Gen Z and Millennial spending share to grow 48% by 2030, Afterpay report finds
A quarterly report by the buy now, pay later (BNPL) business Afterpay has estimated that spending share by Millennials and Gen Z will grow to almost 50% by 2030.
Revolut unveils earned wage platform to provide instant money access
UK FinTech firm Revolut is set to launch Payday, an earned wage access platform that will enable employees to track and have instant access to the money they have earned.
Sightline Payments becomes ‘Nevada’s first FinTech unicorn’ after latest funding round
Las Vegas-based company that offers digital payments tools in the sports betting and casino gaming market, Sightline Payments completed a $244m funding round valuing it at over $1bn.
Crypto firm MobileCoin notches $66m to develop privacy-focused digital payments
Crypto-focused digital payment ecosystem MobileCoin has closed a $66m funding round as part of a wider effort to bring more of its products and services to the market.
Boku eyes simplified mobile payments market with new network launch
Carrier billing business Boku has unveiled a mobile payments network that it claims will reach 5.7bn payment accounts in 90 countries.
M-DAQ receives $147m investment from private equity firm
M-DAQ, a Singapore-based currency tracer, has received a SGD 200m ($147m) investment from Asia-dedicated private equity firm Affinity Equity Partners.
Travel FinTech Hopper hauls in $175m at $3.5bn valuation amid travel rise
Canada-based mobile-first travel marketplace Hopper completed a $175m Series G financing.
Cross-border QR payments introduced in Thailand, Indonesia in pilot trial
A trial conducted by central banks in Thailand and Indonesia will see the implementation of cross-border QR payments across both countries.
PayTech funding on track for a new funding record as COVID-19 Pandemic and economic...
Buy-now-pay-later boom contributes to growth as companies in the area raise four out of the ten largest deals in H1
Business payment acceleration firm Branch nets $540m in Lee Fixel’s Addition-led round
Branch, which has built a flexible workforce payments platform, raised $48m in Series B funding and closed on a $500m credit facility.