Tag: Payments

Revenues from tokenised mobile payments will exceed $40bn by 2024, with e-commerce being the major driver, according to a new study from Juniper Research.

Accounts payable and payment automation company AvidXchange has collected $260m in a funding round.

Mobile payments company Lydia has scored €40m in its Series B round which was led by Tencent.

South Korea-based peer-to-peer money (P2P) transfer platform Viva Republica has reportedly raised $173m in a new funding round.

HyperPay, a Saudi Arabia-based payment service provider, has closed an eight-digit funding round.

Payments giant PayPal has acquired a 70% stake in China-based payment gateway GoPay.

Payments company Curve has released a new service which enables a user to send and receive money from any account to any account without any charges or conversion fees.

Australian Payments Network (AusPayNet) has revealed the incidents of card fraud has decreased by 6.9%.

To become a successful payments FinTech in Latin America, it heavily relies on the ability to support local transaction options, according to Simon Davies, the managing director of EBANX in the United Kingdom.

Payments company Nuvei has scored $270m in a common equity financing round, raising its valuation to $2bn.