Africa gets a new FinTech unicorn as Chipper Cash joins the club
Cross-border payments company Chipper Cash has become a FinTech unicorn after a $150m Series C extension round pushed its valuation just above $2bn.
Paymynt Financial unveils new blockchain-based multicurrency smart card
Boston-based FinTech company Paymynt Financial said to launch MYNT PayCard, a multicurrency hardware wallet.
What will the European payments industry look like in 2030?
A recent study by card issuing platform Marqeta has examined the potential roadblocks and innovations that may arise over the next decade in the payments industry.
Canadian singer The Weeknd invests into Pomelo to help families safely send money internationally
Pomelo, which combines credit and international credit and international money transfer, has netted $5m in seed funding to support the launch of its services.
CBDCs to create ‘inevitable changes’ to payments landscape, McKinsey warns
A report by McKinsey has outlined the key challenges financial companies facing from the rise of central bank digital currencies (CBDCs).
Why FinTechs are helping to democratise corporate remittance
A recent blogpost by Currencycloud has detailed how the FinTech sector is helping to level the playing field in the corporate remittance market.
Airwallex hits $4bn valuation after second investment round this year
PayTech unicorn Airwallex has been valued at $4bn following the close of an oversubscribed Series E round, which comes just months after it closed a Series D extension.
Utah based payment company Clicklease hauls in $63m in Series A Funding
UT-based FinTech company providing payment solutions in the commercial equipment space Clicklease raised $63m in Series A funding led by Sandlot Partners.
UK contactless payment limit set to climb to £100 by October 2021
People in the UK will be able to make contactless payments up to a new limit of £100 from the 15th of October 2021.
Fiserv, Selecta partner to bolster cashless payments footprint in EU
FinTech firm Fiserv has collaborated with self-service retailer Selecta to enhance and streamline digital payments across Selecta’s points-of-sale.