Belvo acquires Brazilian payment institution Skilopay
Belvo has acquired Brazilian payment institution Skilopay to bolster its position as a leading account-to-account payments provider in Brazil and Latin America.
What’s next for Sweden’s FinTech ecosystem?
After years of record growth and it briefly being home to Europe's most valuable FinTech, how will Sweden's emerging FinTech ecosystem come out of the Covid-19 pandemic?
CashFlow scoops up payments firm iCheque
Cambridge-based CashFlow is acquiring fellow Silicon Fen payments solution iCheque Network. The terms of the deal are undisclosed.
Equistone Partners acquires majority stake in cross-border payment provider Small World
Private equity house Equistone Partners Europe has agreed to pick up a majority stake in cross-border payments services provider Small World Financial Services.
Paysafe to acquire SafetyPay in $441m all-cash deal
Specialised payments platform Paysafe has bolstered its payments footprint after it signed an agreement to purchase ecommerce payments company SafetyPay for $441m in cash.
Singapore is taking additional steps to keep its position as a regional FinTech leader
China and India have led the Asian FinTech investment league until the first six months of 2019 when Singaporean businesses toppled them both by raising a massive $1.62bn.
Klarna rival Payl8r reels in £40m funding after a 334% growth in a year
Manchester-based Payl8r has secured £40m from Conister Bank and plans to become a £1bn FinTech business within five years.
APEXX Global adds four new global brands to BNPL service
Payment platform APEXX Global has revealed that four new buy now, pay later (BNPL) firms have joined its BNPL Connect aggregator.
India-based Paytm preps for planned $3bn IPO
India’s Paytm invited employees to tender equity shares in part or in full for sale in the digital payments giant’s planned initial public offering (IPO), a step it dubs as the country’s largest stock market debut ever.
Token driving UK open banking payments expansion, research finds
Market share statistics by CMA9 – the nine largest UK banks – has found open banking platform Token is driving the adoption of open banking payments in the country.
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