Mobile Payments

KIWE app, a mobile payment application, has closed its seed funding round, as it continues its aim to be the word associated with payments.

The Ant Technology Group's public listing was expected to be the biggest IPO ever, but now Chinese regulators have suspended the stock market debut.

Digital commerce and payment provider CellPoint Digital has scored $25m in funding from an equity financing round.

Alipay has announced a revamped version of its international app with for overseas travelers to China ahead of the Hangzhou Asian Games. 

Cross-border payment platform dLocal has joined Latin America’s growing list of FinTech unicorns, following the close of a $200m round.

While the UK and France may prefer credit cards and e-wallets, the rest of Europe would rather pay other ways when buying things online.

A new report by the Emerging Payments Association EU (EPA EU) and The Paypers offers a review across Europe’s individual payments markets, ranking the key players according to their place in the value chain and several financial indicators.

Nearly half (43%) of financial services expect the cost-of-living crisis to increase the risk of financial crime and fraud over the next 12 months.

UAE-based buy now, pay later (BNPL) company tabby has concluded a $50m Series B funding round led by Global Founders Capital and STV.

Payments operation software platform Modern Treasury has raised $85m in a Series C funding round led by Altimeter Capital.