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.
Checkout.com expands Estonia footprint with Icefire acquisition
Payments solutions provider Checkout.Com has purchased Estonian software development firm Icefire for an undisclosed fee.
Boubyan unveils mobile-only Islamic bank in UK market
Kuwaiti-based Boubyan Bank has introduced a digital-centric, Sharia-compliant bank in the UK.
Trendyol secures Decacorn status following Softbank-backed funding round
Turkish e-commerce platform Trendyol has become Turkey’s first Decacorn company after recent funding of $1.5bn lifted its valuation to $16.5bn.
Kevin Durant and Andre Igoudala are among the stars to back Jeeves’ second funding...
Expense management platform Jeeves has reached a valuation of $500m, after it closed its star-studded Series B round on $57m.
CBDCs to create ‘inevitable changes’ to payments landscape, McKinsey warns
A report by McKinsey has outlined the key challenges financial companies facing from the rise of central bank digital currencies (CBDCs).
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