Emerging markets set to lead mobile wallet uptake by 2025
A global study by Boku has found that emerging markets in Latin America and Africa and the Middle East are set to see the largest uptake in mobile wallets by 2025.
Sezzle unveils new virtual card powered by Marqeta
Instalment payments platform Sezzle has released its virtual card for shoppers, enabling customers to pay using interest-free instalments both in-store and online.
Global spend for OTT to hit $25bn in 2023
The global spend for OTT (over-the-top) based conversational commerce is expected to rise from $13.3bn in 2022 to $25.1bn in 2023, according to a report from Juniper Research.
What were the biggest PayTech deals of 2021?
In an age where the traditional form of in-person payments is being restricted due to Covid-19 restrictions, the rise of PayTech seems almost inevitable. With more people than ever now using payment technologies, the demand for funding is also climbing.
Wirecard and Klarna ink new deal to give merchants even more payment options
Swedish PayTech unicorn Klarna and Wirecard, the FinTech company, have launched a joint payment solution.
Marqeta widens European presence through expanded Klarna partnership
Klarna has entered 13 new European markets after it expanded its alliance with card issuer Marqeta.
BharatPe bags debt funding just weeks after its Series E close
Merchant payments and financial services provider BharatPe has reportedly received $27m in debt funding, less than a month after closing a $370m investment.
How the coronavirus will affect different segments of the FinTech industry
As COVID-19 rages on across the world, the affects on the FinTech segment of the economy is already letting itself be known.
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.
Zepz looks to new geographies following $292m Series E
UK cross-border payments platform Zepz has secured $292m from a Series E funding round that has pushed its valuation up to $5bn.
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