P2P Payments

Close to half of all transactions expected to contactless by end of 2022

A report by VoucherCodes has found 47% of all transactions are expected to be contactless by the end of 2022.

UK contactless payment limit set to climb to £100 by October 2021

People in the UK will be able to make contactless payments up to a new limit of £100 from the 15th of October 2021.

How financial institutions can succeed in mobile banking post-pandemic

A OneSpan blogpost has underlined how financial institutions (FIs) can compete in the mobile banking sector following the shifts brought about by the Covid-19 pandemic.

PayTech PawaPay scores $9m in seed capital to scale presence

African payments firm PawaPay has raised $9m from a seed funding round led by MSA and UK investment fund 88mph.

Fiserv, Selecta partner to bolster cashless payments footprint in EU

FinTech firm Fiserv has collaborated with self-service retailer Selecta to enhance and streamline digital payments across Selecta’s points-of-sale.

Alerzo bags $10.5m in Nosara-led Series A

Nigerian FinTech Alerzo has raised $10.5m from a Series A funding round led by Nosara Capital.

Zepz looks to new geographies following $292m Series E

UK cross-border payments platform Zepz has secured $292m from a Series E funding round that has pushed its valuation up to $5bn.

Klarna expands European presence with Poland launch

Buy now, pay later (BNPL) firm Klarna teamed with H&M to launch its app and its Pay in 30 days BNPL option in the Polish market.

Revolut unveils earned wage platform to provide instant money access

UK FinTech firm Revolut is set to launch Payday, an earned wage access platform that will enable employees to track and have instant access to the money they have earned.

Sightline Payments becomes ‘Nevada’s first FinTech unicorn’ after latest funding round

Las Vegas-based company that offers digital payments tools in the sports betting and casino gaming market, Sightline Payments completed a $244m funding round valuing it at over $1bn.

News Stories

FinTech investment soars to $2.03bn in powerful week for the sector

There was a grand total of $2.039bn raised across FinTech deals this week, with FinTech Global reporting on 27 key rounds. This funding haul...
Increase launches FDIC-member bank for FinTech builders

Increase launches FDIC-member bank for FinTech builders

Increase, a banking infrastructure and API provider used by FinTech companies including Gusto, Ramp and Stripe, has launched Increase Bank, an FDIC-member banking institution...

Ortec Finance: fixing the climate risk gap in portfolios

As climate risk climbs the agenda for pension funds, insurers and asset managers, investors are seeking to embed climate considerations across the entire investment...
KYCP moves to fix broken onboarding with COT 2.1.6

KYCP moves to fix broken onboarding with COT 2.1.6

Client onboarding remains one of the most friction-heavy stages in the compliance lifecycle, and abandoned or error-ridden applications carry a real cost for regulated...
WealthReach buys AdvisorRankings to boost AI search visibility

WealthReach buys AdvisorRankings to boost AI search visibility

WealthReach, an AI-powered organic growth platform serving registered investment advisors (RIAs) and wealth management firms, has acquired AdvisorRankings, an agency specialising in SEO and...

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