Cashless payments on the rise in Russia
For the first time ever, Russians completed more cashless payments in a quarter than they did with physical cash, according to research from Sberbank.
Klarna is launching in Australia and grabs $200m in new investment from Commonwealth Bank
The Swedish FinTech unicorn Klarna is launching in Australia with the backing of one of the country’s four biggest banks.
Axle said to raise $1.4m in pre-seed funding
Axle, a payments service for small freight brokers, has reportedly secured $1.4m in its pre-seed funding round.
Subway serves up new partnership with FinTech Adyen to its North American franchisees
Global PayTech company Adyen has been picked as Subway’s new payment partner in North America.
Crédit Agricole acquires FinTech Linxo Group
French bank Crédit Agricole has announced its plans to buy the Linxo Group, the FinTech startup launched in 2010.
Singapore introduces new payment regulation
The Monetary Authority of Singapore (MAS) has launched the new Payment Services Act (PS Act) which bolsters consumer protections within electronic payments.
European Curve customers can soon enjoy using Apple Pay through the all-in-one payment solution
UK FinTech startup Curve has added another huge payment provider to its roster in its efforts to bring all different payment solutions and cards under one roof.
Cross-border payment tech developer Currencycloud collects $80m in round
Cross-border B2B payments company Currencycloud has collected $80m as it looks to enter the next phase of its growth.
Pine Labs secures investment from Mastercard
Pine Labs, a payment acceptance software builder, has received an investment from Mastercard as part of a new partnership.
MoneyGram International signs partnership with Suez Canal Bank
The cross-border payments and money transfers company MoneyGram International will strengthen its grasp of the Egyptian market through its new partnership with Suez Canal Bank.
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