Remittances

Paytm transforms android phones into contactless card payment machines with new launch

India-based digital payments provider Paytm to allow merchants and retailers use an Android phone as a payments machine for near field communication credit and debit card payment transactions.

WorldRemit launches money transfers from within Africa

WorldRemit, a digital money transfer platform, has launched its transfer services from within Africa to simplify the sending and receiving of money across the continent.

Affirm’s stocks soar on first day of trading and pave way for massive growth...

Affirm began trading on the Nasdaq on Wednesday with its shares jumping by more than 100% in the first day, laying the groundwork for huge growth in the buy now pay later space.

Challenger bank Stori raises $32m to boost Mexico’s digital financial services

Digital bank Stori closed a $32m Series B funding round to fuel the credit card payment industry for masses in Mexico.

Visa and Y Combinator-backed Bloom raises $6.5m

Sudan-based Bloom, a FinTech which offers financial products aimed at improving the lives of East Africans, has raised $6.5m in a seed round.
Revolut is the most searched online banking service in Europe

UK FinTech giant Revolut surpasses 20 million customers

UK FinTech giant Revolut has surpassed 20 million retail customers around the world and is processing over 250 million transactions each month.

Collateral Velocity partners with PMMC to ease payments for healthcare companies

Collateral Velocity, FinTech providing low-cost liquidity for healthcare organisations partnered with PMMC, financial firm for healthcare businesses.

Plastiq and Ramp team up to enable businesses make large payments via its corporate...

B2B intelligent payment solutions provider Plastiq and American corporate card Ramp are collaborating to help companies pay for every kind of corporate cost with the Ramp card.

UK FinTech giant Revolut to launch in 5 more countries

UK FinTech giant Revolut has geared up for a launch in five new countries, which will go live over the coming couple of months.

TransferGo said to raise $10m in funding, alongside launch in 11 more countries

International money remittance service TransferGo has reportedly netted $10m in funding, after its customer base surges past two million.

News Stories

FinTech

Another strong week for FinTechs with 26 deals recorded

FinTech Global reported on another powerful week in the FinTech sector, with a total of $783m raised across 26 deals.   This top performing deal...
FutureMoney launches micro-investing app to help families secure financial future

FutureMoney launches micro-investing app to help families secure financial future

FutureMoney, a FinTech company founded by industry veterans, has launched a new micro-investing platform aimed at helping families build generational wealth.
Camwood and Pentaho team up to enhance data analytics capabilities

Camwood and Pentaho team up to enhance data analytics capabilities

Camwood, a leading IT consultancy specialising in digital evolution through the lens of applications, has partnered with Pentaho, a subsidiary of the Japanese multinational conglomerate Hitachi, to bring its data analytics platform to market via a new managed services offering.
Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary has launched Flight Delay Insurance, a new service available to its customers in the George app.
Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla, a leading U.S.-based account-to-account (A2A) payment solution provider, has announced a strategic collaboration with Visa, a world leader in digital payments.

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