Payments

Jun
28

Visa buys stake in fast-growing fintech group Klarna

Visa is taking a stake in Klarna in a sign of the Swedish fintech’s growing presence in online payments. A week after Klarna became the largest European fintech to receive a banking licence, Visa said it was making a strategic investment through the purchase of a stake of less than 10 per cent as well […]

By Reposted by International FinTech | Banking . FinTech . Investing . Payments
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Jun
16

Why India’s Fintech startups are flocking to disrupt the UAE

India’s technology startup ecosystem has grown exponentially in recent years and now appears to have caught the eye of startup enthusiasts in the UAE. The Middle East nation is keen to elevate disruptive Indian fintech startups by providing them an international platform and financial support. UAE’s affinity for disruptive fintech According to the Associated Chambers […]

By Cameron Dart | FinTech . Payments
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May
31

BITPoint wants to bring Bitcoin to Japan

BITPoint Japan Co. is reportedly gearing up to enable hundreds of thousands of Japanese retail outlets to accept the digital currency bitcoin, reported Bloomberg News. In a Bloomberg report, Genki Oda, BITPoint’s president, said the company is in talks with a retail-related company and that “by going through a company providing payment terminal services to […]

By Reposted by International FinTech | Bitcoin . FinTech . Payments
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May
29

Malaysia Fintech firm Soft Space raises US $5 Million from Japan’s Transcosmos

Malaysia Fintech firm Soft Space, which offers mobile payment solutions, announced it has secured US $5 million in funding from Japanese e-commerce company Transcosmos Inc. Mobile POS and E-Commerce Soft Space offers mobile point-of-sale services for small and large merchants in Malaysia and other parts of Southeast Asia. Businesses can plug a small device into […]

By Reposted by International FinTech | FinTech . Payments . Venture Capital
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May
26

Digital wallet services gain growing acceptance

Money and wallets simply aren’t what they used to be. Tech giants’ card-less payment services — including Apple Pay, Android Pay from Google and Samsung Pay — aim to ease the path to the truly digital wallet, and researchers project huge growth in adoption by retailers and consumers. Even staid financial giants such as Wells […]

By Reposted by International FinTech | FinTech . Payments
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May
26

Southeast Asia’s biggest startup files for $1 Billion IPO

Sea Ltd., Southeast Asia’s most valuable startup, has filed confidentially for a potential U.S. initial public offering that could raise about $1 billion, according to people with knowledge of the matter. The Singapore-based company, formerly known as Garena, filed with the U.S. Securities and Exchange Commission in the past few weeks, according to the people, […]

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

NDTV & Mastercard launch “Cashless Bano India” to encourage adoption of digital payments among the masses

Keeping in sync with Government of India’s vision of cashless India, NDTV and Mastercard joined hands to launch the Cashless Bano India movement. The campaign aims at accelerating the adoption of digital forms of payments through an on-ground and TV campaign that will educate the masses about digital payment solutions and encourage its usage for […]

By Reposted by International FinTech | FinTech . Payments
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May
19

Indian fintech company Paytm raises $1.4 billion from Japan’s SoftBank

India’s Paytm said on Thursday it has raised $1.4 billion (£1.07 billion) from Japan’s SoftBank Group in a deal that will help the digital payments startup expand its user base and maintain its lead in Asia’s third-largest economy. SoftBank will also get a board seat in Paytm after the investment, which was made into Paytm […]

By Reposted by International FinTech | FinTech . Investing . Payments . Venture Capital
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