Mobile Payments

fintech-news

Boku adds $13.7m for bigger carrier bills

Carrier billing company Boku has raised $13.7m in new venture funding. The round was led by a consortium of UK investors, including angels Andrew Black and Robert Markwick.

In-vehicle payment market anticipates huge 5000% growth spurt by 2026

A recent study by Juniper Research has found that the in-vehicle payment market will see growth of over 5,300% over the next five years.
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France-based Lydia secures €13m funding led by CNP Assurances

France-based mobile payments platform Lydia has secured €13m in financing led by CNP Assurances.

Fast is reportedly looking to join the unicorn club a year after securing seed...

Stripe-backed Fast is reportedly in talks to secure its unicorn status just one year after it first secured its seed funding.
TerraPay, a global payments network known for its agility and vast reach, has partnered with Bancolombia, Colombia's foremost player in remittances in a bid to revolutionise cross-border remittances in the region.

TerraPay and Bancolombia join forces to revolutionise cross-border remittances in Colombia

TerraPay, a global payments network known for its agility and vast reach, has partnered with Bancolombia, Colombia's foremost player in remittances in a bid to revolutionise cross-border remittances in the region.

Visa acquires Plaid in new $5.3bn deal

Payment giant Visa has announced that it has bought Plaid, a scaleup helping customers securely connect their financial information to apps.

Apple and Goldman Sachs to launch Klarna-like buy now pay later service, Apple Pay...

Apple is working on a service that will let users pay for purchases in instalments in partnership with Goldman Sachs, sending shares of Afterpay and other buy now, pay later (BNPL) companies sharply lower.

MoneyGram partners up with Global Money Express

Cross-border payments and money transfer company MoneyGram has inked a partnership with Global Money Express, the South Korean money transfer and payment FinTech company.
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Uber-rival Grab snatches Kudo to power up payments

South-East Asian Uber-rival Grab is boosting its payments powers with the acquisition of e-commerce and payments service Kudo.

Mobilexpress said to raise $2m for its Series A

Turkey-based online payments platform Mobilexpress has reportedly netted $2m in its Series A round.

News Stories

Legal & General partners with Moneyhub for innovative pensions dashboard

Legal & General (L&G) has teamed up with Moneyhub, a leader in FinTech and Open Finance technology. This collaboration aims to enhance how individuals plan...
tax

Addressing the challenges of intermediary structures in tax operations

Managing intermediary structures within tax operations has long been a complex task. These structures typically feature multiple layers of ownership and a variety of...
In the fast-paced world of banking, acquiring new customers is essential for growth. dacadoo, a leader in Digital Health Engagement Platforms (DHEP), has outlined eight key strategies that combine both traditional methods and digital innovation to help banks attract and retain customers. These approaches focus on creating meaningful interactions, improving customer experiences, and building strong brand loyalty.

8 key strategies for customer acquisition in banking

In the fast-paced world of banking, acquiring new customers is essential for growth. dacadoo, a leader in Digital Health Engagement Platforms (DHEP), has outlined eight key strategies that combine both traditional methods and digital innovation to help banks attract and retain customers. These approaches focus on creating meaningful interactions, improving customer experiences, and building strong brand loyalty.
AI

How will the EU’s AI Act impact the financial market?

The Artificial Intelligence Act officially came into force on 1 August 2024. The Act, one of the first of its kind, establishes a common regulatory and legal framework for AI within the European Union. How will it impact the financial sector?
New Zealand-based insurer Tower has entered into a partnership with HealthCarePlus to offer its products to members of various unions, including house, contents, and motor insurance.

Tower partners with HealthCarePlus to provide exclusive insurance products to union members

New Zealand-based insurer Tower has entered into a partnership with HealthCarePlus to offer its products to members of various unions, including house, contents, and motor insurance.

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