PayTech Currencycloud set to be acquired by Visa in $700m deal
Visa has entered an agreement to purchase cross-border payments technology provider Currencycloud for a total of $700m.
Revolut expands market footprint with move into the travel sector
UK FinTech firm Revolut has widened its market presence after it rolled out a booking service for the travel industry.
Soldo rakes in $180m from Temasek-led Series C
UK PayTech firm Soldo has closed a $180m Series C funding round led by investor Temasek.
Mastercard unveils new payment gateway to simplify Faster Payments access
Mastercard has launched a payment gateway created to provide easier access for companies that connect to the UK’s Faster Payments Network.
Digital banking use to exceed half of global population in 2026, study finds
A study by Juniper Research has found around 53% of the global population will access digital banking services in 2026.
Play2Pay picks up $13m in oversubscribed round to expand global gamified payments platform
Florida-based startup Play2Pay raised $13m in a Series A funding round led by Telesoft Partners with participation from Harbor Spring Capital.
Novus bags FCA approval to launch sustainable banking app
UK FinTech Novus has secured regulatory approval from the Financial Conduct Authority (FCA) to launch as a company later this year.
Paytm gears up for mega IPO, files DRHP to raise $2.2bn
One97 Communications, parent company of digital payments platform Paytm, filed its draft red herring prospectus (DRHP) with market regulator Securities and Exchange Board of India (Sebi).
ProjectPay unveils platform to streamline construction industry payments
UK payment platform ProjectPay has introduced a software-as-a-service (SaaS) platform to help simplify and streamline payments in the building and construction industry.
Boubyan unveils mobile-only Islamic bank in UK market
Kuwaiti-based Boubyan Bank has introduced a digital-centric, Sharia-compliant bank in the UK.