Overwhelming majority of firms to prioritise cross-border commerce in 2022
A report by FinTech Rapyd has found 93% of businesses see cross-border commerce as a high priority for 2022 and beyond.
Zilch and Mastercard widen partnership to launch BNPL card in Europe
FinTech company Zilch has revealed it has expended its partnership with Mastercard to help bring the former’s buy now, pay later (BNPL) card digital card to Europe.
What were the biggest PayTech deals of 2021?
In an age where the traditional form of in-person payments is being restricted due to Covid-19 restrictions, the rise of PayTech seems almost inevitable. With more people than ever now using payment technologies, the demand for funding is also climbing.
How Covid-19 supercharged the growth of the digital remittance market
A new blogpost by Currencycloud has underlined how the coronavirus pandemic and the restrictions put in place due to it has led to the massive growth of digital remittances.
Bank of Indonesia unveils new retail payments system
The Bank of Indonesia has launched a new retail payments system to help cut the cost of money transfers and support the growth of the digital economy.
Sokin steps into Brazil with digital wallet solution
Global payments provider Sokin has expanded into Brazil with the launch of its inclusive Global Currency Account and pre-paid debit card.
Sokin enters Canadian market to aid global payment transfers for migrants
Payments provider Sokin has entered the Canadian remittances sector to help support the country’s growing migrant population with cheaper money transfers globally.
PayTech unicorn Airwallex extends Series E just months after close
Global payments platform Airwallex has raised $100m in a Series E1 funding round following an oversubscribed Series E round.
Aboki Africa raises capital to simplify currency exchange
Aboki Africa, which aims to simplify the currency exchange process, has closed its pre-seed funding round.
Philippines and Singapore regulators to collaborate on payments
The Philippines Central Bank and the Monetary Authority of Singapore have singed a cooperation agreement to support payments between the two countries.
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