Why Australia is seeing a rise in challenger banks
Digital banks are on the rise Down Under. However, competing with the big four banks won’t be a walk in the park.
Stripe valued at $70bn in new Sequoia Capital deal
In a strategic move, Sequoia Capital has reportedly extended an offer to its investors to buy shares in Stripe, a leading payments company it initially supported nearly 14 years ago, according to a report from Axios.
Mobile payments player LevelUp swipes $50m from JP Morgan Chase
Mobile payments network LevelUp has picked up $50m in a new round of funding from banking giant JPMorgan Chase.
Saudi Payments teams with IBM, Mastercard to launch instant payment system
Saudi Arabia’s only financial payments company Saudi Payments (SP) has introduced ‘sarie’ – an instant payments system – in collaboration with IBM and Mastercard.
Paytm debuts Card Soundbox for mobile and card payments
Indian eCommerce and payments firm Paytm debuted a new payment acceptance tool for merchants.
Open Payment Technologies Ltd launches digital wallet app to transform financial management
Open Payment Technologies Ltd, a leading provider of cutting-edge FinTech solutions, has announced the launch of its new digital wallet app, Kuady.
Cambodia-based Clik said to raise $2m in Seed round
Cambodia-based payments app Clik has reportedly raised $2m in its Seed funding round.
Affirm’s stocks soar on first day of trading and pave way for massive growth...
Affirm began trading on the Nasdaq on Wednesday with its shares jumping by more than 100% in the first day, laying the groundwork for huge growth in the buy now pay later space.
Marqeta to serve as Uber’s card issuing partner
Uber has taken another step into the FinTech space by entering into a card-issuing partnership with Marqeta.
How financial institutions can succeed in mobile banking post-pandemic
A OneSpan blogpost has underlined how financial institutions (FIs) can compete in the mobile banking sector following the shifts brought about by the Covid-19 pandemic.