Payments

Dec
13

Rapyd launches end-to-end card acquiring ability in Europe

Rapyd’s card acquiring access provides the simplest solution to European companies looking at expanding into different markets.

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Dec
13

UK digital bank Ziglu launches P2P payments for Bitcoin and Bitcoin Cash

London-based challenger bank Ziglu said Monday that it has been licensed as an Electronic Money Institution (EMI) by the U.K.’s FCA.

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Dec
08

How to manage all your payments messaging with one system

PaymentComponents have a solution that allows banks to manage all payments messaging within the same system.

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Dec
07

Novatti’s partnership with Ripple to fast-track growth in South-East Asia

Novatti Group Limited (ASX:NOV), a leading digital banking and payments company, has formed a major new partnership with global payments disrupter, Ripple, to target the rapidly growing South-East Asia region. Ripple is a revolutionary company disrupting the global financial industry. Through RippleNet, Ripple’s decentralised, global financial network, Ripple provides its partners with the ability to process global payments instantly, as well as access to emerging, high-growth capabilities, such as blockchain and the digital asset, XRP, the world’s third largest digital currency, valued at more than USD$27 billion.1 Ripple builds financial solutions and services leveraging XRP – to move money at the same speed and standard that information moves today. RippleNet […]
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Dec
07

Revolut targets 2m Irish customers as it takes on Stripe

Revolut now has 1.2 million Irish customers and is highly confident it can surpass two million given the rate at which it is growing locally.

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Dec
03

London Fintech Updraft raises £16m to help people break up with their credit cards

Consumers will pay over £10b in fees and interests for overdraft and credit cards in 2020 alone. Updraft wants to reduce that amount.

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Nov
26

India’s Paytm raises $1bn with SoftBank’s contribution

Indian financial technology giant Paytm has raised $1 billion in a new financing round led by U.S.-based global asset manager T Rowe Price and backed by existing investors Ant Financial, SoftBank Vision Fund and Discovery Capital, the company said Monday. The Series G funding round values Paytm at about $16 billion and comes as the company is set to start preparations for an initial public offering in the next 22-24 months. Ant Financial contributed $400 million, while SoftBank Vision Fund invested $200 million in the latest round. The financing sees Paytm outstripping fellow high-profile Asian startups such as Grab and Gojek in valuation and boosts the firm’s war chest to […]

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Nov
20

The latest marker of Chinese interest in African fintech is a $120 million funding round for OPay

Chinese interest in African fintech has just stepped up another gear. OPay, the payments service operating in Nigeria, has raised $120 million in a Series B round led mainly by Chinese investors including familiar names like Sequoia China, IDG Capital and Source Code Capital. The round also included participation from Softbank Ventures Asia, Meituan-Dianping, DragonBall Capitak, GaoRong Capital and GSR Ventures. It’s the second major funding announcement by OPay this year and comes just five months after it raised $50 million back in July in a round also led by Chinese investors. OPay was incubated by Opera, the China-owned internet browser. OPay says the new funding will be deployed to […]

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