UK-based Earthport bags $25m through placing shares sale
UK-based cross-border payment solution provider Earthport has reportedly bagged $25m through sale of placing shares sale.
FreedomPay teams with Vista to support maintenance of payment terminals
FreedomPay has teamed up with Vista Technology Services to provide improved field services to merchants in the UK and Europe.
E-payments specialist PPRO Group secures Northleaf Capital backing
HPE Growth Capital-backed payments business PPRO Group has received an investment from Northleaf Capital Partners.
The cross-border e-payment specialist allows businesses to accept over a 140 alternative payment...
Softbank, Alibaba said to invest $445m in to Paytm Mall
Softbank and Alibaba have reportedly invested $445m in to Paytm Mall, the e-commerce division of Indian banking platform Paytm.
Social media platform TikTok taps into social commerce
TikTok, the social media platform famous for its short video snippets, is opening up the network to e-commerce.
Popwallet bags $4m seed round led by Stout Street Capital
Popwallet, a mobile wallet marketing solution, has scored $4m in a seed round led by Stout Street Capital.
Paystand scores $20m as it looks to grow its team
Blockchain-powered payments platform Paystand has scored $20m in its Series B round which will help it expand its team.
Ant Financial buys US remittance firm MoneyGram for $880m
Chinese FinTech giant Ant Financial is acquiring US money transfer service MoneyGram in an $880m deal. Ant Financials’ core product is payments service Alipay.
JP Morgan Chase buys tech behind failed CurrentC
JP Morgan Chase is ramping up its mobile payments offering through the acquisition of MCX’s payments technology.
American Express, GreenSky partner to improve POS financing
American Express has partnered with POS payment and financing processor GreenSky to power frictionless payments.
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How the coronavirus has affected the RegTech industry
The coronavirus has forced the global economy to grind into a halt. While the RegTech industry is not left unscathed, there are opportunities for those that look.
Neobank HM Bradley has officially launched
The US-based digital bank HMBradley has officially launched its services for the thousands of would-be users on its waitlist.
The FCA reminds banks that not all their employees need to be at the...
The Financial Conduct Authority (FCA) has told banks, building societies and credit unions that they need to carefully consider which of their workers should be able to work remotely in order to deal with COVID-19 appropriately.
Monzo’s founder won’t take out any salary for 12 months to help the company...
UK challenger bank Monzo has taken additional steps to protect the business against the pandemic-induced financial downturn. And it's not alone.
FinTechs could see rise in customers following the coronavirus pandemic
While FinTechs might be fearing the impact of the coronavirus on their business, it might actually be a beneficial thing for them, a study from financial advisory firm deVere Group claims.