Challenger bank Monzo fixes problem that caused its services to crash
Bank customers were left unable to access their money after neobank Monzo’s services went down on Monday July 29.
Ghana aims to topple Kenya as Africa’s most digitalised economy
The vice-president of Ghana has announced an ambitious programme to digitalise the country’s economy.
Payment company MoneyGram has signed a partnership with LuLu Money
MoneyGram has kept on growing since Ant Financial bought the payment company in 2017 for $880m. Now it plans to power that growth with a new partnership with non-banking finance company LuLu Money.
Wirecard has become Visa’s preferred payment processor
Hot on the heels of signing a new partnership with Klarna in March, Wirecard has now inked a new deal with Visa to help the payment giant bolster the Visa Fintech Fast Track programme in the Middle East.
Barclaycard inks partnership with FreedomPay
Payment company Barclaycard is looking to provide a seamless end-to-end payment experience to its customers through its new partnership with FreedomPay.
Visa buys stake in Global Processing Services
Payment giant Visa has made a strategic investment into Global Processing Services (GPS), a payments issuer processor.
MoneyGram teams up with Checkout.com for Visa collaboration
Cross-border transactions company MoneyGram has expanded its Visa debit card deposit service across Europe in a new collaboration with Checkout.com, Europe's most valuable privately owned FinTech.
FinTech firm Pollinate raises $50m in Series C round
London-based FinTech Pollinate has closed a $50m Series C round led by Insight Partners.
Saudi Payments teams with IBM, Mastercard to launch instant payment system
Saudi Arabia’s only financial payments company Saudi Payments (SP) has introduced ‘sarie’ – an instant payments system – in collaboration with IBM and Mastercard.
Thunes scores $60m in Series B after 100% YoY growth
Singapore-based Thunes, a B2B payments company, has bagged $60m in its Series B after a 100% growth rate over the past year.