PayTech

Nuvei, a pioneering force in the global payments landscape, has announced a landmark agreement to transition to a private entity under the stewardship of Advent International.

Innoviti Technologies, a Bengaluru-based startup, has successfully raised INR 40 crore in a Series E funding round.

The Bangko Sentral ng Pilipinas (BSP) has introduced the Manual of Regulations for Payment Systems (MORPS),

nsave SA, a Swiss FinTech company, has successfully closed its first round of seed funding, securing a significant $4m investment.

In an era where digital borders are increasingly becoming a thing of the past, a recent report by Airwallex, in collaboration with Edgar, Dunn & Company, has highlighted a significant trend: a surge in cross-border spending.

The UK is on the brink of a transformative period in the payment sector, heralded by the burgeoning adoption of digital wallets. This shift is illuminated in Worldpay®'s Global Payments Report 2024, which underscores the UK's pivotal role in the European digital wallet landscape.

Micropayment, a Berlin-based payment service provider, has joined forces with Tink, a leading payment services and data enrichment platform.

LemFi, a UK-headquartered international payments company, and Visa Cross-Border Solutions, a division of Visa specialising in cross-border money movement, have recently inked a deal aimed at expanding LemFi's global footprint.

Philippine neobank Zed introduces pioneering "no-fee" credit card, securing $6m in funding

Revolut Business, renowned for providing tailored financial services for companies, has unveiled a new Point of Sale (POS) system.