Finexio secures $23m in new investment round
Payments as a service company Finexio has netted $23m in a round led with a strategic investment from Medalist Partners, an alternative credit manager based in New York.
Visa buys stake in Global Processing Services
Payment giant Visa has made a strategic investment into Global Processing Services (GPS), a payments issuer processor.
African DPO Group saw a 35% jump in Black Friday online payments
FinTech in Africa is on the rise. The latest sign is DPO Group noticing a 35% spike in digital transactions during Black Friday in South Africa.
Clair partners with MetaBank, Galileo to expand user accessibility
US FinTech Clair has partnered with sponsor bank MetaBank and payments processor Galileo to bolster user accessibility on its platform.
Messenger adds custom QR codes for P2P Facebook Pay transactions
Facebook Messenger introduced Venmo-like QR Codes and personalised payment links in a bid to enable person-to-person payments with Facebook Pay.
Mastercard, Billetera team to provide digital payments in DR Congo
Payments giant Mastercard has collaborated with Billetera to offer digital payments to consumers in the Democratic Republic of Congo (DRC).
Kasikornbank enters $50m partnership to support Grab’s FinTech expansion
Kasikornbank has made a $50m strategic investment in Thai ride-hailing business Grab, as it expands its reach on Southeast Asia’s FinTech market.
American startup digital bank Zenus Bank now has a permit to operate as a...
Challenger bank Zenus Bank has been permitted to act as a bank, taking it one step closer to its stated goal of enabling remote banking access for people around the world.
PayPal suspends Ku Klux Klan fundraising account
Payment platform PayPal has removed an account used by the Ku Klux Klan to raise money.
Xendit secures $64.4m in its Series B round
Xendit, which designs digital payments infrastructure for Southeast Asia, has collected $64.6m in its Series B round.
© FinTech Global © Copyright 2024. All rights reserved.
