Navro secures EMI licence and raises $14m to revolutionise global payments
Navro, formerly known as Paytrix, has secured $14m in its latest funding round and has concurrently announced that the Central Bank of Ireland has authorised its EMI licence.
Nexi and Mastercard partner to drive open banking payments in Europe
Nexi, a leading European PayTech, has chosen Mastercard as its strategic partner as it looks to support open banking account-based payments across Europe.
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...
Topps Tiles partners with GoCardless to enhance Trade Pay service
Topps Tiles, the UK’s leading tile specialist, has formed a strategic partnership with GoCardless, a prominent bank payments company, to enhance its Trade Pay service. This collaboration marks a significant step in Topps Tiles' efforts to deepen its engagement with the trade market.
WeSwap picks up £2.4m in crowdfunding campaign
Currency exchange platform WeSwap has picked up £2.4m in an equity crowdfunding round on Seedrs.
Ant Financial co-leads RMB1bn round for Chinese logistics, FinTech provider Keking
Alibaba's Ant Financial has co-led an RMB1bn ($144m) Series C financing round for Chinese logistics and FinTech business Keking.
Square beats Wall Street expectations, reports 41% revenue jump
Mobile payments company Square beat Wall Street’s expectations to report a 41% year-on-year jump in revenue for the second quarter of 2016.
MasterCard launches payments service for Chinese students
MasterCard is making it easier for Chinese users to pay for tuition and other costs in the US through a new partnership with online payments service Plastiq.
Softbank looks to sell Snapdeal’s FreeCharge for less than 50%
Japanese web giant and investor SoftBank is reportedly in talks to sell Snapdeal-owned mobile wallet FreeCharge for as little as $150m to $200m.
Swedbank boosts digital payments offering with PayEx acquisition
Nordic-Baltic banking group Swedbank is acquiring payments service PayEx to expand its digital solutions. The financial terms of the deal are undisclosed.