Revolut rolls out direct debit service in the UK
Having already unveiled the ability to set up euro direct debits last year, Revolut has now added the feature to UK pounds.
IMburse closes $1.7m bridge round
IMburse, a SaaS platform for global payments, has closed a $1.7m bridge round.
StyloPay picks Tribe Payments for global digital wallet offering
Tribe Payments’ digital wallet technology has received another vote of confidence as payment and mobile apps business StyloPay has decided to use it.
NIUM partners with Frente Corretora de Cmbio to provide cross-border payments solutions
Singapore-based global financial platform NIUM has become the latest FinTech player to make a push into Latin America through a new partnership.
Chinese investors help Nigerian payments startup OPay secure $120m Series B investment round
Lagos-based OPay, the FinTech startup, has bagged $120m in a massive new investment round to scale its Nigerian presence and to tap into Kenya, Ghana and South Africa’s markets.
PayPal pulls the plug on PornHub performers’ payments
Thousands of performers on pornography website PornHub have reportedly been cut off from using PayPal’s services.
DadeSystems nets $9m funding round
DadeSystems, which provides accounts receivables with an automated payment solution, has netted $9m in its Series D.
The African FinTech scene shows more signs of maturing as Nigeria gets a new...
Interswitch, the digital payments firm, has confirmed that it has reached a $1bn valuation after Visa, the payments company, invested in the enterprise. While it...
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...