Why refunds are crucial to e-commerce success
Nearly a third of UK consumers (30%) are spending less online because refunds take too long and they’re worried about their bank balance, a report from Tink claims.
Revenue from embedded payments to reach $57bn by 2027
The global revenue from embedded payments for embedded finance vendors will reach $59bn in 2027, rising from $32bn in 2023, according to Juniper Research.
Complaints against BNPL firms surges by 36%
Complaints to the Financial Ombudsman Service against buy now pay later (BNPL) firms have risen by 36% in the past three years, according to analysis from Creditspring.
PPRO enters South Korea through integration with FinTech giant Toss
Digital payment infrastructure provider PPRO has extended its services to South Korea by integrating with local cards and e-wallet Toss Pay.
Cross Switch buys 50% stake in Morocco-based FinTech Vantage Payment Systems
Cross-border payments company Cross Switch has acquired a 50% stake in Vantage Payment Systems, a FinTech aiming to democratise payments in Morocco.
Australian credit and payments firm Shift raises AUD$27m
Shift, a provider of credit and payment platforms for Australian firms, has closed an AUD$27m Series C funding round.
Digital payment platform Kasheesh welcomes star-studded funding round
Kasheesh, which claims to be a first-to-market digital payment platform, has increased its total capital raised to $8.5m, with backing from high-profile investors.
Cross-border payments FinTech Tazapay nets $16.9m
Tazapay, a cross-border payments company, has raised $16.9m in its Series A funding round, which was led by Sequoia Capital Southeast Asia.
What web 3.0 means for the cross-border payment space
Web 3.0 could transform the way cross-border payments work, allowing money to be transferred more seamlessly.
Danish FinTech Mazepay raises €4m in growth funding
Danish FinTech platform Mazepay, which aims to simplify procurement and B2B payments, has raised €4m in growth funding.
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