Paytm gears up for mega IPO, files DRHP to raise $2.2bn
One97 Communications, parent company of digital payments platform Paytm, filed its draft red herring prospectus (DRHP) with market regulator Securities and Exchange Board of India (Sebi).
ProjectPay unveils platform to streamline construction industry payments
UK payment platform ProjectPay has introduced a software-as-a-service (SaaS) platform to help simplify and streamline payments in the building and construction industry.
Boubyan unveils mobile-only Islamic bank in UK market
Kuwaiti-based Boubyan Bank has introduced a digital-centric, Sharia-compliant bank in the UK.
Alessa chosen by payments firm Vitesse to bolster transaction security
International payments provider Vitesse has picked Alessa by Tier1 Financial Solutions to help enable secure real-time global payment transactions.
Tinvio said to raise $12m to develop financial services for supply chain merchants
With the aim to launch financial services, including financing and credit card issuing, Singapore-based startup Tinvio raised a $12m Series A led by AppWorks Ventures.
Collective Benefits rakes in £6m to aid expansion, bolster worker safety net
UK Insurtech startup Collective Benefits has secured £6m in a funding round led by US venture firm NFX.
Mastercard, Verizon team to introduce 5G to payments market
Mastercard and Verizon Business have entered a strategic partnership aimed at bringing ‘transformational solutions’ to the global payments and commerce industry.
Nium said to raise $80.4m for its ongoing Series D
Financial infrastructure platform Nium has reportedly secured $80.4m in its ongoing Series D round.
Apple and Goldman Sachs to launch Klarna-like buy now pay later service, Apple Pay...
Apple is working on a service that will let users pay for purchases in instalments in partnership with Goldman Sachs, sending shares of Afterpay and other buy now, pay later (BNPL) companies sharply lower.
NatWest unveils carbon footprint feature aimed at tracking user climate impact
NatWest has launched a new carbon footprint tracking feature for its app users to help customers lower the climate impact of their spending.
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