Small World passes 50 million transactions milestone
UK remittance service Small World FS has reached a new milestone having processed more than 50 million cross-border payments to date.
Paytm pockets $60m of $300m target
One97 Communications, which operates Indian m-commerce platform Paytm, has raised $60m as a first step towards reaching a targeted $300m for its new round of funding.
MobiKwik lands $40m strategic investment from Net1
Indian digital wallet MobiKwik has secured a deal with South African mobile payments firm Net1 that will see it receive $40m over two years as a strategic investment.
AliPay and WeChat granted Hong Kong digital wallet licenses
Two of China biggest mobile payments players AliPay and WeChat, have won approval to operate digital wallets in Hong Kong. It seen as a major step towards international expansion.
MC Payments lands $4.4m for digital payments
Singapore-based payments solutions Mobile Credit Payment (MC Payment) has raised S$6m ($4.4m) in Series B financing.
Coda Payments takes $2m to expand around South-East Asia
South-East Asian payments gateway Coda Payments has raised $2m in a new round of funding from IMJ Investment Partners.
PayPal launches Singapore FinTech Innovation Lab
PayPal is offering a boost to Singapore’s the FinTech scene and opening a new Innovation Lab in the city.
Square seeks talent ahead of potential European expansion
US payments processor and card reader Square is inching further into the European market with a series of three job openings highlighting the company’s expansion plans.
PayPal teams up with Xero for SME invoices
PayPal is making further moves into the B2B payments space through a partnership with SME accounting platform Xero.
TransferWise launches business offering
TransferWise, the London remittances startup valued at $1.1bn, is launching TransferWise for Business to cater to SMEs sending money abroad.
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