PayTech

Plastiq has raised a $75m Series D round

Credit card payment company Plastiq has attracted $75m in fresh capital to grow its team, develop more solutions and help small businesses to pay their suppliers, which may be getting trickier during the coronavirus crisis.

Brex completes three acquisitions as it continues growth efforts

Corporate credit card company Brex has completed three acquisitions which will add “meaningful engineering and product talent to its ranks.”

Nearly 80% of Payments & Remittances investment since 2015 has come from transactions over...

?Total funding in the sector over the last five years surpassed $66bn as digital payment methods become more common.

Could the coronavirus be the push the UK needs to become cashless?

Britain has fallen behind other countries like Sweden when it comes to removing physical money from its economy. However, the COVID-19 outbreak might change that.

How the coronavirus will affect different segments of the FinTech industry

As COVID-19 rages on across the world, the affects on the FinTech segment of the economy is already letting itself be known.

Samsung Pay passed the two million transaction milestone in South Africa last month

Mobile payment provider Samsung Pay has celebrated passing a significant milestone in Africa.

Barclaycard to increase contactless payments cap

Barclaycard is set to increase the spend limit for contactless payments to £45 from 1 April 2020.

FinTech unicorns and startups to face a coronavirus-created “vicious cycle” that could slash their...

The global COVID-19 outbreak could worsen business and funding conditions as well as changing private FinTechs’ exit options, according to a new report.

TransferWise teams up with Alipay to improve its money transfer services in China

London-based TransferWise is the latest FinTech company to team up with Alibaba-owned Alipay.

VibePay releases new payment tool to help “social sellers”

Social payments app VibePay has released a new service which enables users to request payments from anyone, not just through their contacts list.

News Stories

APP

How the PSR’s new fraud cap could change the game for APP scam victims

The PSR has announced a significant update in the fight against APP scams, revealing a forthcoming adjustment to the reimbursement cap for victims.
compliance

Leveraging compliance for competitive advantage in finance

In today's rapidly evolving financial environment, mere regulatory adherence is insufficient for firms aiming to lead the market.
NGFS

NGFS launches Version 2.0 of data directory to tackle climate finance risk

The NGFS Data Directory, an initiative led by major financial institutions including the BIS Innovation Hub Singapore Centre, the MAS and the Bank of France, aims to fortify the global financial sector against the burgeoning threat of climate change.
Bank of London

Bank of London secures £42m in oversubscribed funding round

Bank of London, a UK-based clearing bank and embedded banking service, has announced a successful £42m funding round.
MSIG Asia, a leading general insurance provider, has announced a new regional collaboration with Serenity Health Partners to transform the health insurance landscape.

MSIG partners with Serenity to reshape health insurance landscape in Asia

MSIG Asia, a leading general insurance provider, has announced a new regional collaboration with Serenity Health Partners to transform the health insurance landscape.

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