Paytm transforms android phones into contactless card payment machines with new launch
India-based digital payments provider Paytm to allow merchants and retailers use an Android phone as a payments machine for near field communication credit and debit card payment transactions.
Hellenic Bank teams up with Backbase to launch retail banking app
Cypriot bank Hellenic Bank launched new online retail banking platform, built in partnership with Engagement Banking technology provider Backbase.
FinTech AeroPay scores $5m in funding to support payments in cannabis industry
Digital payments platform AeroPay closed a $5m funding round led by Chicago Ventures.
Two-thirds of European firms feel let down by banking provider during pandemic
A survey by Parliament Street Think Tank has found up to 66% of SMEs feel they have been let down by their banking provider during the Covid-19 crisis.
Digital wallet Eco bags $26m in new funding round led by Andreessen Horowitz
Digital cryptocurrency platform Eco raised $26m in a funding round led by Andreessen Horowitz's a16z Crypto.
TerraPay expands to USA and Canada to ease real-time cross-border payments
Digital payment provider TerraPay will now offer real-time bank payments in the USA and Canada to facilitate better cross border remittances.
Mox bolsters banking offering with new BNPL service
Hong Kong virtual bank Mox has introduced a new buy now, pay later (BNPL) solution that can split purchase payments over a 36-month period.
Payments firm Flywire closes $60m Series F round
International payments company Flywire has closed a $60m Series F funding round to continue its international development.
FinTech startup Revolut launches banking operations in ten additional countries
Global money-transfer platform Revolut has operationalised its European specialised banking licence in ten additional countries.
Paysend enters into global partnership with Mastercard to boost cross border payments
FinTech firm Paysend teamed up with Mastercard to boost its global market reach and enhance its customer base.
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