Contactless payment market anticipates soaring growth into 2025
A study has found the mobile contactless payment market is expected to grow by 24% in 2021 to around $2.489trn.
BNPL firm Sunbit secures unicorn status following $130m Series D
California-headquartered buy now, pay later (BNPL) company Sunbit has achieved unicorn status after a $130m Series D brought its value up to $1.1bn.
Planet launches integrated digital payments service across Europe
Irish payments company Planet has introduced an integrated digital payments service for multinational companies across Europe.
Klarna rival Laybuy hauls in A$35m to boost its footprint in the UK
New Zealand-based buy now pay later firm Laybuy has closed a A$35m capital raise to further its push into the UK market.
Clair partners with MetaBank, Galileo to expand user accessibility
US FinTech Clair has partnered with sponsor bank MetaBank and payments processor Galileo to bolster user accessibility on its platform.
Abu Dhabi Islamic Bank partners with FIS to upgrade its instant payments services
Abu Dhabi Islamic Bank (ADIB) has teamed up with FIS to upgrade its digital payment infrastructure with the aim to provide instant payment to its customers.
HSBC launches multi-currency wallet for international payments
Banking giant HSBC Bank USA launched a multi-currency digital wallet dubbed ‘HSBC Global Wallet’ that enables businesses to make international payments from one single global account.
Tink bolsters open banking offering with FinTecSystems purchase
Swedish open banking startup Tink is set to acquire German firm FinTecSystems for an undisclosed amount.
Google Pay enables users to send money across borders
US-based Google Pay users can now remit money to GPay users in the Indian subcontinent via the Google Pay app as the company forays into international payments.
Crypto wallet Zumo launches virtual Visa debit card where users can pay by crypto
Edinburgh-based cryptocurrency wallet and payment platform Zumo launched a virtual card offering to enable users spend cryptocurrencies.
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