Digital wallets to drive £11bn in online spending by 2026
A recent report by payment service provider Emerchantpay has discovered digital wallets will account for £11bn in online consumer spending by 2026.
PayTech Sokin joins Arsenal Football Club as money transfer partner
UK-based global payments provider Sokin has teamed with Arsenal FC to become its new official money transfer partner.
Late payments can create dangerous ‘domino effect’ across entire supply chain
A recent survey conducted by PayTech firm GoCardless found 86% of respondents agreed that one late payment can impact everyone in the supply chain.
Slice launches $27 credit limit cards to tap 200 million users in India
Bengaluru-based consumer credit startup slice unveiled a card that offers a credit limit from Rs 2,000 ($27) onwards, to capture 200 million Indians who struggle with online transactions.
PayPal to acquire Japanese unicorn Paidy in $2.7bn deal as the BNPL race heats...
PayPal is set to acquire Japanese buy now, pay later firm Paidy for $2.7bn as the US payments company looks to expand its reach in the Asian country.
Peter Thiel-backed B2B platform ShopUp inks $75m Series B
Bangladeshi B2B commerce platform ShopUp has secured $75m in a Series B funding round headed by Peter Thiel’s Valar Ventures.
Fluency scores $1.3m in seed funding to grow CBDC blockchain platform
Blockchain start-up Fluency has reeled in $1.3m in seed funding from various unnamed European investors, giving the company a total valuation of $23.5m.
Adflex partners with Signifyd to bolster payment security checks
Business-to-business payments specialist Adflex has teamed with fraud protection company Signifyd to strengthen security checks for its merchant customers.
Wave closes largest Series A round for an African FinTech at $1.7bn valuation
Independent mobile money provider Wave bagged $200m in a landmark Series A round led by Sequoia Heritage, Founders Fund, Stripe and Ribbit, valuing it at $1.7bn.
Green FinTech Sugi unveils carbon-offsetting feature for investments
FinTech startup Sugi has launched a new feature that allows its users to offset the carbon impact of their investments.
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