How Covid-19 supercharged the growth of the digital remittance market
A new blogpost by Currencycloud has underlined how the coronavirus pandemic and the restrictions put in place due to it has led to the massive growth of digital remittances.
PayTech CellPoint bags $25m to fuel international expansion
Digital commerce and payment provider CellPoint Digital has scored $25m in funding from an equity financing round.
State Bank of India backs Pine Labs with $20m investment
Indian buy now, pay later (BNPL) firm Pine Labs has secured a $20m investment from the State Bank of India, the largest commercial bank in the country.
Judopay taps Mastercard to help bolster its Click to Pay solution
Mobile payments provider Judopay has teamed with Mastercard to help strengthen the latter’s Click to Pay product.
Vietnamese mobile payments app MoMo collects $200m in funding
Vietnamese mobile payments app MoMo has reportedly collected $200m in a Series E funding round from global investors.
Bank of Indonesia unveils new retail payments system
The Bank of Indonesia has launched a new retail payments system to help cut the cost of money transfers and support the growth of the digital economy.
EBANX acquires remittance start-up Remessa Online in $229m deal
Payments unicorn EBANX has purchased remittances company Remessa Online in a deal valued at $229m.
Taptap Send lands $65m to advance fight against global financial inequality
Cross-border financial platform Taptap Send has reeled in $65m from a Series B funding round led by Spark Capital.
Currencycloud becomes a Visa company
Visa has officially acquired cross-border payments firm Currencycloud in a deal valued at £700m.
Thoma Bravo to acquire PayTech Bottomline in $2.6bn deal
Private equity firm Thoma Bravo has entered a deal to acquire business payments company Bottomline Technologies in an all-cash transaction worth $2.6bn.
