Embedded card issuer Highnote pulls in $54m following stealth period
Card issuing company Highnote has raised $54m in seed and Series A funding as the firm emerges from stealth.
BNPL market gets new big player as Mastercard launches Installments
Mastercard has entered the buy now, pay later (BNPL) market after it unveiled flexible payment platform Installments in the US, the UK and Australia.
BaaS platform Swan inks $16m funding to extend global footprint
Banking-as-a-service (BaaS) platform Swan has snared $16m in equity funding from venture capital firm Accel.
Complicated processes thwarting consumers from switching pension providers
A recent study by online pension provider PensionBee has found that convoluted processes and putting people off switching pension providers.
Ascend Money becomes first Thai FinTech unicorn after $150m funding haul
Ascend Money has raised $150m in funding to become the first Thai unicorn at a $1.5bn valuation.
Singapore and Malaysia foster financial synergies with payments linkage
Singapore and Malaysia are set to begin a phased linkage of their two payment systems to support faster transactions between the two countries.
80% of B2B transactions anticipated to be digital by 2025
A recent study by PYMNTS has projected that up to 80% of all business-to-business transactions could be conducted digitally by 2025.
Deutsche Bank set to snap up Better Payment to widen PayTech market share
Deutsche Bank is to acquire payment service provider Better Payment with the aim of expanding its market share in payment processing and acceptance.
Zip extends global reach into India with ZestMoney investment
Australian buy now, pay later (BNPL) company Zip has invested $50m into Indian BNPL firm ZestMoney to expand its global grip on the payment market.
Q2 Holdings, Plaid partner to simplify bank account connection services for customers
Q2 Holdings has launched a strategic partnership with open banking platform Plaid to offer customers a secure way to connect accounts to apps and services.
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