Visa argues that millennials are driving FinTech innovation and reveals how it leverages this...

Millennials are driving the FinTech evolution in everything from payments to banking. Now, a Visa executive is arguing that FinTechs better pay attention.

Payments platform Banked reportedly secures $2.35m in seed round

Banked, which support real-time payments, has reportedly secured $2.35m in a seed funding round led by Force Over Mass.

This is what the FCA wants firms to consider when closing ATMs

The Financial Conduct Authority (FCA) has finalised its expectation for firms when they consider closing branches or ATMs, or converting a free-to-use ATM to pay-to-use.

IKEA forays into banking sector with a 49% stake in Ikano Bank

Expanding its business into other areas, Swedish furniture giant IKEA has entered the banking space by acquiring a 49% stake in Ikano Bank.

Curate Capital leads $1.5m seed funding round for Park Place Payments

Los Angeles-based FinTech Park Place Payments raised $1.5m in a seed funding round led by Curate Capital.

Thunes purchases Limonetik to speed-up global payment collection roll-out

Singaporean cross-border payments firm Thunes has acquired European payment methods platform Limonetik for an undisclosed fee.

Close to half of all transactions expected to contactless by end of 2022

A report by VoucherCodes has found 47% of all transactions are expected to be contactless by the end of 2022.

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.

Fingerprints and Mswipe for biometric payment solutions in India

Biometrics company Fingerprints has partnered with Mswipe, an India-based end-to-end digital enabler for SMEs, to bring a contactless biometric payment card to India.

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.

News Stories


Monite secures seed funding for its embedded finance platform

Monite, an API-first embedded finance workflows startup, has raised $10m in seed funding to start “a new wave in embedded finance.”

Cyber disaster recovery firm Fenix24 bags $5m

Fenix24, a cyber disaster recovery firm that is transforming the post-breach restoration process and impact, has raised $5m in funding.

Continued claim pressures for P&C (re)insurers as inflation persists, Swiss Re says

Analysts at Swiss Re have predicted that although inflation is easing in 2023, many cost pressures will still underpin elevated claims.

German FinTech Moojo launches insurance for freelancers

Moojo, a FinTech startup which helps freelancers and creators streamline their invoicing processes, has launched a new product in partnership with Hiscox Germany.
Western Union supports money transfers in Vietnam with MoMo

Western Union supports money transfers in Vietnam with MoMo

Multinational financial services firm Western Union has signed a collaboration deal with MoMo to facilitate money transfers in Vietnam.

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