PayTech

Flipkart said to invest $65m into mobile payments app PhonePe

India-based e-commerce company Flipkart has reportedly invested $65m into its mobile payments app PhonePe.

Australian payments app QPay said to raise $1m in funding

Australian payments app for university students QPay has reportedly netted $1m in funding.

CurrencyFair acquires Convoy Payments, as part of its move to the Asian market

Cross-border remittance service CurrencyFair has acquired Hong Kong payments company Convoy Payments.

Vista acquires healthcare payment processor Alegeus from Lightyear Capital

Vista Equity Partners has agreed to acquire Alegeus, a healthcare payments processor, from Lightyear Capital, for an undisclosed amount.

UP Group acquires 100% stake of employee benefits prepaid card givve

UP Group affiliate C.D Holding Internationale SAS has acquired 100 per cent of the shares in employee payments platform givve.

Vein-based biometric verification POS Fingopay surpasses crowdfunding target

Global payments company Fingopay has pulled in up to £773,310 in its crowdfunding campaign, surpassing its initial goal. The crowdfund, which is being raised on...
fintech-news

Previse nets £800k grant from Scottish Enterprise for new office

B2B payment solution Previse has netted an £800,000 R&D grant from Scottish Enterprise to build a new development centre in Glasgow.

Chase Pay, Samsung Pay partner to offer greater mobile payments support

Chase Pay and Samsung Pay have partnered to enable Samsung Galaxy smartphone users to connect both of their accounts.

Warburg Pincus acquires Israel-based Leumi Card for $684m

Warburg Pincus has agreed to buy Leumi Card from Bank Leumi and Azrieli Group in a deal valued at NIS 2.5bn ($684m).

SoftBank, Yahoo Japan, Paytm partner to launch QR-code mobile payments app

SoftBank and Yahoo Japan JV have partnered to build a new smartphone-based payments platform, set for an Autumn launch.

News Stories

Siemens reinforces its pioneer status with new €300m blockchain-based digital bond

Siemens reinforces its pioneer status with new €300m blockchain-based digital bond

Siemens AG, a frontrunner in technological innovations, has issued a new digital bond, reinforcing its position as a pioneer in the FinTech sector.
American Binary secures $1m investment from HEST to enhance quantum encryption

American Binary secures $1m investment from HEST to enhance quantum encryption

American Binary, a trailblazer in post-quantum encryption technologies, has recently secured a strategic investment.
Hypernative secures $16m in Series A to enhance Web3 security solutions

Hypernative secures $16m in Series A to enhance Web3 security solutions

Hypernative, a leader in Web3 security solutions, has successfully secured a $16m Series A funding round.
The Investment Association (IA) opens its 8th FinTech accelerator

The Investment Association (IA) opens its 8th FinTech accelerator

The Investment Association (IA) has officially launched the application phase for the eighth iteration of its esteemed Engine Innovator Programme, a pivotal accelerator designed to spur FinTech advancements within the investment management sphere.
Revolut escalates global presence with new BillPay for businesses, revenues hit $500m

Revolut escalates global presence with new BillPay for businesses, revenues hit $500m

Revolut Business has announced that its global revenues now exceed $500m (£380m), alongside monthly transaction volumes of £17bn.

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