P2P Payments

Digital payments infrastructure platform Extend has secured $40m from a Series B fundraising round.

Precision payments platform Anomaly has netted $17m in seed and Series A funding as it looks to bolster its market footprint.

Usage of digital payments in Europe is expected to rise by 70% in the next five years, as the global e-commerce landscape becomes worth $6.9trn.

A recent study by card issuing platform Marqeta has examined the potential roadblocks and innovations that may arise over the next decade in the payments industry.

Payment infrastructure builder XanPool has raised $27m from a Series A funding round led by Valar Ventures.

A recent study by payments-as-a-service platform Modulr has found 65% of over 65s are open to using new financial services or payment methods for convenience.

A study by Juniper Research has found the transaction value of business-to-business domestic payments across payment methods is expected to surpass $54trn in 2023.

Standard Chartered has inked a 10-year partnership with Atome Financial to help the company introduce its buy now, pay later (BNPL) service in select Asian markets.

A report by McKinsey has outlined the key challenges financial companies facing from the rise of central bank digital currencies (CBDCs).

Mastercard has partnered with Digital PayGo to introduce a new mobile payments solution to help Zambian SMEs make and receive digital payments more safely.