Mastercard, Verizon team to introduce 5G to payments market
Mastercard and Verizon Business have entered a strategic partnership aimed at bringing ‘transformational solutions’ to the global payments and commerce industry.
Gen Z and Millennial spending share to grow 48% by 2030, Afterpay report finds
A quarterly report by the buy now, pay later (BNPL) business Afterpay has estimated that spending share by Millennials and Gen Z will grow to almost 50% by 2030.
PayTechs replace banks as most important business partners for SMEs
Research by FinTech firm YouLend has found PayTechs and website and webshop providers have overtaken banks as the most important business partner for SMEs.
B9 nets $5m seed funding to expand unbanked customer reach
FinTech startup B9 has secured $5m in seed capital and has doubled its year-end customer acquisition target.
QI Tech lands $50m Series A funding to better serve Latin America
Brazil-based QI Tech, a FinTech that provides a range of financial services through APIs, has raised $50m in Series A funding.
BNPL provider Kueski lands funding to service Mexico
Mexico City-based online lender and Buy Now, Pay Later (BNPL) provider Kueski has raised $202m in a debt and equity round led by StepStone Group, a report by Finextra has revealed.
Zilch and Mastercard widen partnership to launch BNPL card in Europe
FinTech company Zilch has revealed it has expended its partnership with Mastercard to help bring the former’s buy now, pay later (BNPL) card digital card to Europe.
Sokin links with Visa to offer digital accounts across Asia Pacific
Payments provider Sokin has teamed with Visa to roll-out its global currency account and debit cards across Asia Pacific.
Alkami in Segment take-over to deepen customer relationships
Alkami Technology, a cloud-based digital banking solutions provider for US financial institutions, is to acquire data analytics company Segmint.
Financial product API dev Codat picks up $100m
Codat, an API software developer, has received $100m in its Series C funding round, which was led by JP Morgan Growth Equity Partners.
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