PayMongo raises $2.7m from Stripe, Peter Thiel and Y Combinator
Online Philippine payment provider PayMongo has raised $2.7m in order to leverage the country’s central bank’s ambition to go increase cashless payments by 20%.
How did Singapore beat China to become Asia’s biggest FinTech investment destination?
Singapore is hotbed for FinTech innovation that has overtaken China as the biggest investment destination in the region. However, its leadership position is far from certain.
Onepay launches integrated lifestyle and financial mobile app in Myanmar
Myanmar-based, Onepay has just been launched with the support of Asia Green Development Bank (AGD)
American Express to launch online payments services
American Express is planning to launch a service to enable UK consumer quickly and securely pay for goods and services online and on the go directly from their bank account.
Commerzbank cuts 4,300 jobs in company revamp that will see it “invest significantly in...
Frankfurt-based Commerzbank will reduce its workforce by 4,300 people and close 200 branches amidst struggles with falling revenues.
Stripe lands $35bn valuation after closing a new $250m Series F funding round
The payment processing unicorn Stripe has joined the Silicon Valley elite after netting a $250m funding round and a $35bn valuation.
iPad POS solution TouchBistro raises CAD $158m in funding round
TouchBistro, an iPad POS and integrated payment solution for restaurants, has raised CAD $158m ($118.9m) in its Series E.
Google moves to leverage the Indian growth of digital payment with new Google Pay...
Google Pay is expanding in India with a new platform for merchants. The Spot Platform will empower businesses owners to create branded commercial experiences that bridge the offline and online worlds.
Petal secures a new $300m debt facility from Jefferies
Credit card startup Petal has received $300m in debt capital from global investment bank Jefferies, adding to a previous $30m facility last year.
Rocket Internet nets $605m as the German FinTech sector could overtake the UK after...
The backer and incubator of several FinTech companies Rocket Internet has had a smashing start of 2019.