AliPay and WeChat granted Hong Kong digital wallet licenses
Two of China biggest mobile payments players AliPay and WeChat, have won approval to operate digital wallets in Hong Kong. It seen as a major step towards international expansion.
Ebix buys 80% of Indian payments service ItzCash for $120m
US-based on-demand software and e-commerce services firm Ebix is acquiring Indian payments service ItzCash. The company will pay $120m for an 80% stake of the Essel Group-owned business.
Singapore-based SpherePay nets over $10m
Singapore-based mobile payments app SpherePay has netted more than $10m in funding from a group of unnamed investors.
WeChat launches its payment services in Malaysia
China-based social communication giant WeChat has launched its payment services in Malaysia.
Why Nigerian FinTech startup Carbon posted its financials when other African startups wouldn’t
Carbon, an FinTech startup based in Nigeria, has posted its financials on its website despite most other African new enterprises would be reluctant to do so.
Stripe lands $35bn valuation after closing a new $250m Series F funding round
The payment processing unicorn Stripe has joined the Silicon Valley elite after netting a $250m funding round and a $35bn valuation.
The Netherlands leads Europe’s surge in wearable payments
Wearable payments are becoming more popular across Europe and the Netherlands is leading this charge.
PayTech RS2 enters Latin America through a new partnership with MOViiRED
FinTech in Latin America is getting really hot and RS2 has taken steps to not miss out on the opportunities in the region.
Curve hires former CEO of UK Payment Systems Regulator to advice the company’s leadership
Banking platform Curve’s executives have enlisted the help of a Hannah Nixon, the former CEO of the UK Payment Systems Regulator, to tap into her knowledge on regulatory activities and relationships.
Curve inks deal with Samsung to launch new digital payment solution Samsung Pay Card
Samsung Pay has signed a partnership with the digital banking platform Curve and Mastercard to launch the Samsung Pay Card.