Mastercard and Visa pull out of Pornhub after abuse allegations
Visa and Mastercard have cut ties with Pornhub after both payment providers investigated allegations of child sexual abuse.
Klarna-backer QED Investors leads $20m round in Payhawk
Bulgarian expense management startup Payhawk raised a $20m funding round led by QED Investors with Earlybird Digital East also participating.
Google Pay enables users to send money across borders
US-based Google Pay users can now remit money to GPay users in the Indian subcontinent via the Google Pay app as the company forays into international payments.
Timex teams with FinTechs to unveil range of contactless payment watches
Watchmaker Timex has partnered with Visa, Tappy and J.P Morgan subsidiary Chase to launch watch straps that can be used to conduct contactless payments.
Paytm gears up for mega IPO, files DRHP to raise $2.2bn
One97 Communications, parent company of digital payments platform Paytm, filed its draft red herring prospectus (DRHP) with market regulator Securities and Exchange Board of India (Sebi).
Zepz looks to new geographies following $292m Series E
UK cross-border payments platform Zepz has secured $292m from a Series E funding round that has pushed its valuation up to $5bn.
Are Baby Boomers the ideal FinTech customers?
A recent study by payments-as-a-service platform Modulr has found 65% of over 65s are open to using new financial services or payment methods for convenience.
Bank of Indonesia unveils new retail payments system
The Bank of Indonesia has launched a new retail payments system to help cut the cost of money transfers and support the growth of the digital economy.
African PayTech Flutterwave launches digital FX solution
African's leading PayTech Flutterwave has launched a digital FX solution in partnership with Wema Bank and Kadavra BDC.
PayKey said to bag $10m Seires B led by MizMaa
Keyboard payment solution PayKey has reportedly closed a $10m Series B funding round led by Israel-based MizMaa. Other contributions to the investment came from SBI...
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