Experian snaps up InsurTech, PayTech firms in $353m acquisition sweep
Credit rating agency Experian has acquired insurance aggregator Gabi and digital payments business PagueVeloz for a combined sum of $353m.
Klarna and Samsung Electronics sign UK partnership
Samsung Electronics and Klarna have announced a partnership to give customers three new ays to pay for products and services.
Paymob secures $3.5m in funding to help bolster financial inclusion in Egypt
Egyptian digital payments company Paymob has secured $3.5m in its funding round, which was led by Global Ventures and Dutch Entrepreneurial Development Bank FMO.
Tinvio said to raise $12m to develop financial services for supply chain merchants
With the aim to launch financial services, including financing and credit card issuing, Singapore-based startup Tinvio raised a $12m Series A led by AppWorks Ventures.
Amazon to offer BNPL services to its US market through Affirm alliance
Global retail giant Amazon has partnered with buy now, pay later (BNPL) company Affirm to provide its US customers with a BNPL option at the checkout.
Expat banking solution Denizen shuts down after failing to scale
Denizen is shutting down barely three years after the global banking solution first saw the light.
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.
Bango teams up with BT
Data-driven commerce company Bango is teaming up with BT to help the UK telecom giant deliver a range of third-party products and services to its customers.
Safaricom, Vodacom acquire African payments company M-PESA in joint venture
Kenyan mobile network Safaricom and Vodacom, the South African division of Vodafone, have acquired phone-based money transfer service M-PESA.
Digital wallets to drive £11bn in online spending by 2026
A recent report by payment service provider Emerchantpay has discovered digital wallets will account for £11bn in online consumer spending by 2026.
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