Blockchain Mortgage Platform Acre Raises £6.5 Million
The British startup Acre Software announced the attraction of investment funds for 6.5 million pounds.
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PhonePe Backs Out of ZestMoney Acquisition
The Indian mobile payments giant PhonePe, supported by Walmart, has decided to abandon its intention to acquire the BNPL player ZestMoney.
Quantexa Hits $1.8 Billion Valuation
The financial crimes fighting platform Quantexa reported that it managed to attract investment funds for 129 million dollars.
Acorns Acquires Kids Money Management App GoHenry
Being in business for over ten years, GoHenry provides a pre-paid debit card and financial education app for kids aged 6-18. The acquisition gives the combined Acorns company nearly six million subscribers
Proactis Partners With Finexio to Expand AP Offering
The new partnership will help expand Proactis offerings with an AP (Accounts Payable) payments service
India’s National Contactless Transit Card Rolls Out in Bengaluru
Metro passengers of the Indian city of Bangalore got the opportunity to pay for travel contactless using the RuPay-enabled National Shared Mobility Card (NCMC).
Digital Lending Platform Presta Raises $3.3 Million
A comprehensive digital lending platform Presta has been launched.
Singapore and Malaysia Launch Cross-Border QR-Code Merchant Payments
Singapore and Malaysia announced the unification of the payment systems of the two countries.
How to Start a Payment Processing Company
The global payment processing market size is expected to reach USD 68.4 billion by 2027, growing at a CAGR of 13.9% from 2020 to 2027 according to Grand View Research. This growth is driven by the increasing adoption of digital payments, especially in emerging economies. The niche is constantly evolving, with new technologies and payment […]
Seattle Bank Partners LoanStar to Enhance Embedded Banking Offer
Seattle Bank has partnered with LoanStar Technologies, enabling merchants and service providers to offer point-of-sale consumer loans for high-value transactions
In-Car Payments Ranked as Top Priority for Connected Car Services
The survey conducted with 4,990 drivers in the USA, UK, Germany, France, Italy and China showed that over 50% of the participants see the ability to make in-car payments for parking, fuel, tolls and food as a top priority
Bud Branches Out Into USA
The British fintech open banking company Bud has hired a team of executives who will deal with the issues of the firm’s entry into the US market and its further promotion in this region.
ST Releases NFC Chip Helping Readers Distinguish Between Cards and Smartphones
The new NFC chip supports active waveshaping and heartbeat detection and helps ensure devices comply with EMVCo 3.1 specifications
Japanese VCs Join €3 Million Growth Round in Sweden’s Open Payments
The Swedish fintech company Open Payments announced the completion of a round of financing for 3 million euros.
African Neobank Payday Raises $3 Million for Expansion
The fresh funding will help the ambitious Payday to scale its platform and reach more Africans, not only on the continent but around the world
Fintech Farm Launches Neobank in Vietnam
A new fintech product from Fintech Farm that came to the Vietnamese market has Ukrainian roots
Fintech & Ecommerce
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