Mobile Payments

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 […]

By Reposted by International FinTech | FinTech . Investing . Payments
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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 […]

By Reposted by International FinTech | FinTech . Investing . Payments . Venture Capital
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Nov
20

Boost and U Mobile partner UnionPay to expand digital payment options in Malaysia

UnionPay International (UPI) has tied up with Malaysian e-wallets U Mobile’s GoPayz and Boost to offer greater ease and convenience of payment to Malaysian consumers. UPI’s partnership with GoPayz enables users to make digital payments locally and overseas by using the new UnionPay Virtual Card available on the app. GoPayz users can make payments by scanning the merchant-presented […]

By Reposted by International FinTech | FinTech . Payments
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Nov
06

Alipay sets sights on digital payments outside Asia as it teams up with Russia’s Mail.ru

Alipay, one of China’s dominant digital payments providers, has teamed up with Russian internet firm Mail.ru in an e-wallet joint venture to develop digital payments in the country. The joint venture is Alipay’s first outside Asia, where it already partners with local e-wallet providers such as Hong Kong’s AlipayHK, Indonesia’s Dana and Malaysia’s Touch ‘n […]

By Reposted by International FinTech | FinTech . Payments
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Nov
06

GrabPay rated most popular e-wallet in Singapore

Grabpay has emerged as the most popular e-wallet in Singapore over the past two years, as e-payment systems catch on in the city-state. It was followed by e-wallets DBS PayLah!, FavePay, EZ-Link app and Alipay. A report by meta-search website iPrice Group, in collaboration with mobile data and analytics platform App Annie Intelligence, said the […]

By Reposted by International FinTech | FinTech . Payments
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Nov
04

Dutch fintech to bring mobile payments to South America’s smallest country

Dutch fintech Move4Mobile has developed a mobile payments app for Hakrinbank, bringing online payments to Suriname, the smallest country in South America. The app, named Mopé, will enable anyone with a smartphone to make purchases and transfer money electronically in a country where the majority of transactions are performed using cash. Mopé provides a mobile […]

By Reposted by International FinTech | FinTech . Payments
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Oct
23

Canada becomes the first country to launch Samsung POS

Today, Samsung Electronics Canada announced that Samsung POS (Point of Sale), a new, NFC-enabled contactless payment acceptance system designed for micro-merchants and small businesses, is now available exclusively in Canada. Samsung POS enables merchants to accept debit and credit payments – up to $100 CDN – by tapping contactless cards, Samsung Pay, Apple Pay, and […]

By Reposted by International FinTech | FinTech . Payments
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Oct
22

Japanese fintech firm Digital Wallet acquires PH’s Speed Money Transfer

Digital Wallet Corporation (DWC), a Japan-based financial technology (fintech) company, announced today that it has acquired remittance and foreign exchange firm Speed Money Transfer Philippines (SMTP) for an undisclosed amount. SMTP, which operates in the Philippines and Australia, will be renamed as Digital Wallet Philippines following the acquisition. The deal and the name change have […]

By Reposted by International FinTech | Currency . FinTech . Payments
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