Facebook introduces new payment service Facebook Pay
Social media giant Facebook is strengthening its push into the FinTech space by announcing the launch of Facebook Pay, a new way to shop, donate and transfer cash across Facebook, Messenger, Instagram and WhatsApp.
GoCardless and Recurly join forces
Recurring payments FinTech GoCardless has announced that it has signed a strategic partnership with Recurly, the platform powering subscription commerce. The deal will enable the...
Merchant payment platforms’ revenue expected to jump to $158bn in the next five years,...
The global market for merchant payment platforms is seemingly in for a good time even though the risk of payment fraud is expected to...
Greensill has bagged another $655m from SoftBank
SoftBank tapped into its gigantic Vision Fund for a second time this year to support Greensill, the business financing company. Having already secured $800m from...
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.
Here’s what to expect as Singapore and Australia begin negotiating their new cross-border FinTech...
The Australia-Singapore Digital Economy Agreement was announced in June as a bid to boost the two countries’ digital economies. Now they’ve begun the talks for real.
Alfa-Bank and Novolipetsk Steel to pilot cross-border payments
Alfa-Bank and Novolipetsk Steel Company has teamed up with Commerzbank and Vesuvius to launch a cross-border payments program.
China-based XTransfer collects $15m in its Series B round
XTransfer, a cross-border financial services for China-based foreign trade enterprises, has collected $15m in its Series B round.
Fundbox secures more than $300m in debt and equity round
Fundbox, a B2B payments and credit network, has raised $176m in its Series C growth equity round and a $150m credit facility.
How did Singapore beat China to become Asia’s biggest FinTech investment destination?
Singapore is hotbed for FinTech innovation that has overtaken China as the biggest investment destination in the region. However, its leadership position is far from certain.
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