Global P2P payment market to be worth $4.49bn in 2027
The global person-to-person payment market is set to grow tremendously in the next seven years to reach a value of $4.49bn in 2027, according to new research.
Global cloud billing market to be worth $6.5bn by 2025
The global cloud billing market is expected to grow from being worth $3bn in 2020 to reaching a value of $6.5bn in the next five years, according to new research.
Fast is reportedly looking to join the unicorn club a year after securing seed...
Stripe-backed Fast is reportedly in talks to secure its unicorn status just one year after it first secured its seed funding.
Mercury PSI completes integration and rebrands to Nets
South East European payment processing company Mercury PSI became part of Nets in early 2019 and has now fully integrated with the business and rebranding as Nets.
Bango teams up with BT
Data-driven commerce company Bango is teaming up with BT to help the UK telecom giant deliver a range of third-party products and services to its customers.
Chinese regulators halt Ant’s IPO
The Ant Technology Group's public listing was expected to be the biggest IPO ever, but now Chinese regulators have suspended the stock market debut.
Payment giant Nexi in talks to buy Nets Group
US private equity house Hellman & Friedman is in exclusive talks to sell European payments company Nets Group to Italy’s Nexi in a deal which could value the company's equity at about $8bn.
ESMA criticises German regulators on how they supervised Wirecard
German regulators didn't do enough when they supervised the collapsed FinTech giant Wirecard, the EU’s securities markets regulator reports.
PayPal stocks fell yesterday despite its quarterly earnings beating expectations
Payment processing giant PayPal's share price went down in after hours trading even though the company beat expectations in its quarterly earnings report.
UK FinTech Curve opens New York office ahead of its planned autumn US launch
The British all-cards-in-one solution provider Curve is planning to go across the pond in the fall and has taken a clear step towards it with the opening of its first US office.