Mobile Payments

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.

A little over a year since Rapyd achieved its unicorn status, the Mountain View-based FinTech has now raised a $300m Series D financing round to leverage the growing demand for its services.

After a year marred by an antitrust suit, Visa's acquisition of Plaid has officially been called off as the CEO says regulatory reviews threatened consumers' interests.

Globe Fintech Innovations, which operates the mobile wallet GCash, has received an investment to support the growth of financial inclusion.

Payments solutions provider Checkout.com has closed a $450m Series C funding round at a $15bn valuation, making it Europe's most valuable venture-backed FinTech.

Buy now pay later companies continued their winning streak last week as 25 FinTechs raised big rounds.

Global spend and procurement platform PayEm has pulled in $27m in funding over two rounds following a strong fiscal 2021.

British consumers spent £2.3bn through buy now pay later schemes to fund their Christmas in 2020, according to new research from Credit Karma.

Almost 4,000 regulated firms in the UK were at risk of failing in October and 59% of companies believe Covid-19 will have an adverse effect on their business, according to research from a City watchdog.

Everything from rings to smartwatches can be used to make payments these days, but ten companies are spearheading the market's development.