Viva Republica said to raise $173m in new investment round
South Korea-based peer-to-peer money (P2P) transfer platform Viva Republica has reportedly raised $173m in a new funding round.
Tencent and UnionPay team up on mobile payments
A new partnership between Tencent and UnionPay will see them integrate QR codes in their offerings.
Meet the 16 startups selected for Accenture’s new FinTech Innovation Lab London cohort
Accenture has picked 16 new promising startups from such varied disciplines as InsurTech, RegTech, open data and capital markets to take part of its UK-based accelerator programme.
KogoPAY completes crowdfunding campaign
Mobile payment startup KogoPAY has completed its crowdfunding campaign, pulling in £205,400.
Telleroo becomes Tribe Payments’ first Bankbox customer
Tribe Payments, the PayTech startup, has unveiled the first client using its new API-led banking solution.
PayPal has closed the $4bn acquisition of Honey Science Corporation
Having first been announced in November 2019, PayPal has now finalised its acquisition of the rewards and shopping platform Honey Science Corporation.
HyperPay closes funding to support growth across Egypt and GCC
HyperPay, a Saudi Arabia-based payment service provider, has closed an eight-digit funding round.
InstaReM to offer e-KYC services to customers in Malaysia
InstaReM, a cross-border payments company, will offer free electronic-Know Your Customer (e-KYC) to residents of Malaysia.
PayPal becomes first foreign payments platform in China after latest acquisition
Payments giant PayPal has acquired a 70% stake in China-based payment gateway GoPay.
Curve launches free money transfer service
Payments company Curve has released a new service which enables a user to send and receive money from any account to any account without any charges or conversion fees.