P2P Payments

The California-based subscription billing platform Recurly has closed a new funding round led by F-Prime Capital, the venture capital firm.

The British FinTech unicorn Transferwise is going across the pond to offer its international payments technology to American customers.

Singapore is hotbed for FinTech innovation that has overtaken China as the biggest investment destination in the region. However, its leadership position is far from certain.

Myanmar-based, Onepay has just been launched with the support of Asia Green Development Bank (AGD)

The payment processing unicorn Stripe has joined the Silicon Valley elite after netting a $250m funding round and a $35bn valuation.

Google Pay is expanding in India with a new platform for merchants. The Spot Platform will empower businesses owners to create branded commercial experiences that bridge the offline and online worlds.

UK-based payments scaleup GoCardless has launched a US debit solution.

The world is in the midst of a cashless payment boom. However, many banks will not take the steps to embrace open banking and fear the looming threat of big tech companies’ competition.

The global payments industry could cash in on an additional $500bn by 2025, but at the same time old school bankers could lose $280bn of that by not adopting new technology.

Nigeria is at the centre of Africa’s FinTech revolution. Native Carbon aims to play a pivotal role in creating a thriving ecosystem where men and women have access to financial services.