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6649

Life.SREDA VC report: mPOS-acquiring as ecosystem for SME-clients

Key findings from the industry of mPOS (mobile point of sale). 

Read our full research “Money of the Future”. Download PDF (20MB) (more…)

Analytics, Fintech news, Hotnews, InspirAsia, POS/mPOS and online acquiring, SME

March 10, 2016

Deals: Visa discloses big stake in Jack Dorsey’s Square

By Paul La Monica for CNN Money,

Visa, the credit card processing giant famous for that marketing slogan, disclosed in a SEC filing late Thursday that it now owns a 9.99% stake in the class A shares of Square, the mobile payments startup co-founded by Twitter CEO Jack Dorsey. (more…)

Cashless, Deals, Fintech news, POS/mPOS and online acquiring

February 12, 2016

1334

Square’s Apple Pay Reader Is Going on Sale at Apple Stores

 

By Cade Metz for Wired magazine,

SQUARE IS NAMED after its credit card reader, which lets merchants accept payments through an iPhone. But in the fall, the company took a new turn, offering a device that also accepts payments made from an iPhone. And now, this device is going on sale at Apple stores.

(more…)

Cashless, Fintech news, POS/mPOS and online acquiring

February 3, 2016

2888

Mobile point of sale venture Softpay gets $1m Series A from fintech VC Life.SREDA

DealStreetAsia: Southeast Asian mobile point of sale (MPOS) venture SoftPay Mobile International, which is incorporated in Singapore but operates in Vietnam, has secured a $1-million Series A investment round led by Singapore-based fintech VC firm Life.SREDA, via their InspirAsia Accelerator. (more…)

Deals, Fintech news, InspirAsia, news, POS/mPOS and online acquiring, Singapore

October 17, 2015

3748

Square’s IPO And Dashboard App For iOS

Bloomberg: Square, the mobile-payments company founded and led by Jack Dorsey, the interim CEO of Twitter, filed confidentially for an IPO, people with knowledge of the matter said. Square has been working with Goldman Sachs Group, Morgan Stanley and JPMorgan Chase on the IPO, said the people, who asked not to be identified because the process is private. (more…)

Fintech news, Hotnews, news, POS/mPOS and online acquiring

July 24, 2015

2143

POS-Acquiring In Asia

TechInAsia: Mumbai-based startup MSwipe fills the gap with a hassle-free POS device which can work with any mobile phone. Yes, even brick phones. Plug it into the phone’s audio jack, launch the application, and you have a card reader ready to swipe.

(more…)

China, Deals, India, InspirAsia, POS/mPOS and online acquiring

July 22, 2015

2342

What Does Asia Have To Offer Against Square?

TechInAsiaVladislav Solodkiy, Life.SREDA VC: Last week Jack Dorsey, co-founder and CEO of Square, the world’s third largest fin-tech company by market capitalisation, also took a role of iCEO at Twitter. On top of that, a new wave of rumours about the company to go public by the end of this year hit the media. What do the Asian markets have to offer in respond to this? (more…)

Fintech news, Hotnews, InspirAsia, news, POS/mPOS and online acquiring

June 23, 2015

1596

The Fabulous Life Of Jack Dorsey, Twitter’s Billionaire Interim CEO

Business Insider: Twitter announced Thursday that current CEO Dick Costolo will be stepping down from his post, effective July 1. Jack Dorsey will be returning as interim CEO. He will stay on as CEO of Square (more…)

Fintech news, news, POS/mPOS and online acquiring

June 12, 2015

1549

European Mobile Payment Startup SumUp Discloses A Total $45M In Funding

TECHCRUNCH: In the rush of companies crowding into the mobile payment space, a startup out of Europe has announced more funding to grow its footprint and add contactless hardware.SumUp, a startup originally founded in 2012 in Berlin that competes against the likes of iZettle and Rocket Internet’s Payleven, has raised an undisclosed amount led by Swiss backer Venture Incubator. The exact figure is not being disclosed, but SumUp’s CEO Daniel Klein confirms that the total raised by the company to date is now $45 million (€40 million) and that this latest round values the company in the “healthy hundreds of millions.”

(more…)

Deals, Fintech news, POS/mPOS and online acquiring

June 10, 2015

3486

LifePay Launched Internet Acquiring And Lending Services

LifePay has launched 2 new products in its line: online acquiring and SME-lending for working capital (in a month they are launching POS-lending – when entrepreneurs sell their goods and services on credit – this model is used by FinanceIt) (more…)

Fintech news, Hotnews, Mobile payments/banking, p2p/online lending, POS/mPOS and online acquiring

March 27, 2015

2701

ShopKeep Buys Payment Revolution, Adds Payment Processing To Its Point Of Sale Solution

TECHCRUNCH: ShopKeep (cash-register & mPOS) bought payment processor company Payment Revolution and is going to add payment processing to its current POS offer

(more…)

Deals, Fintech news, Mobile payments/banking, Mobile-first banks, POS/mPOS and online acquiring

March 25, 2015

2680

Maybank partners Maxis to introduce mPOS service for SMEs

THE ASIAN BANKER: Maybank has partnered with Maxis Berhad to launch the Maybank mPOS service which enables SMEs to leverage the benefits of wireless payment mobility for business growth. (more…)

Fintech news, InspirAsia, Malaysia, news, POS/mPOS and online acquiring

January 27, 2015