How did digital wallet FinTech Paytm lose $549m last year?
Indian FinTech unicorn Paytm lost $549m in the financial year ending in March.
Chinese investors help Nigerian payments startup OPay secure $120m Series B investment round
Lagos-based OPay, the FinTech startup, has bagged $120m in a massive new investment round to scale its Nigerian presence and to tap into Kenya, Ghana and South Africa’s markets.
Subway serves up new partnership with FinTech Adyen to its North American franchisees
Global PayTech company Adyen has been picked as Subway’s new payment partner in North America.
FinTech Zeux launches physical Visa card
Payment app Zeux has launched a Visa card to satisfy what it refers to as a growing appetite for a “phygital” – physical and digital – banking experience.
One Equity Partners appoints former CEO of controversial FinTech startup Mozido as new operating...
The former boss of beleaguered mobile payments and commerce company Mozido has joined private equity firm One Equity Partners as its new operating partner.
Barclaycard inks partnership with FreedomPay
Payment company Barclaycard is looking to provide a seamless end-to-end payment experience to its customers through its new partnership with FreedomPay.
New SIA and Nexi merger poised
Italy's digital payment scene could've just received a power boost after two native leaders in the sector, Nexi and SIA, inked a memorandum of understanding to merge.
India-based Slice said to close $5.2m debt facility
Slice, a payments app for millennials and generation Z in India, has reportedly closed a $5.2m debt facility to increase its lending capacity.
Czech Republic-based FinTech Twisto said to raise €16m in funding
Czech Republic-based cashflow management platform Twisto has reportedly collected €16m in new funding.
TerraPay expands to USA and Canada to ease real-time cross-border payments
Digital payment provider TerraPay will now offer real-time bank payments in the USA and Canada to facilitate better cross border remittances.
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