Razorpay seeks to double its valuation to $2bn via plans to secure up to...
FinTech startup Razorpay is reportedly in talks with existing investor Singapore investment fund GIC to raise circa $150m to $200m in a new financing round.
Mobile payments platform RecargaPay secures $70m to smoothen digital financing
Brazil-based mobile payments company RecargaPay has raised $70m with the aim to further develop its payment platform.
MoneyGram steps back from partnership with Ripple over SEC lawsuit
Remittance firm MoneyGram suspends trading on Ripple’s payment platform, RippleNet, citing the ongoing $1.3bn lawsuit filed by the U.S. Securities and Exchange Commission (SEC).
Google Maps to enable street parking and ride payments
Google Maps will enable street parking and transit payments.
Monzo teams up with TrueLayer to create an open banking-powered gambling block
Challenger Bank Monzo and fintech firm TrueLayer have entered into a partnership to protect customers using new payment methods to remit money when gambling.
Revolut introduces QR code payments solution
Challenger bank Revolut has introduced a QR code payments solution for small businesses.
Israeli bank launches digital wallet FibiPay to boost online payments
With an aim to disrupt and digitise the payment sector, the First International Bank of Israel launched new mobile wallet app, FibiPay.
IKEA forays into banking sector with a 49% stake in Ikano Bank
Expanding its business into other areas, Swedish furniture giant IKEA has entered the banking space by acquiring a 49% stake in Ikano Bank.
BharatPe valued at $900m after $108m Series D round
Accelerating its journey to becoming a unicorn, Indian QR-based payment firm BharatPe has reportedly raised $ 108m in a Series D equity round.
What do these 36 FinTech rounds raised in the last week reveal about the...
WealthTech and cybersecurity enterprises were among the FinTech businesses that closed investment rounds in the last seven days.
Companies operating in the WealthTech, cybersecurity, RegTech,...
