Tag: mobile wallets
Fraud detection FinTech Orca Fraud secures $2.35m
Orca Fraud has raised new funding of $2.35m as it looks to strengthen its real-time fraud detection capabilities and expand its presence across global...
ORA Technologies raises $7.5m to scale digital payments
ORA Technologies, a Moroccan FinTech and retailtech startup known for its push to digitise commerce and payments across the country, has completed its Series A funding round with $7.5m secured from local investors.
Panda Remit taps dLocal to drive faster cross-border remittances across Africa
dLocal has joined forces with global remittance provider Panda Remit to accelerate financial access across Africa through faster, more reliable cross-border payments.
Revolut surpasses 50 million global customers, aims for 100m milestone
Revolut, the UK-based FinTech giant and licensed European bank, has announced a major milestone, reaching 50m customers globally. Of these, 10m are based in the UK, solidifying the company’s position as a leader in digital banking.
Revolut enhances international transfers with new mobile wallet partnerships in Africa
Revolut, the global financial app with over 40 million customers, has expanded its Mobile Wallets feature by introducing partnerships with Airtel, Orange Money, and MTN.
UK Women outpace men in digital service usage
In a groundbreaking study by Marqeta, it has been revealed that British women are at the forefront of adopting the next generation of financial services, surpassing their male counterparts.
European PayTech deal activity drops 52% YoY despite growth in online...
Key European PayTech investment stats H1 2023:
• European PayTech deal activity reached 93 transactions in the first half of 2023, down 52% YoY
• European...
Emerging markets set to lead mobile wallet uptake by 2025
A global study by Boku has found that emerging markets in Latin America and Africa and the Middle East are set to see the largest uptake in mobile wallets by 2025.
Study anticipates over half of global population to use mobile wallets...
A study by US mobile payments firm Boku gr has found that more than one in two people globally will use a mobile wallet by 2025.
Mobile wallet market expected to be worth $7.58trn by 2027
The mobile wallet market size was valued at $1.04trn in 2019 and is projected to reach $7.58trn by 2027, growing at a compound annual growth rate of of 28.2% from 2020 to 2027, according to new research.










