Revolut rolls out direct debit service in the UK
Having already unveiled the ability to set up euro direct debits last year, Revolut has now added the feature to UK pounds.
This is how internet payment methods differ around Europe
While the UK and France may prefer credit cards and e-wallets, the rest of Europe would rather pay other ways when buying things online.
Viva Republica said to raise $173m in new investment round
South Korea-based peer-to-peer money (P2P) transfer platform Viva Republica has reportedly raised $173m in a new funding round.
Paytm transforms android phones into contactless card payment machines with new launch
India-based digital payments provider Paytm to allow merchants and retailers use an Android phone as a payments machine for near field communication credit and debit card payment transactions.
Jared Leto and Will Smith back teen banking startup Step in $100m round
Teen payment and banking firm Step raised $100m in Series C funding led by General Catalyst.
Does regulation pose a threat to buy now, pay later market growth?
The BNPL market has seen a financial boon in recent years, creating market leading behemoths like Klarna, Affirm and Afterpay – who are all recording strong growth on the back of clear market demand. Could a growing call for regulation in the sector change this?
Mox, Mastercard team to launch new tool to simplify card payment process
Hong Kong virtual bank Mox has partnered with Mastercard to introduce a new tool that allows Mox users to flip between spending on an all-in-one debit and credit card.
APEXX Global adds four new global brands to BNPL service
Payment platform APEXX Global has revealed that four new buy now, pay later (BNPL) firms have joined its BNPL Connect aggregator.
Rogue mobile banking app presence records 140% year-on-year hike
A report by Outseer has found the presence of rogue mobile banking apps increased 140% compared to the same time in 2020.
James Corden-backed Imprint lands ?38m from Series A funding haul
Branded payments company Imprint has secured ?38m from a Series A funding round backed celebrity James Corden and payment giant Stripe.