Study anticipates over half of global population to use mobile wallets by 2025
A study by US mobile payments firm Boku gr has found that more than one in two people globally will use a mobile wallet by 2025.
FinTech fidomoney unveils business account offering in UK market
York-based FinTech startup fidomoney has launched its business current account service to consumers in the UK.
Fintech acquires cloud-based business intelligence provider STX Business Solutions
Financial Information Technologies, LLC (Fintech), business solutions provider for the beverage alcohol industry has acquired STX Business Solutions.
Previse, Pagero partner to support early payment tech roll-out
Instant invoice payment firm Previse has partnered with e-invoicing business Pagero to enable instant, embedded finance to be delivered on the latter’s open business network.
Klarna under fire by Swedish watchdog for bank secrecy breach
Sweden's financial watchdog Finansinspektionen is investigating payments firm Klarna over a potential breach of banking secrecy laws in connection with an IT incident at the firm in May.
Pleo joins billion-dollar club after pulling in $150m, plans aggressive hiring in UK
Copenhagen-based FinTech startup Pleo, an employee credit card and expense solution provider has joined the European’ unicorn’ club after raising Denmark’s biggest ever Series C at $150m.
Carbon, Visa enter five-year partnership to support payments across Africa
African FinTech Carbon has entered a five-year strategic alliance with Visa to provide digital and physical issuance of Visa cards to its customers on the continent.
Tribe, ClearBank partner to bolster banking access for FinTech companies
Tribe Payments has teamed with ClearBank to leverage the latter’s banking-as-a-service platform to help provide Tribe’s customers with improved access to payment schemes.
Paysafe teams up with Microsoft to power cash payments on Xbox
Specialised payments platform Paysafe teamed up with Microsoft to enable consumers to make online cash payments on the Microsoft Store on Xbox.
Transferwise rival OneFor launches new payments solution for Europe’s immigrant population with €10m seed...
Germany-based startup OneFor launched a cross-border money transfer and payments app aimed at migrant workers in Europe.