Emerging markets set to lead mobile wallet uptake by 2025
A global study by Boku has found that emerging markets in Latin America and Africa and the Middle East are set to see the largest uptake in mobile wallets by 2025.
TrueLayer collects $130m in round led by Tiger Global and Stripe
Open banking platform TrueLayer has closed a $130m fundraise, which was led by Tiger Global and Stripe.
Monese unveils new BaaS platform, enters partnership with Investec
Challenger bank Monese has entered a strategic partnership with Investec Bank following the recent introduction of the former’s banking-as-a-service (BaaS) platform.
FinTech unicorn Pine Labs closes additional funding hot off heels of $600m investment
FinTech unicorn Pine Labs has received a $100m investment, which comes just hot off the heels of its $600m round.
Rogue mobile banking app presence records 140% year-on-year hike
A report by Outseer has found the presence of rogue mobile banking apps increased 140% compared to the same time in 2020.
Xendit enters unicorn club following Tiger Global-led Series C
Indonesia payments firm Xendit has reeled in $150m from a Series C funding round and has pushed its valuation over the $1bn mark.
pingNpay eyes 2022 launch for global retail micropayments network
pingNpay, a global micropayment network supported by blockchain technology, has revealed it intends to make its network operational by 2022.
BNPL platform Scalapay snags $155m in Tiger Global-led round
Italy-based payment solution that enables customers to buy now and pay later (BNPL) without interest Scalapay raised $155m in equity funding as part of their Series A round.
Addi hauls in $75m to boost BNPL in LatAm, more than doubles valuation in...
Latin American buy now, pay later (BNPL) company Addi has raised new equity funding of $75m, bringing the firm’s total 90-day funding to $140m.
Digital wallets to drive £11bn in online spending by 2026
A recent report by payment service provider Emerchantpay has discovered digital wallets will account for £11bn in online consumer spending by 2026.
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