Kyriba forms strategic partnership with WorldFirst
Kyriba, a treasury and financial management provider, has formed a strategic partnership with foreign exchange WorldFirst.
Paymynt Financial unveils new blockchain-based multicurrency smart card
Boston-based FinTech company Paymynt Financial said to launch MYNT PayCard, a multicurrency hardware wallet.
Digital X picks up $1.2m and signs deal for blockchain remittances
Australian blockchain-based software developer Digital X has raised AUS$1.62m ($1.2m) in post-IPO equity and inked a new deal with remittances company UniTeller.
Social payments platform CHEQ collects $8m seed
CHEQ, which identifies itself as the world first social payments platform, has raised $8m in its seed funding round.
Thailand-based Lightnet closes Series A round on $31.2m
Lightnet, a financial network supporting payments and remittances, has closed its Series A round on $31.2m.
Axis Bank rolls out wearable contactless payment device Wear ‘N’ Pay
In a bid to encourage the mainstream adoption of cashless transactions, India-based banking group Axis Bank launched its own range of wearable contactless payment devices, called Wear N Pay.
Euronet makes $1bn bid to take MoneyGram from Ant Financial
A bidding war seems on the cards over remittances service MoneyGram as Kansas-based electronic payments firm Euronet Worldwide attempts to swoop in on Ant Financial $880m acquisition.
Nigerian challenger bank Kuda launches in the UK
Kuda, a Nigerian challenger bank, has launched in the UK as part of its major global expansion efforts.
Flywire rakes in funding and acquires healthcare business
Cross-border payments company Flywire has bagged $120m in its Series E as it looks to move into more verticals including education, healthcare and travel.
Klarna rival Laybuy hauls in A$35m to boost its footprint in the UK
New Zealand-based buy now pay later firm Laybuy has closed a A$35m capital raise to further its push into the UK market.