PE fund backs Kenyan payments firm DPO Group
East African payments processor Direct Pay Online Group (DPO Group) has received an investment from Apis Partners.
PayPal buddies with UnionPay for European payments
PayPay is making it easier for European e-commerce companies to attract Chinese customers through a partnership with UnionPay.
Ant Financial ups its biometrics game with $70m EyeVerify buy
Alibaba FinTech subsidiary Ant Financial is boosting its biometric capabilities through the acquisition of Kansas City-based EyeVerify.
Iatai swipes $5m for Latin American and Caribbean services
Iatai Enterprises, a FinTech and InsurTech company serving Latin America and the Caribbean, has raised $5m in a funding round. The capital comes from private equity fund CASEIF III LP.
Paytm pockets $60m of $300m target
One97 Communications, which operates Indian m-commerce platform Paytm, has raised $60m as a first step towards reaching a targeted $300m for its new round of funding.
AliPay and WeChat granted Hong Kong digital wallet licenses
Two of China biggest mobile payments players AliPay and WeChat, have won approval to operate digital wallets in Hong Kong. It seen as a major step towards international expansion.
BluePay taps CardFlight for mobile EMV solution
US payment processing firm BluePay is partnering with New York startup CardFlight to bring its EMV mobile point-of-sale (POS) solution to clients.
Pharmacy group CVS launches own mobile pay app
US pharmacy chain operator CVS has rolled out a new mobile payment solution for customers in-store and online.
Mozido brings mobile wallet to Taiwanese banking consortium
Taiwan’s banks are taking another step towards creating a cashless society and partnering with mobile payments provider Mozido to adopt its HCE technology.
Ding enters French mobile top-up market with Transfert Crédit buy
Global mobile top-up group Ding has gobbled up smaller sector player Transfert Crédit getting access to the French market.
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