches innovation lab to take on transaction fraud

By Credorax

Credorax, a leading technology company turned licensed European bank, today unveiled the Credorax Innovation Lab. Designed to solve online payment issues faced by merchants, the Innovation Lab works with partners to develop solutions which utilise the power of AI, data science, payment fraud prevention techniques and technologies. (more…)

Hotnews, Payment processors/providers/gateways

May 10, 2018

Paytm Canada launches bill pay rewards programme

Paytm Canada, a payments and financial services company that offers a mobile payments and commerce platform, today announced the launch of the first-of-its kind rewards platform where consumers earn points and cash back through any method of payment. (more…)

Global trends, Payment processors/providers/gateways

April 12, 2018


PayPal to roll out banking products for the ‘unbanked’ in the weeks ahead

By Sarah Perez for Techcrunch

PayPal  is expanding into traditional banking through partnership with smaller banks to offer consumers debit cards connected to their PayPal accounts, along with direct deposit for paychecks and other services, according to news the company shared with The Wall St. Journal. The company says its new products are targeted specifically at the unbanked, and will launch in the first half of 2018, following consumer testing. (more…)

Banks, Fintech news, Hotnews, Payment processors/providers/gateways

April 10, 2018

Braintree Extend launches

By Braintree,

World-class commerce experiences are increasingly dependent upon partnerships. Whether it’s partnering with a payments service provider, a rewards platform, a content platform, a social platform, or even other merchants, the goal for many is the same: optimize the user experience and help drive growth for your business. (more…)

Fintech news, Global trends, Influences FinTech, Payment processors/providers/gateways

March 28, 2018


Adyen launches POS offering in Singapore

By Adyen,

Adyen, the payments platform of choice for the world’s leading companies, today announced the launch of its point of sale (POS) offering in Singapore, extending its unified commerce footprint to 27 countries and more than 4,000 cities. (more…)

Fintech news, Global trends, Payment processors/providers/gateways

March 15, 2018


Square’s Cash app now supports direct deposits for your paycheck

By Fitz Tepper for TechCrunch

It seems like each new feature Square adds to its Cash app brings it one step closer to being a de-facto bank account for its users. (more…)

Deals, Global trends, Payment processors/providers/gateways

March 8, 2018


Google is bringing messaging to its Tez payment app in India

By Jon Russel for TechCrunch

Messaging and payments continue to converge in India after Google added chat features to its Tez payment app in India. (more…)

Hotnews, InspirAsia, Payment processors/providers/gateways

March 7, 2018


Amazon talks to banks over checking account – WSJ

By Wsj,

Amazon has begun talking to banks, including JPMorgan Chase and Capital One, about developing a checking account-style product for its millions of customers, according to the Wall Street Journal. (more…)

Hotnews, Payment processors/providers/gateways

March 5, 2018


C2FO closes $100m funding round

By C2FO,

C2FO, the world’s largest market for working capital, has completed a $100MM funding round led by Allianz X and Mubadala Investment Company, along with strong participation from existing C2FO investors: Temasek, Union Square Ventures, and Mithril Capital. (more…)

Fintech news, Global trends, Payment processors/providers/gateways

February 28, 2018


Wirecard digitizes banking services for ReiseBank’s bankomo app

By Wirecard,

Wirecard, the digital financial technology specialist, is today expanding its collaboration with ReiseBank, the market leader in the field of travel money in Germany. (more…)

Global trends, Payment processors/providers/gateways

February 15, 2018


PayPal Here mPOS hardware gets makeover

PayPal is shipping two new mPOS devices, one which accepts card swipe transactions and another for chip and tap payments. (more…)

Payment processors/providers/gateways

February 8, 2018

Paytm Canada partners Payment Source

Paytm Canada, a payments and financial services company that offers a mobile payments and commerce platform, has partnered with Payment Source an alternative payments provider. (more…)

Payment processors/providers/gateways

February 6, 2018


Startup Intrapay promises fresh approach to payments processing

Intrapay today introduced its purpose-built payment platform to the global payments sector, backed by a management team comprising some of the leading figures in the industry. (more…)

Hotnews, Payment processors/providers/gateways

February 5, 2018


PayPal stutters as eBay scraps 15-year relationship

Digital auction house eBay is terminating a 15-year relationship with PayPal and instead turning to Amsterdam-based Adyen as its primary payments provider at the checkout. (more…)

Global trends, p2p-payments, Payment processors/providers/gateways

February 2, 2018


ING acquires a majority stake in Payvision

ING has spent EUR270 million to acquire a 75% stake in international card acquirer and payments platform Payvision. (more…)

Banks, Payment processors/providers/gateways

January 30, 2018

Digital wealth manager Moneyfarm acquires tech behind fintech chatbot Ernest

By Steve O’Hear for Techcrunch

Moneyfarm, the U.K.-headquartered “digital wealth manager” has acquired the technology behind personal finance chatbot Ernest. Terms of the deal aren’t being disclosed, though I understand that, along with the tech, this is an acqui-hire of sorts, seeing London-based Ernest’s CTO Lorenzo Sicilia join Moneyfarm to oversee technology integration. (more…)

Global trends, Hotnews, Payment processors/providers/gateways, Wealth management

January 24, 2018


PayPal backs pan-European savings deposit marketplace Raisin

By Steve O’Hear for TechCrunch

Raisin, the savings deposit marketplace that lets you shop for a better interest rate across Europe, has picked up backing from PayPal. Described as a “strategic investment,” the new funding round remains undisclosed. (more…)

Fintech news, Global trends, Hotnews, Payment processors/providers/gateways

December 20, 2017


Payoneer banks investment from China Broadband Capital

By Payoneer

Payoneer, an innovative digital payments company transforming the way businesses send and receive cross-border payments, announced today that China Broadband Capital (CBC), one of China’s leading investment funds, has made an investment in the company. (more…)

Deals, Hotnews, Payment processors/providers/gateways

December 6, 2017


Affirm Said To Eye $150M Capital Raise On $1.5B Valuation

Affirm Inc., an online lender, is reportedly in late-stage talks to land a new round of financing that would propel it to unicorn startup status. (more…)

Deals, Fintech news, Global trends, Hotnews, Payment processors/providers/gateways

December 6, 2017


Grab raids Paytm for new CTO

By Grab

Grab, the leading on-demand transportation and mobile payments platform in Southeast Asia, today announced it has appointed Vikas Agrawal as Chief Technology Officer (CTO) for GrabPay, its mobile payments platform. (more…)

Fintech news, Global trends, Payment processors/providers/gateways

November 23, 2017