Contactless payment market anticipates soaring growth into 2025
A study has found the mobile contactless payment market is expected to grow by 24% in 2021 to around $2.489trn.
Standard Chartered unveils plans to launch cryptocurrency trading venture
Standard Chartered is planning to establish a UK-based cryptocurrency brokerage and exchange for clients in the UK and Europe.
nesto eyes staff, tech expansion following $76m Series B raise
Canadian mortgage comparison platform nesto has raised $76m from a Series B funding round.
Australian FinTech Zeller snares A$50m to accelerate banking platform development
Australian business banking alternative Zeller has secured A$50m from a recent funding round to supercharge the development of its integrated business banking platform.
Moneyhub said to close $18m funding round to aid expansion efforts
Open finance hub Moneyhub has reportedly collected $18m in a funding round to support its expansion into new markets. Direct Line founder Sir Peter Wood...
PayTech Currencycloud set to be acquired by Visa in $700m deal
Visa has entered an agreement to purchase cross-border payments technology provider Currencycloud for a total of $700m.
BNPL market projected to generate almost $4trn annually by 2030
A report by Allied Market Research has projected that the buy now, pay later (BNPL) will generate $3.98trn by 2030 and record a CAGR of 45.7% from 2021 to 2030.
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.
FinTech adoption reaches 86% in the UK
Research led by open banking platform Plaid has found the use and adoption of FinTech has reached mass scale in the UK, with up to 86% of consumers using it.
Lending platform Validus inks deal to buy PayTech KlearCard
Singaporean peer-to-peer (P2P) lending platform Validus has acquired business payments and expense management technology platform Klearcard in an undisclosed deal.
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