BNPL giant Klarna joins forces with luxury label Yoox Net-A-Porter to expand its payment...
YOOX NET-A-PORTER GROUP, the online luxury and fashion company, has partnered with Klarna, the buy now pay later service to boost customer experience and payment options.
Mastercard, Verizon team to introduce 5G to payments market
Mastercard and Verizon Business have entered a strategic partnership aimed at bringing ‘transformational solutions’ to the global payments and commerce industry.
Digital wallet spend to exceed $10trn by 2025
The total spend via digital wallets will exceed $10trn in 2025, according to new research from Juniper Research.
Klarna signs partnership with retailer boohoo group to scale in UK and US markets
Hot on the heels of the news that it has become Europe’s biggest FinTech unicorn, Klarna is gearing up for further growth with a new partnership.
Alma lands funding for responsible lending mission
French Buy Now, Pay Later (BNPL) startup Alma has closed a $130m Series C round in addition to $109m in debt financing.
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.
Holvi cards suspended because of the Wirecard scandal
Holvi, the digital banking platform for freelancers, has become the latest FinTech firm to be swept up in the Wirecard scandal.
Over 25% of non-cash transactions to be instant and e-money payments by 2025
A report by Capgemini on world payments who found that instant and e-money payments will make up over a quarter of all non-cash transactions by 2025.
Paysafe fortifies payments footprint with PagoEfectivo acquisition
UK specialised payments platform Paysafe has entered an agreement to purchase alternative payments platform PagoEfectivo for an undisclosed fee.
Why digital payments are booming in India
Digital payments in India have grown by 12.7% over the last year, according to a new report by accountancy giant KPMG.
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