PayTech

Gen Z and Millennial spending share to grow 48% by 2030, Afterpay report finds

A quarterly report by the buy now, pay later (BNPL) business Afterpay has estimated that spending share by Millennials and Gen Z will grow to almost 50% by 2030.

Zip continues global expansion with Payflex acquisition

Australian buy now, pay later (BNPL) firm Zip has continued its push for an expanded global presence with the purchase of South African BNPL Payflex.

Zūm Rails unveils new anti-fraud tools to strengthen payment security

Open banking firm Zūm Rails has introduced a new set of anti-fraud tools to bolster the security of its Instant Deposit feature on its platform.

Only one in five consumers feel their bank values them as a customer

Recent research by marketing firm Ello has found only one in five consumers believe that their bank values them as a customer.

Solving a 100-year-old problem – Checkbook raises Series A

Checkbook, which claims to be solving the 100-year-old problem with using paper checks, has scored $10m in its Series A.

Could Christmas be the death knell for credit card payments?

A recent report by Klarna has found that one in two UK consumers are planning to discard their credit card entirely for Christmas shopping this year.

EBANX acquires remittance start-up Remessa Online in $229m deal

Payments unicorn EBANX has purchased remittances company Remessa Online in a deal valued at $229m.

Is Request to Pay a new challenger to established payment methods?

A survey by Icon Solutions has found the Request to Pay payment method is expected to challenge current payment methods such as direct debit and payment cards in the near future.

SaaS management service NachoNacho scores seed funding

NachoNacho, a SaaS management platform, has collected $3m in its seed funding round.

MarketForce scores $40m in Series A raise

Kenyan B2B platform for consumers goods and digital financial services MarketForce has snagged $40m from a Series A financing haul. The round was headed...

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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