These are the ten companies leading the mobile payments market
The ubiquitous adoption of smartphones has driven the worldwide adoption of mobile payments, but ten companies have been identified as leading the charge in the multi-trillion dollar sector.
Revealing the ten biggest FinTech funding rounds in 2020
Massive amounts of capital have been injected into the FinTech industry in 2020, but ten companies raised bigger rounds than the rest.
Openpay has officially launched in the US
Klarna and Afterpay just got more competition in the US as Australian buy now, pay later provider Openpay has just kicked off its operations in the country.
PhonePe bags investment from Flipkart just days after its partial spinout
Digital payments app PhonePe has reportedly collected a $20m investment from e-commerce giant Flipkart.
ChannelVAS bags $5m in funding
FinTech company ChannelVAS has secured $5m in funding from investment firm Convergence Partners.
Mastercard and Visa pull out of Pornhub after abuse allegations
Visa and Mastercard have cut ties with Pornhub after both payment providers investigated allegations of child sexual abuse.
What do these 28 FinTech rounds from last week reveal about the industry
Last week week saw 28 FinTechs close investment deals. Three sectors in particular proved especially successful.
Balderton Capital backs UK FinTech Primer in £3.2m seed round
Payment stack consolidation startup Primer has bagged £3.2m in a seed round led by Balderton Capital, the investor behind companies like GoCardless, Revolut and Darktrace.
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.
Digital payments are becoming more popular ECB research shows
Cash may still be king, but new research from the European Central Bank shows digital payments are becoming more popular.
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