PhonePe Expands New Funding to $850 Million
General Atlantic has directed an additional investment of $100 million for the development of PhonePe.
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Expensify Adds Chat Feature for Accountants
Expensify payments super app now has a chat feature for accountants to better collaborate with clients, gather information and complete tasks related to financial reporting and tax filing
Nigerian B2B E-Commerce Startup Sabi Raises $38 Million to Serve African Retailers
Sabi’s Series B funding round values the company at $300 million and powers the startup’s goal to serve the 50 million small- to medium-sized businesses (SMBs) in Africa
Apple Online Store in Vietnam Gets Instalment Payments from MoMo
The tech giant Apple opened its online store in Vietnam, offering up to 24 months of financing with a local fintech MoMo
Apple Pay Continues Expansion With Honduras and Panama
The popular mobile wallet Apple Pay has launched in Honduras and Panama with support for Mastercard and Visa credit and debit cards issued by the partnering banks
Wendy’s and Pipedream to Pilot Underground Autonomous Robot System
Wendy’s plans to launch a mobile order delivery testing program through the use of an underground autonomous robotic system.
Revolut Has a New Offering for Australian Businesses
Besides a new offering for businesses in Australia, the crypto-friendly digital bank Revolut is still looking to secure a banking license to expand its services UK-based fintech firm Revolut has launched international payments-focused accounts for business clients in Australia, looking to create an app or platform where “people can manage their entire financial lives in […]
Paytronix & Square Integrate Online Ordering With POS
Paytronix is launching its advanced digital guest engagement solution for restaurants, retail chains and convenience stores on the Square App Marketplace, expanding restaurants’ reach beyond brick-and-mortar customers
Samsung and Bank of Korea Collaborate on Offline CBDC
The media reported that Samsung is currently working with the Bank of Korea to create a central bank digital currency (CBDC).
Moss and Deutsche Bank Partner on Payments via Expense Management Platform
The media reports that Moss has established a partnership with Deutsche Bank.
Sezzle’s BNPL Option Helps Building Credit Score
Sezzle’s Pay-in-2 option expands the range of the company’s existing BNPL products and may help customers build their credit score in conjunction with the Sezzle Up feature
N26 Brings Yield-Bearing Savings to Spain
The new N26 Instant Savings account offers customers in Spain a 2.26% yield, empowering customers to have a better relationship with their money
Emirates NBD Enters Sustaibability-Focused Partnership With Microsoft
The sustainability and innovation-focused collaboration between Emirates NBD and Microsoft will be based on four pillars: measurement, data conversion, ecosystem development and process improvements
Facctum Launches Anti-Fincrime Tech for Nigerian Banks
The new anti-financial crime solutions harness the power of parallel processing technology to help Nigerian financial institutions modernise financial crime detection
Amazon to Add Generative AI to Marketplace Search
Amazon intends to introduce a ChatGPT-style product search system into its online store.
Kenyan Fintech M-Kopa Raises $250M to Extend Financial and Sustainability Services
M-Kopa will use the new debt and equity funding to expand financial services offering to underbanked consumers across Sub-Saharan Africa, as well as reduce greenhouse gas emissions in Kenya and Uganda
Fintech & Ecommerce
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