PayTech

PhonePe bags investment from Flipkart just days after its partial spinout

Digital payments app PhonePe has reportedly collected a $20m investment from e-commerce giant Flipkart.

Axis Bank rolls out wearable contactless payment device Wear ‘N’ Pay

In a bid to encourage the mainstream adoption of cashless transactions, India-based banking group Axis Bank launched its own range of wearable contactless payment devices, called Wear N Pay.

Appletree sets out to raise $5bn for African e-commerce digital ecosystem

Appletree digital commerce, has unveiled the Taking One Million African Traders Online Movement (TOMATO), its solution to the lack of opportunities for the youth across Africa.

payabl. secures pivotal UK EMI licence milestone 

Leading European PayTech payable. has announced it has secured an Electronic Money Institution authorisation (EMI licence) in the UK. 
Mastercard and VoPay have announced a strategic partnership to enhance money movement in Canada and internationally.

Mastercard and VoPay partner to revolutionise money movement in Canada

Mastercard and VoPay have announced a strategic partnership to enhance money movement in Canada and internationally. The partnership is driven by the growing demand for...

FinAccel bags $30m in its Series B led by Square Peg

FinAccel, a credit risk automation solution, has raised $30m for is Series B funding round led by Square Peg Capital.

Brazilian POS company StoneCo files for IPO in US

Brazil-based payments processor StoneCo has registered for an IPO of its Class A common shares in the US.

Payments unicorn PPRO extends recent funding round by $90m

Payments infrastructure company PPRO has extended its recent funding round by an additional $90m.

MasterCard celebrates Pride month with Your True Self is Priceless campaign

MasterCard has launched the ‘Your True Self is Priceless’ campaign as part of its celebration of Pride month.

Latina-founded banking-as-a-service provider NovoPayment scores $19m

NovoPayment, a Latina-founded banking-as-a-service provider, has scored $19m in its Series A funding round.

News Stories

Salt Bank selects Napier AI to enhance AML compliance for Romania’s first digital bank

Salt Bank selects Napier AI to enhance AML compliance for Romania’s first digital bank

Napier AI, a London-based RegTech specialising in financial crime compliance, has partnered with Salt Bank, the first Romanian neobank and the fastest-growing in Southeastern Europe.
FCA finalises sustainability disclosure rules to tackle greenwashing

FCA finalises sustainability disclosure rules to tackle greenwashing

The UK Financial Conduct Authority (FCA) has published a policy statement confirming the final rules under the Sustainability Disclosure Requirements (SDR) and investment labels regime.
Endava partners with Finexos to revolutionise AI-driven credit risk management

Endava partners with Finexos to revolutionise AI-driven credit risk management

Endava, a leading technology services company combining world-class engineering, industry expertise, and a people-centric mindset, has announced its partnership with Finexos, an AI-powered credit risk and analytics platform.
DKK Partners and Seed Group collaborate to enhance financial connectivity in MENA

DKK Partners and Seed Group collaborate to enhance financial connectivity in MENA

DKK Partners, a leading FinTech company specialising in emerging markets and foreign exchange liquidity, has partnered with Seed Group, a company of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, based in Dubai.
Encompass Corporation appoints Nynke Postma as Head of Business Development

Encompass Corporation appoints Nynke Postma as Head of Business Development

Encompass Corporation, a leader in Corporate Digital Identity (CDI), has appointed Nynke Postma, the founder and former CEO of Blacksmith KYC, as the new...

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