PayTech

UK-based payments scaleup GoCardless has launched a US debit solution.

Last week the Australian senate announced it would launch a new select committee to ensure the FinTech and RegTech sectors keep growing and remain compliant. Now, industry leaders have revealed what they think about it.

The world is in the midst of a cashless payment boom. However, many banks will not take the steps to embrace open banking and fear the looming threat of big tech companies’ competition.

The Alibaba founder has left his role as a chairman of the e-commerce giant in way that can provide some tips for other founders on how to create their own succession plans.

The global payments industry could cash in on an additional $500bn by 2025, but at the same time old school bankers could lose $280bn of that by not adopting new technology.

Trigo is an autonomous checkout startup and has just announced that it has raised a $22m early-stage funding round.

Square, the FinTech company founded and led by Twitter CEO Jack Dorsey, is launching a new stock-trading function on its Cash App, which will compete with Robinhood.

Nigeria is at the centre of Africa’s FinTech revolution. Native Carbon aims to play a pivotal role in creating a thriving ecosystem where men and women have access to financial services.

The Nigerian challenger bank Kuda has raised $1.6m in a pre-seed investment round after launching the beta version of its online mobile finance platform and getting a banking licence from the Nigerian Central Bank.

Slyp, an Australian enterprise specializing in digital recipes, have completed a $4m investment round.