Volume of mobile transactions expected to surge
The volume of mobile transactions is expected to surge by 93% in the next two years.
Numbrs just became Europe’s latest FinTech unicorn
Zurich-based Numbrs has completed a $40m investment round and hit a $1bn valuation in the process.
Fincy receives $11m capital injection from parent company GBCI to grow across Asia
E-wallet company Fincy has revealed that it has filled its coffers with an additional $11m power boost to launch its South-East Asia.
Philippines-based Voyager said to collect $167m to support growth of PayMaya
Philippines-based Voyager has reportedly collected $167m in its funding round for its digital payments platform PayMaya.
What are Meta’s payment plans?
Meta is to rebrand Facebook Pay as Meta Pay in a bid to bring it closer to the Meta brand alongside enhancing the payment experience.
Payconiq raises over €20m in new funding round
Mobile payments platform Payconiq has raised more than €20m in a funding round led by existing shareholders.
KIWE hopes to become a synonym for payment after seed close
KIWE app, a mobile payment application, has closed its seed funding round, as it continues its aim to be the word associated with payments.
Y Combinator-backed Afriex bags $1.2m in a seed round
FinTech firm Afriex secured a $1.2m in a seed funding round with an aim to scale its payments and remittances platform across Africa.
Alipay makes further inroads in the US with First Data deal
Chinese mobile payments giant Alipay is heading stateside through a partnership with First Data that will see the Ant Financial-owned service increase its international presence further.
Wirecard’s CEO leaves company after search for missing €1.9bn hits a dead end
The Wirecard scandal sweeping across the European FinTech space intensified over the weekend with CEO Markus Braun leaving the company as the board says the missing €1.9bn ($2.1bn) "do not exist."