Mobile Payments

Nigeria-based payments app Paga bags $10m Series B2

Nigeria-based payments company Paga has raised $10m in a Series B2 round led by the Global Innovation Fund.

Jaja launches mobile credit card following £7m funding

Mobile-based credit card Jaja Finance has launched its product following the close of a £7m funding round.

China-based payment company Blackfish raises $50m in Series A+

Blackfish, a China-based e-commerce and mobile payments solution, has raised $50m in its Series A+ round.

WeChat launches its payment services in Malaysia

China-based social communication giant WeChat has launched its payment services in Malaysia.

Flipkart said to invest $65m into mobile payments app PhonePe

India-based e-commerce company Flipkart has reportedly invested $65m into its mobile payments app PhonePe.

Australian payments app QPay said to raise $1m in funding

Australian payments app for university students QPay has reportedly netted $1m in funding.

Chase Pay, Samsung Pay partner to offer greater mobile payments support

Chase Pay and Samsung Pay have partnered to enable Samsung Galaxy smartphone users to connect both of their accounts.

Patientco secures $28m in Series B to support product innovation

Patient billing and payments technology business Patientco has secured $28m in its Series B funding round.

Satispay raises €10m in new funding round which is targeting €15m

Satispay, a mobile payments service, has collected €10m for a new funding round which is being raised at a pre-money valuation of €100m.

Lemon Way nets €10m to support European expansion

Pan-European payment institution Lemon Way has netted €10m in funding led by Breega Capital.

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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