News

HSBC backs Token.io to scale Pay by Bank across Europe

Token.io, the European FinTech specialising in account-to-account (A2A) payment infrastructure, has announced a strategic investment from HSBC.The announcement, made at…

PayPal Enhances Popular Online Credit Offering with New Physical Card for In-Store Use

Today, PayPal announced that PayPal Credit can now be used everywhere with the introduction of a new physical card, issued…

PayPal Gets Approval to Facilitate Cross-Border Payments in India

PayPal has received an in-principle approval to become a cross-border payments aggregator in India, one of the world’s largest markets.In…

Visa brings Click to Pay to Hong Kong with ZA Bank

Visa has officially launched Click to Pay in partnership with ZA Bank, Hong Kong’s first and largest virtual bank.This rollout…

Costco Offering Buy Now, Pay Later With Affirm. But Is It Worth It?

Costco has announced a partnership with Affirm to offer Buy Now, Pay Later (BNPL) plans for online purchases between $500…

Europe’s banks brace for real-time payments —and millions in lost interest

With the EU’s SEPA Instant Payments Regulation set to become mandatory by October 2025, European banks are preparing for a…

SumUp raises $60M

UK-based fintech, SumUp, raised $60M through a Credit Rights Investment Fund (FIDC). This fundraising is SumUp’s fifth FIDC in four…

Worldpay expands into Colombia to boost e-commerce and global payment access

Worldpay, a global payments technology and solutions provider, has announced its expansion into Colombia with the launch of new domestic…

Keep raises $12M in increasingly competitive Canadian corporate spend market

In the U.S., a number of startups aim to be the corporate spend manager of choice for small and large…

Britain brings new Buy Now, Pay Later rules to protect shoppers

The UK government has unveiled plans to regulate the rapidly growing Buy Now, Pay Later (BNPL) sector, aiming to protect…

Islamic Finance set to surge in Central Asia, poised to hit $6.3bn by 2033

Islamic finance in Central Asia is on the cusp of a transformative decade, with the market projected to more than…

Ant Group divests 4% stake in Paytm amid strategic portfolio shift

Ant Group, the financial technology arm of China’s Alibaba Group, has sold a 4% stake in Indian digital payments company…

Creditinfo Launches New Platform to Boost African Businesses’ Access to Credit and Global Opportunities

Creditinfo has announced the launch of Business Information Platform Africa (BI Africa) to help African businesses and financial services access…

Lloyds Bank taps Moneyhub for AI-driven transaction categorisation

Lloyds Banking Group (LBG) has selected Moneyhub as its data enrichment and transaction categorisation partner following an in-depth market review.…

Y Combinator startup Firecrawl is ready to pay $1M to hire three AI agents as employees

Y Combinator-backed startup Firecrawl is back on the hunt for AI agent employees. It’s now placed three new ads on…

Fiserv to acquire Brazilian FinTech Money Money

Fiserv has signed a definitive agreement to acquire Money Money Serviços Financeiros S.A., a Brazilian FinTech specialising in SMB financing.…

EBay Expands Klarna BNPL Services to US

American consumers can now buy now, pay later (BNPL) on eBay. A press release issued Wednesday (April 23) announced that…

Revolut, the $45B neobank, posts $1B profit in 2024

Revolut, the $45 billion neobanking startup founded in the U.K., may have put its IPO plans on ice, but its…

India’s Juspay opens Singapore office to strengthen APAC presence

India-based payments infrastructure firm Juspay has opened a new office in Singapore, establishing a strategic hub for the Asia Pacific…

Belvo secures $15 million in new round of funding to power the next phase of Open Finance growth in Latin America

The round’s investors included new investors Quona Capital and existing ones Kaszek, Kibo Ventures, Future Positive, Citi Ventures, and Y…

PayPal expands cross-border reach in MEA with TerraPay partnership

PayPal has announced a strategic partnership with TerraPay to enable real-time cross-border fund transfers for customers across the Middle East…

Wise Launches ‘Spend With Others’: a New Feature for Spending With Family and Friends

Wise, the global technology company building the best way to move and manage the world’s money, has announced the launch…

Aleta Planet powers cashless payments for Muslim merchants in Southeast Asia

Singapore-based FinTech Aleta Planet has launched MPLUS Aleta, a digital payment app designed to meet the specific financial needs of…

Brazil’s Pix to Start Enabling Installment Payments in September

Brazil’s instant payment system, Pix, will reportedly allow users to pay for transactions in installments, beginning in September. The new…

Tata Capital prepares for IPO listing, eyes $1.81bn raise

Tata Capital, the financial services arm of the Tata Group, is preparing for an Initial Public Offering (IPO) projected to…

Visa Announces Investment in Mynt and Expanded Reseller Partnership Across Europe

Visa has announced an expanded reseller partnership and investment into Mynt, a Swedish-founded SaaS fintech specializing in spend management solutions.…

Netbank and JuanHand Announce Partnership to Enhance Lending Services

Philippine rural bank Netbank Inc. and fintech lending application JuanHand have announced a strategic partnership today. The partnership aims to…

PedidosYa launches financial services offerings

Uruguayan foodtech PedidosYa expanded its services to offer financial products to restaurants, including loans and digital wallets. PedidosYa plans to…

MoneyGram Implements Mastercard Move to Facilitate Digital Money Movement

MoneyGram has implemented Mastercard Move, a portfolio of money transfer solutions, to facilitate digital money movement domestically and across borders.…

Klarna Brings BNPL to High-Speed Rail With Eurostar Partnership

Pay-later platform Klarna has launched a partnership with rail service Eurostar. The collaboration, announced Wednesday (April 2), lets travelers in…

Viamericas launches its open payment network in the Philippines

Viamericas, a remittance and international money transfer provider, has launched its open payment network in the Philippines. This initiative offers…

inDrive Expands Financial Services With Its Latest Launch in Peru

inDrive, a mobility and urban services platform operating in 888 cities across 48 countries, is pleased to announce the launch…

Experian Targets ‘Credit Invisible’ Borrowers With Cashflow Score

Experian has launched a tool designed to increase financial access for people with limited credit history. Cashflow Score, unveiled Tuesday…

myPOS acquires UK-based UTP Group

Experian has launched a tool designed to increase financial access for people with limited credit history. Cashflow Score, unveiled Tuesday…

Banking Circle’s BC Payments Gets In-Principle Nod for Payment License

BC Payments, a Singapore-based subsidiary of Luxembourg-licensed bank Banking Circle, has received in-principle approval (IPA) from the Monetary Authority of…

dLocal and Temu join forces to help millions of shoppers access affordable quality products in Africa, Asia, and Latin America

dLocal, the leading cross-border payment platform connecting global merchants to emerging markets, has announced a strategic partnership with Temu, the…

Google now lets kids use Google Wallet for in-store payments in select countries

Google announced on Wednesday that kids with Android phones can now tap to pay at stores using Google Wallet in…

Finastra Unveils Enhanced Lending Cloud Service Supported by IBM

Finastra, a global provider of financial services software applications, and IBM (NYSE: IBM) today unveiled their collaboration on an enhanced…

PayU buys 43.5% stake in Mumbai-based Mindgate Solutions

PayU, the payments and FinTech business of Prosus, has acquired a strategic stake in Mindgate Solutions, an expert in real-time…

Mexican fintech Plata raises $160m in Series A funding round at $1.5bn valuation

Mexican fintech start-up Plata has achieved unicorn status after securing a $160 million Series A funding round at a $1.5…

The Deep dive: FinTech’s fight against $12.5bn fraud

The Federal Trade Commission (FTC) reported that consumers lost over $12.5 billion to fraud in 2024, marking a 25% increase…

myPOS Teams Up With Satispay to Enhance Payment Solutions in Italy

myPOS has announced a new strategic partnership with Satispay, Italy’s leading independent mobile payment provider. United by a shared vision…

MiFinity deepens presence in ‘key growth market’ Asia

E-wallet provider MiFinity is expanding its services to merchants and consumers in Asia with the addition of two new digital…

emerchantpay Expands LatAm Footprint With Enhanced Local Acquiring Capabilities in Brazil and Mexico

emerchantpay, a leading global payment service provider and acquirer, is strengthening its presence in Latin America with expanded local acquiring…

BVNK Unveils Embedded Wallet to Simplify Stablecoin Payments

BVNK has launched what it calls the first embedded wallet unifying fiat and stablecoins globally. “Stablecoins are redefining how we…

Lloyds Banking Group secures patent for AI cybersecurity solution

Lloyds Banking Group has developed a Global Correlation Engine (GCE), a breakthrough cybersecurity solution designed to enhance protection and reduce…

Mastercard signs strategic partnership with Mashreq to support its launch as a digital bank in Pakistan

The collaboration involves card portfolios across consumer, affluent, and business segments. Mastercard has signed a multi-year strategic agreement with Mashreq…

Brazilian SaaS startup Capim lands a $26.7M Series A

Capim, a startup offering Brazilians the option to buy now, pay later (BNPL) for dental services, has raised $26.7 million…

i2c to Help Clients Deploy Mastercard One Credential

Banking and payments technology provider i2c said Wednesday (Feb. 26) that it signed on to be one of the first…

UK capital of European fintech, despite four-year investment low

UK fintech investment hit a four-year low in 2024, but the UK remains the capital of European fintech, a new…

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