Lydia nets €40m as it prepares for European growth
Mobile payments company Lydia has scored €40m in its Series B round which was led by Tencent.
Mox, Mastercard team to launch new tool to simplify card payment process
Hong Kong virtual bank Mox has partnered with Mastercard to introduce a new tool that allows Mox users to flip between spending on an all-in-one debit and credit card.
FinTech startup Revolut launches banking operations in ten additional countries
Global money-transfer platform Revolut has operationalised its European specialised banking licence in ten additional countries.
Extend snares $40m from March Capital-led Series B
Digital payments infrastructure platform Extend has secured $40m from a Series B fundraising round.
Peter Thiel-backed B2B platform ShopUp inks $75m Series B
Bangladeshi B2B commerce platform ShopUp has secured $75m in a Series B funding round headed by Peter Thiel’s Valar Ventures.
Rapyd secures $300m in Series D raise
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.
Pineapple Payments receives $35m from Providence Equity
Payment processing company Pineapple Payments has received $35m from private equity firm Providence Equity Partners. Pineapple was only launched a year ago and is said...
How the coronavirus led to the UK upping the contactless payment limit to £45
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.
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.
MoneyGram teams up with Checkout.com for Visa collaboration
Cross-border transactions company MoneyGram has expanded its Visa debit card deposit service across Europe in a new collaboration with Checkout.com, Europe's most valuable privately owned FinTech.
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