Mobile Payments

Payments giant Mastercard has collaborated with Billetera to offer digital payments to consumers in the Democratic Republic of Congo (DRC).

A new study by Juniper Research has highlighted it expects over $20bn in ecommerce losses this year due to online payment fraud – a rise of 18% compared to 2020.

After years of record growth and it briefly being home to Europe's most valuable FinTech, how will Sweden's emerging FinTech ecosystem come out of the Covid-19 pandemic?

Australian mobile payments firm Mr Yum has snared £48m from a Series A funding round led by Tiger Global.

Global currency, account and app Glint has reportedly raised another £3m, having just closed a similar investment in August.

nsave SA, a Swiss FinTech company, has successfully closed its first round of seed funding, securing a significant $4m investment.

The rise of the digital age has brought a plethora of growth opportunities for FinTechs and non-banking financial institutions (FIs). However, many of these entities find themselves ill-prepared to harness these potential gains fully.

One97 Communications, which operates Indian m-commerce platform Paytm, has raised $60m as a first step towards reaching a targeted $300m for its new round of funding.

Xendit, which designs digital payments infrastructure for Southeast Asia, has collected $64.6m in its Series B round.

Teen-focused fintech startup FamPay raised $38m in a Series A funding round, led by Elevation Capital and major participation from existing investor Sequoia Capital India.