P2P Payments

British H&M customers can now buy new threads and pay later thanks to a new solution provided by Klarna, the Swedish FinTech unicorn.

Indian FinTech unicorn Paytm lost $549m in the financial year ending in March.

Hot on the heels of the news that it has become Europe’s biggest FinTech unicorn, Klarna is gearing up for further growth with a new partnership.

Payment platform PayPal has removed an account used by the Ku Klux Klan to raise money.

Online banking payments platform Trustly has partnered with business-to-business e-commerce platform Alibaba.

Revolut has announced plans to open a customer operation centre in Porto, Portugal. The move will create 400 new jobs, according to the payments app.

Payments company Rapyd has added TNG FinTech Group, the Hong Kong-based e-wallet and e-money platform provider, to its network.

Digital payments solutions company Wirecard has joined forces with WHSmith. Together, the two aim to give the retailer more opportunities to cash in on digital payments.

Toronto-founded SnapPay, the provider of international payment solutions, is now offering small and independent businesses the opportunity to implement the Chinese payment applications Alipay and WeChat Pay.

OP Bank and Telia have trialled their new facial recognition payment service with an ice cream van.