E-commerce

BP Ventures pumps $11.9m in German in-car payment FinTech Ryd

BP Ventures has invested €10m (nearly $11.9m) in German in-car digital payments provider Ryd. bp’s investment will help ryd strengthen its market-leading position, expand into new international markets and...

trustshare said to raise $3.2m in seed funding

Digital escrow service trustshare has reportedly collected $3.2m in a seed round to help it open its first US office.

Zip continues global expansion with Payflex acquisition

Australian buy now, pay later (BNPL) firm Zip has continued its push for an expanded global presence with the purchase of South African BNPL Payflex.

How can traditional banks deal with the coming wave of embedded finance?

The embedded finance market is currently going from strength to strength. Thanks to companies like PayPal and Klarna, many non-financial institutions are integrating financial services into their platforms. As the sector continues to expand, how can traditional banks compete?

Utah based payment company Clicklease hauls in $63m in Series A Funding

UT-based FinTech company providing payment solutions in the commercial equipment space Clicklease raised $63m in Series A funding led by Sandlot Partners.

Amazon to offer BNPL services to its US market through Affirm alliance

Global retail giant Amazon has partnered with buy now, pay later (BNPL) company Affirm to provide its US customers with a BNPL option at the checkout.

Square to launch a new paid subscription, Invoices Plus

Payment giant Square is expected to launch Invoices Plus, a paid subscription service that will include extra features such as those previously available with the free service.

Close to half of all transactions expected to contactless by end of 2022

A report by VoucherCodes has found 47% of all transactions are expected to be contactless by the end of 2022.

Prosus acquires Indian payments company BillDesk in a mega $4.7bn deal

Global consumer internet group Prosus has entered into a new deal with payments FinTech PayU to acquire online payment gateway provider BillDesk for $4.7bn.

UK contactless payment limit set to climb to £100 by October 2021

People in the UK will be able to make contactless payments up to a new limit of £100 from the 15th of October 2021.

News Stories

New UK Bill eyes £1.6bn savings by toughening fraud controls

The UK government has announced the introduction of a new Bill aimed at aggressively curbing fraud within the social security system, expected to generate savings of £1.6bn over the next five years.

Scotiabank and Nova Credit enhance credit accessibility for Canada’s newcomers

Scotiabank is enhancing its support for newcomers to Canada through an expanded partnership with Nova Credit.

GCBC launches digital platform to empower EMDEs with climate finance

The Global Capacity Building Coalition, a pivotal player in climate finance, has introduced its latest innovation, the Digital Platform.

Rising relevance of ESG: 64% of asset owners shift focus to environmental impact

A significant shift in investment priorities has been noted among global asset owners, with environmental factors increasingly coming to the fore. According to ESG...

InDebted bags $60m to enhance debt collection with AI and machine learning

InDebted, an Australian-founded global FinTech, announced today the successful completion of a $60m Series C funding round.

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