EU plans to roll-out digital wallet for payments by 2022
The European Union has revealed it intends to introduce a new digital wallet that will be available for use across all 27 member states by 2022.
FinTech B9 secures $1.7m funding to tackle unbanked issues
US FinTech startup B9 has raised $1.7m from a pre-seed funding round to help provide interest-free payroll advances for unbanked people.
PayPal to invest $100m in financial inclusion and gender equality efforts
PayPal pledged to invest more than $100m to advance financial inclusion and economic empowerment for women around the world over the next five years.
Apple and Goldman Sachs to launch Klarna-like buy now pay later service, Apple Pay...
Apple is working on a service that will let users pay for purchases in instalments in partnership with Goldman Sachs, sending shares of Afterpay and other buy now, pay later (BNPL) companies sharply lower.
Fly Now Pay Later joins forces with ChargeAfter to democratise credit for the travel...
Fly Now Pay Later, FinTech which offers shoppers a more flexible way to finance travel, has partnered with ChargeAfter, the global network of personalised buy now pay later (BNPL) and point-of-sale financing for merchants.
Nearly £2bn lost annually by online retailers due to lack of available payment methods
A survey by Merchant Advice Service has found over £1bn is lost every year by online retailers due to a lack of available payment methods.
Klarna CEO under fire from money.co.uk for calling credit card model ‘unsustainable’
Financial comparison site money.co.uk slammed buy now, pay later firm Klarna founder for claims that it offers a fairer and more equitable platform for consumer spending than credit cards.
Global Payments acquires accounts payable solution in $150m deal
PayTech company Global Payments has acquired MineralTree, an accounts payable automation and B2B payments platform, in a deal worth $500m.
BNPL market gets new big player as Mastercard launches Installments
Mastercard has entered the buy now, pay later (BNPL) market after it unveiled flexible payment platform Installments in the US, the UK and Australia.
Brazilian FinTech company Hash scores funding as seeks growth in the country
Hash, a Brazilian FinTech company that provides payment infrastructure for B2B companies, has reportedly raised $40m in Series C funding.
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