Global Payments acquires EVO in $4bn deal
Global payment technology provider Global Payments will acquire fellow PayTech solution developer EVO in a $4bn deal.
Poor payment processes prove perilous, Vyne reveals
Hidden charges, slow speeds, website failures and lack of security are causing 40% of shoppers to abandon their baskets when online shopping, according to...
African DPO Group saw a 35% jump in Black Friday online payments
FinTech in Africa is on the rise. The latest sign is DPO Group noticing a 35% spike in digital transactions during Black Friday in South Africa.
Hungarian startup PeasyPay vying Spanish and British expansion
PeasyPay, a bieometric-based payment company, is looking to expand its reach from its native Hungry to Spain, Slovenia and the UK.
South Africa-based Lipa Payments raises fresh capital
Lipa Payments, a South African FinTech company, has raised R10m ($660,000) in fresh funding.
KBC is the lastest bank to accept payments through wearable technology
Belgian bank KBC is from now on enabling its customers to use wearable technology to conduct contactless payments.
Swedish unicorn Klarna becomes valued at $5.5bn after raising a $460m equity round
Klarna, the payment and banking company, has raised $460m in a new equity funding round, which has pushed its valuation past the $5.5bn mark and makes it Europe’s largest FinTech enterprise.
Move over Klarna, Checkout.com just became Europe’s most valuable FinTech
Payments solutions provider Checkout.com has closed a $450m Series C funding round at a $15bn valuation, making it Europe's most valuable venture-backed FinTech.
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.
FinTech platform for barbers Squire Technologies collects $59m in funding
Squire Technologies, a FinTech platform designed for barbershops, has reportedly bagged $59m in its Series C round.