Prosus acquires Indian payments company BillDesk in a mega $4.7bn deal
Global consumer internet group Prosus has entered into a new deal with payments FinTech PayU to acquire online payment gateway provider BillDesk for $4.7bn.
Mobile payment adoption just might be on the verge of a breakthrough
Mobile payments in teh US have yet to really take hold of the US market, but millenials might be changing things.
Codat partners up with Visa as payment giant launches new European FinTech initiative
London-based Codat has formed a strategic partnership with Visa as the payment giant is gearing up to launch the Visa Fintech Partner Connect programme in Europe.
Mercedes transforms car into payment device
Mercedes-Benz is joining forces with Mastercard to introduce embedded in-car payments at the point of sale.
Lemon Way nets €10m to support European expansion
Pan-European payment institution Lemon Way has netted €10m in funding led by Breega Capital.
Could Christmas be the death knell for credit card payments?
A recent report by Klarna has found that one in two UK consumers are planning to discard their credit card entirely for Christmas shopping this year.
Ant Financial ups its biometrics game with $70m EyeVerify buy
Alibaba FinTech subsidiary Ant Financial is boosting its biometric capabilities through the acquisition of Kansas City-based EyeVerify.
Healthcare payments app Cedar nets $102m in its Series C round
Cedar, a FinTech helping to simplify the financial experience for patients, has netted $102m in its Series C round, which was led by Andreessen Horowitz.
TransferWise teams up with Alipay to improve its money transfer services in China
London-based TransferWise is the latest FinTech company to team up with Alibaba-owned Alipay.
Mazkara Internet buys Indian app startup BazingaLabs
Mazkara Internet has acquired mobile technology startup BazingaLabs, which has developed an app for users to find and book experiences, in a part equity, part...