Mobile Payments

French FinTech startup Vybe has raised $2.9m from a funding round to build a challenger bank service for teenagers.

Digital payments platform AeroPay closed a $5m funding round led by Chicago Ventures.

Facebook Messenger introduced Venmo-like QR Codes and personalised payment links in a bid to enable person-to-person payments with Facebook Pay.

Merchant payments and financial services provider BharatPe raised $370m in a primary and secondary mix, as a part of a Series E funding round led by new investor New York-based Tiger Global Management.

French mobile payments app Lydia has revealed bold plans to launch a new mobile bank proposition and plunge €100m into the offering.

Revolut has recently unveiled an innovative artificial intelligence (AI) tool aimed at combating authorised push payment (APP) fraud, a sophisticated scam where criminals deceive individuals into willingly transferring money into fraudulent accounts.

FinTech startup Razorpay is reportedly in talks with existing investor Singapore investment fund GIC to raise circa $150m to $200m in a new financing round.

Turkey-based online payments platform Mobilexpress has reportedly netted $2m in its Series A round.

There’s no need to paws fur effect for Klarna’s new treat for Big Smoke dog owners.

Visa's $5.3bn acquisition of Plaid was supposed to be one of the biggest FinTech deals this year, but the US Department of Justice seems dead set against it and has filed a suit to stop the deal.