Mobile wallet market expected to be worth $7.58trn by 2027
The mobile wallet market size was valued at $1.04trn in 2019 and is projected to reach $7.58trn by 2027, growing at a compound annual growth rate of of 28.2% from 2020 to 2027, according to new research.
These 36 FinTech deals from the last week show that the sector is not...
While the downfall of Wirecard may the big story in the FinTech industry, it would be a mistake to not take a closer look at the investment rounds announced in the sector over the past seven days.
Germany’s finance minister calls for more intense scrutiny from regulators after the Wirecard scandal
As the Wirecard scandal continues to cause shock waves across the FinTech industry, Germany's lawmakers are calling for a total revamp of the regulatory oversight system.
Payments platform Banked reportedly secures $2.35m in seed round
Banked, which support real-time payments, has reportedly secured $2.35m in a seed funding round led by Force Over Mass.
Surf Bank Brazil picks Paygilant to strengthen its fraud prevention capabilities
Mobile payments fraud-prevention and authentication provider Paygilant has been tapped by digital bank Surf Bank Brazil to help it fight fraud.
Police raid Wirecard’s Munich headquarters properties in Germany and Austria as the scandal continues
Following the collapse of Wirecard last week, the German FinTech is now facing intense scrutiny from the authorities.
Businesses to drive total virtual cards transactions growth by 3x to reach $5trn by...
Transactions processed by virtual cards is expected to treble over the next five years to exceed a colossal $5trn, a new study from Juniper Research claims.
Nigerian FinTech Wallets Africa closes funding round as it looks to boost growth in...
Nigerian-based FinTech Wallets Africa, which gives consumers an app to manage their money, has closed a new investment round as it looks to grow its presence in Africa.
How will the Wirecard scandal affect the FinTech sector?
The collapse of Wirecard has sent shock waves through the FinTech industry, cut customers off from their money and raised some serious questions about the role of regulators.
PayTech RS2 enters Latin America through a new partnership with MOViiRED
FinTech in Latin America is getting really hot and RS2 has taken steps to not miss out on the opportunities in the region.