P2P Payments

Visa has entered an agreement to purchase cross-border payments technology provider Currencycloud for a total of $700m.

Cross-border payment technology developer CurrencyCloud has recently posted a blogpost detailing the ‘rise and evolution’ of invoice finance.

UK FinTech firm Revolut has widened its market presence after it rolled out a booking service for the travel industry.

UK PayTech firm Soldo has closed a $180m Series C funding round led by investor Temasek.

Mastercard has launched a payment gateway created to provide easier access for companies that connect to the UK’s Faster Payments Network.

A study by Juniper Research has found around 53% of the global population will access digital banking services in 2026.

UK FinTech Novus has secured regulatory approval from the Financial Conduct Authority (FCA) to launch as a company later this year.

One97 Communications, parent company of digital payments platform Paytm, filed its draft red herring prospectus (DRHP) with market regulator Securities and Exchange Board of India (Sebi).

UK payment platform ProjectPay has introduced a software-as-a-service (SaaS) platform to help simplify and streamline payments in the building and construction industry.

Kuwaiti-based Boubyan Bank has introduced a digital-centric, Sharia-compliant bank in the UK.