Mobile Payments

UK FinTech giant Revolut is to use Stripe, a financial infrastructure platform for businesses, to support payments in the UK and Europe and accelerate its expansion into new markets.

FinTech firm Paysend teamed up with Mastercard to boost its global market reach and enhance its customer base.

Digital banking platform aimed at Black and Latino communities, Greenwood raised $40m in a Series A funding round led by Truist Ventures.

Last year, the EU started to roll out its strong customer authentication (SCA) rules to make it safer to buy things online, but it seems it is making customers abandon their purchases, according to new Microsoft research.

Swedish FinTech unicorn Klarna is "continuing to invest strategically" by buying Nuji for an undisclosed amount.

Humble brags and low key trolling are some of the ingredients of a small Twitter spat between the leaders of two of the UK’s leading FinTech companies.

MYPINPAD, a mobile-based payments acceptance and digital authentication solution, has merged with payments and agency banking solution SmartPesa.

Mobile payment startup KogoPAY has completed its crowdfunding campaign, pulling in £205,400.

Research by FinTech firm YouLend has found PayTechs and website and webshop providers have overtaken banks as the most important business partner for SMEs.

The Mumbai-based payments service was acquired by the e-commerce giant in April 2015 for $400m and competes with in the region with Alibaba-backed Paytm.