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.
PayTech Sokin joins Arsenal Football Club as money transfer partner
UK-based global payments provider Sokin has teamed with Arsenal FC to become its new official money transfer partner.
Slice launches $27 credit limit cards to tap 200 million users in India
Bengaluru-based consumer credit startup slice unveiled a card that offers a credit limit from Rs 2,000 ($27) onwards, to capture 200 million Indians who struggle with online transactions.
PayPal to acquire Japanese unicorn Paidy in $2.7bn deal as the BNPL race heats...
PayPal is set to acquire Japanese buy now, pay later firm Paidy for $2.7bn as the US payments company looks to expand its reach in the Asian country.
Peter Thiel-backed B2B platform ShopUp inks $75m Series B
Bangladeshi B2B commerce platform ShopUp has secured $75m in a Series B funding round headed by Peter Thiel’s Valar Ventures.
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