Payments

Feb
15

Put people first to get fintech right in Asia

As the Year of the Rooster gives way to the Year of the Dog, fintech remains very much in the news and on investors’ minds. From blockchain to bitcoin, ethereum and other cryptocurrencies, and initial coin offerings that allocate “tokens” as a new means of crowdfunding capital, the language and disruptions buffeting the mainstream banking […]

By Reposted by International FinTech | Bitcoin . FinTech . Payments
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Feb
15

Want to buy stuff using bitcoin? Coinbase wants to help

Coinbase, a company that houses people’s digital wallets for bitcoin and other cryptocurrencies, has a new way to pay. The service, called Coinbase Commerce, “enables merchants to accept multiple cryptocurrencies” so funds arrive directly in their own wallets. It can be integrated straight into their own online checkout processes, Coinbase said in a blog post […]

By Reposted by International FinTech | Bitcoin . FinTech . Payments
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Feb
07

Malaysian company partners with Chinese Alipay in digital wallet

Malaysia has witnessed a growing mobile wallet sector since the entry of the Ant Financial’s mobile solution Alipay into the country. Many Malaysian players have hurried into the mobile payments bandwagon to step into Malaysian e-commerce market, including MOL Global Inc. The group has launched its owned mobile wallet One2pay in the last month, after […]

By Reposted by International FinTech | FinTech . Payments
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Feb
02

Alibaba is picking up 33% of Ant Financial, its fintech affiliate that’s valued at over $60B

Alibaba has added an additional angle to the announcement of its latest financial report today with news that it is taking a 33 percent stake in Ant Financial, its fintech affiliate that operates Alipay and other financial services. The deal, which both parties said stems from an agreement made in 2014, will see Alibaba pick […]

By Reposted by International FinTech | FinTech . Investing . Payments
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Jan
24

How to build a Fintech Unicorn – How Adyen became a $2.3bn payments company

So here’s the good news. Investor interest in Europe’s financial technology sector has never been higher. According to a report published in September last year by Innovate Finance and Magister Advisers, VCs poured around $8bn into fintech startups and early stage companies across the continent between 2010 and 2017 and over the course of that […]

By Reposted by International FinTech | FinTech . Payments
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Jan
18

UnionPay International signs long-term partner agreement with global payment innovator Verrency

Verrency today signed a long-term agreement with UnionPay International (UPI), a wholly owned subsidiary of China UnionPay (CUP), to offer Verrency’s innovative value-added services to Union Pay’s issuing banks across Asia. Verrency’s services will be delivered via the UPI Wallet, Union Pay’s innovative API service. Signing the formal agreement were David C. Link, Chief Executive Officer/ […]

By International FinTech | Banking . FinTech . Payments
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Aug
10

The 10 Biggest Fintech Companies in America

Financial technology companies in the U.S. raised $3.5 billion in the first half of 2017, according to KPMG, as investors rushed to place bets in buzzy sectors like insurance and digital currencies. The U.S. is now home to 13 fintech unicorns who have scored valuations of at least $1 billion. This year alone, Robinhood (free […]

By Reposted by International FinTech | Borrowing . FinTech . Investing . Lending . Payments . Peer-to-Peer
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Aug
07

Apple says it will overtake Samsung Pay by year’s end

Apple has indicated it plans to launch Apple Pay in a number of new territories before the start of 2018, a feat that would see it catch up to and overtake current digital wallet frontrunner Samsung. Speaking at the company’s earnings call yesterday, Apple CFO Luca Maestri says that “the reach, usage, and functionality of […]

By Reposted by International FinTech | FinTech . Payments
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