PwC study finds digital transactions are outpacing cash payments
A study by PricewaterhouseCoopers (PwC) has found cashless transaction volumes are expected to outpace cash payments going into 2030.
Mooncard secures €20m to accelerate its expansion in Europe
Corporate card provider Mooncard will bolster its development in France as well as expand internationally, following the close of a €20m funding round.
India-based Paytm preps for planned $3bn IPO
India’s Paytm invited employees to tender equity shares in part or in full for sale in the digital payments giant’s planned initial public offering (IPO), a step it dubs as the country’s largest stock market debut ever.
Enfuce teams with Visa to accelerate FinTech payment card issuing
Finnish FinTech Enfuce has entered a collaboration with Visa aimed at supporting European FinTechs in launching their own payment card within eight weeks.
Tred, Nium partner to launch sustainable debit card
UK FinTech Tred has teamed with B2B payments firm Nium to be the card-issuer for its new sustainable green debit card.
EU plans to roll-out digital wallet for payments by 2022
The European Union has revealed it intends to introduce a new digital wallet that will be available for use across all 27 member states by 2022.
Medxoom closes $8m in funding to deepen its product suite
Medxoom, a healthcare platform helping to streamline payments, has closed an $8m investment as it looks to deepen its product suite.
Expense management firm Jeeves emerges from stealth with Andreessen Horowitz-led round
Jeeves, an all-in-one global expense management platform for startups, has emerged from stealth with $131m in total funding, including $31m in equity and $100m in debt financing.
FinTech Pecunpay unveils digital payment innovation centre
Spanish FinTech Pecunpay has launched a new digital payments innovation centre named FINTANK.
CSI eyes bolstered instant payments adoption through pilot program
Computer Services Inc (CSI) will participate in the FedNow pilot program with the aim of increasing the adoption of instant payments in the US.