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.
Zimbabwe bans mobile payments over accusations of “economic sabotage”
Digital payments and trading on the stock exchange has been suspended in Zimbabwe in response to what President Emmerson Mnangagwa’s government called “criminality and economic sabotage," Reuters reported.
Revolut escalates global presence with new BillPay for businesses, revenues hit $500m
Revolut Business has announced that its global revenues now exceed $500m (£380m), alongside monthly transaction volumes of £17bn.
How JCB Contactless’ new results add to the argument that Covid-19 has made cashless...
While the past few years have seen more consumers embrace digital payments, it seems as if the coronavirus pandemic has made the cashless society even closer than ever.
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.
Wise forms pair of partnerships to support diversity and social mobility
Money management FinTech Wise has established partnerships that aim to improve diversity and social mobility within the next generation of workers.
Challenger bank KOHO unveils new cashback programme to for its Canadian customers
KOHO, the Canadian challenger bank, has announced a new cashback programme and a new merchant-specific rewards.
Paytm gears up for mega IPO, files DRHP to raise $2.2bn
One97 Communications, parent company of digital payments platform Paytm, filed its draft red herring prospectus (DRHP) with market regulator Securities and Exchange Board of India (Sebi).
Fisdom has closed a $7m funding round led by PayU
WealthTech startup Fisdom has bagged $7m in an investment round led by payment technology firm PayU.
Airwallex closes $80m Series B to support international expansion efforts
International payments provider Airwallex has closed a Series B funding round on $80m. The round picked up commitments from existing backers Tencent and Sequoia China....
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