Axis Bank rolls out wearable contactless payment device Wear ‘N’ Pay
In a bid to encourage the mainstream adoption of cashless transactions, India-based banking group Axis Bank launched its own range of wearable contactless payment devices, called Wear N Pay.
Euronet makes $1bn bid to take MoneyGram from Ant Financial
A bidding war seems on the cards over remittances service MoneyGram as Kansas-based electronic payments firm Euronet Worldwide attempts to swoop in on Ant Financial $880m acquisition.
Nigerian challenger bank Kuda launches in the UK
Kuda, a Nigerian challenger bank, has launched in the UK as part of its major global expansion efforts.
Flywire rakes in funding and acquires healthcare business
Cross-border payments company Flywire has bagged $120m in its Series E as it looks to move into more verticals including education, healthcare and travel.
Klarna rival Laybuy hauls in A$35m to boost its footprint in the UK
New Zealand-based buy now pay later firm Laybuy has closed a A$35m capital raise to further its push into the UK market.
Wyre scoops up Chinese remittance startup Remitsy
Blockchain-based cross-border payments startup Wyre is acquiring Beijing-based business payments service Remitsy. The financial terms of the deal are undisclosed.
European FinTech Ebury becomes Parma Calcio 1913 kit sponsor
Ebury, a European FinTech helping to simplify international trade, has announced its sponsorship with Serie B team Parma Calcio 1913 for the rest of the 2022/23 football season.
Nearly 80% of Payments & Remittances investment since 2015 has come from transactions over...
?Total funding in the sector over the last five years surpassed $66bn as digital payment methods become more common.
TransferWise gains direct access to the UK’s Faster Payments Services
London-based remittance startup TransferWise is gaining access to the UK's Fast Payments Service (FPS), through a technical partnership with Raphaels Bank.
Chipper Cash said to close $100m Series C just months after former round
Remittance platform Chipper Cash has reportedly collected $100m in its Series C funding round.
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