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.