Mobile Payments

Tymit raises £4m to support growth of its transparent credit card

Tymit, which offers a credit card supported by a mobile app, has collected £4m in its funding round.

Chinese investors help Nigerian payments startup OPay secure $120m Series B investment round

Lagos-based OPay, the FinTech startup, has bagged $120m in a massive new investment round to scale its Nigerian presence and to tap into Kenya, Ghana and South Africa’s markets.

PayPal pulls the plug on PornHub performers’ payments

Thousands of performers on pornography website PornHub have reportedly been cut off from using PayPal’s services.

The African FinTech scene shows more signs of maturing as Nigeria gets a new...

Interswitch, the digital payments firm, has confirmed that it has reached a $1bn valuation after Visa, the payments company, invested in the enterprise. While it...

Facebook introduces new payment service Facebook Pay

Social media giant Facebook is strengthening its push into the FinTech space by announcing the launch of Facebook Pay, a new way to shop, donate and transfer cash across Facebook, Messenger, Instagram and WhatsApp.

Alipay and WeChat introduce new card service for people visiting China

Both WeChat and Alipay have introduced services that enable foreign visitors to China to use their credit cards via their services instead of bringing...

Square has sold food delivery service Caviar to DoorDash for $410m

Payment process platform Square has sold Caviar, the food delivery service, to DoorDash, the meal delivery company.

Goldman Sachs has handed out roughly $10bn in credit to Apple Card

Investment bank Goldman Sachs has extended credit lines worth $10bn to Apple Card users since Apple launched the credit card in the last quarter.

GoCardless and Recurly join forces

Recurring payments FinTech GoCardless has announced that it has signed a strategic partnership with Recurly, the platform powering subscription commerce. The deal will enable the...

What will tech titans entering the FinTech sector mean for competition, talent and the...

Uber has taken another step into FinTech scene. As other big tech firms are also viewing the opportunities of the sector, the industry might change considerably.

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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