Emerging markets set to lead mobile wallet uptake by 2025
A global study by Boku has found that emerging markets in Latin America and Africa and the Middle East are set to see the largest uptake in mobile wallets by 2025.
Taptap Send lands $65m to advance fight against global financial inequality
Cross-border financial platform Taptap Send has reeled in $65m from a Series B funding round led by Spark Capital.
United Fintech unveils advisory board to help steer firm to global expansion
United Fintech has appointed its Advisory Board with the aim of driving the company towards further global expansion.
Ordway scores $10m in Series A round
Ordway, a billing and revenue automation platform, has scored $10m in its Series A funding round which was led by CRV.
Global core banking software market expected to be worth $16.38bn by 2027
The global core banking software market size is seemingly set for some impressive growth in the next seven years and is expected to reach a value of $16.38bn in 2027.
Sesame Software buy opens banking sector doors for Speridian
Enterprise software provider Speridian Technologies has acquired a majority stake in FinTech company Sesame Software, specialised in banking solutions.
Yapily to acquire finAPI for open banking ambitions
Yapily, an open banking payment platform, has signed an agreement with SCHUFA to acquire finAPI, a provider of open banking solutions in Germany.
Freelancer-focused neobank Lili snares $55m in Series B round
New York-based neobank Lili has raised $55m from a Series B funding round led by Group 11.
Revolut broke even in November but didn’t make a big deal out of it
Revolut's revenues dropped by 40% at the start of the coronavirus crisis, but now the neobank has revealed that it is 50% ahead of its pre-pandemic levels and even broke even in November.
Chime runs 60% of the US digital banking market
Revolut, N26 and Monzo might have entered the US over the years to some extent, but Chime is still dominating the country’s digital bank market.