PayTech

This is how internet payment methods differ around Europe

While the UK and France may prefer credit cards and e-wallets, the rest of Europe would rather pay other ways when buying things online.

MoneyGram saw the number of transactions skyrocket in the first quarter of 2020

Global money transfer company MoneyGram saw the number of transactions being made through its platform grow by 60% year-over-year through February.

Viva Republica has been granted preliminary licence to operate as mobile brokerage

South Korean peer-to-peer money transfer company Viva Republica is one step closer to becoming the nation’s second FinTech company allowed to operate a platform-based brokerage service.

Revolut launches new app Revolut Junior to tech kids the skills they need to...

UK challenger bank Revolut is the latest company to launch a service for teaching kids how to manage their money.

Payhawk said to raise €3m in seed round

Bulgarian FinTech Payhawk has reportedly raised €3m in seed funding as it looks to increase its presence in Germany.

Payments app for teenagers Fampay said to close round on $4.7m

Fampay, a payments app aimed at teenagers, has reportedly bagged $4.7m in seed funding which was led by Y Combinator, Venture Highway, Sequoia India and Founders Capital.

SpotOn Transact nets $50m in its Series B

SpotOn Transact, a payment solution developer, has netted $50m in its Series B round.

Mobile point-of-sales terminals market revenues expected to grow roughly 30 times by 2027

Europe is expected to lead the growth of the mobile point-of-sales (mPOS) terminals market as it climbs more than 30 times over in the next seven years.

PhonePe partially spins out of Flipkart and raises $700m

PhonePe is partially spinning out from Flipkart and has raised $700m in a round led by Walmart and supported by prior investors.

Wirecard and Klarna ink new deal to give merchants even more payment options

Swedish PayTech unicorn Klarna and Wirecard, the FinTech company, have launched a joint payment solution.

News Stories

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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.
compliance

How new regulations and tech are shaping financial crime compliance

The landscape of financial crime compliance is rapidly transforming. Amidst political upheavals and technological advancements, the cost of compliance has become an integral part...

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