Mobile Payments

Mobile-payment scaleup Judopay has become the latest FinTech to announce its efforts to support businesses during the COVID-19 pandemic.

Kenyan mobile network Safaricom and Vodacom, the South African division of Vodafone, have acquired phone-based money transfer service M-PESA.

The long number sequence at the front of credit cards are numbered if UK-based FinTech Curve’s latest offering catches on.

Nigerian FinTech One Kiosk has teamed up with US-based mobile financial service provider HUMBL to give its native merchants’ online ordering and delivery services a power boost.

Juspay has collected $21.6m in its Series B round, which was led by Bermuda-based venture capital firm Vostok Emerging Finance.

Payment app Zeux has launched a Visa card to satisfy what it refers to as a growing appetite for a “phygital” – physical and digital – banking experience.

Britain is increasing the spending cap for contactless payments from £30 to £45 from April 1 to help people cope with the coronavirus outbreak. However, the move may increase the risk of fraud.

UK-based FinTech startup Dzing has launched a new payment app for international students, remote freelancers, overseas workers and travellers.

Despite coronavirus fears, the last week saw a number of FinTech companies raise money.

The size of online payment market is set to rise as more customers get smartphones, according to new research from Valuates Reports.